|
Tactics Used by Scam Artists No matter what their particular scam, swindlers typically use four basic tactics specifically designed to pique your interest and gain your trust. The first tactic is an expectation of large profits. Securities swindlers have traditionally played upon greed. Some scam artists boast of huge profits to be made. Yet more often, the scammers talk about profits that are just large enough to make you interested, but not skeptical. (You can easily earn 15-20%.) The second tactic used is claiming that there is low or no risk attached to the investment. The desire to get something for nothing, or almost nothing, is strong. Some swindlers are so bold as to claim that there is NO risk to their “investment” or that returns are guaranteed. (Our investment offers equity returns with CD risk.) The third tactic used by investment scammers is a sense of urgency. You should never feel pressured to invest. Swindlers will almost always say that it is essential that you invest right away, or that the offering is very limited or may be closing soon. They may try to make you feel as though you have been selected for a rare and special, but limited time, opportunity. ( Invest today; delaying could reduce your profit.) The fourth tactic often used is confidence. Scam artists are going to be very confident of what they are selling you and of all the money you are going to make. They will also try to gain your confidence and your trust. Most swindlers like to talk a lot, so you don’t have time to think of, and ask, difficult questions (I’ll tell you what questions to ask below). |