Real estate investment scams in California are exposed to public to educate them.
They are exposed so that investors beware of these real estate frauds in
future. For secure investment, investor should have a complete market exposure.
He should know current real estate market trends and economic stability of
country. He should have full fledged knowledge of the area in which he is going
to invest.
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There are many examples of
numerous investment scams. These in particular are disturbing
because the brokers scammed the investors as well as the banks for millions
before getting caught. In these cases, the perpetrators used houses in need of
renovation as the carrot. Under normal circumstances an investment in this kind
of vehicle could likely be a very lucrative venture, and it could do well to
revitalize neighborhoods while stimulating local economies.
Advance Fee Fraud which
plays on an investor’s hope that he or she will be able to reverse a previous
investment mistake involving the purchase of a low-priced stock. The scam
generally begins with an offer to pay you an enticingly high price for
worthless stock in your portfolio. To take the deal, you must send a fee in
advance to pay for the service. But if you do so, you never see that money or
any of the money from the deal again.
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At the end I would like to conclude my
discussion by advising you again to beware of frauds and scams. Keep open your
eyes and brain to do the best decision in business. It would be helpful in
achieving business goals.
I think everybody should check out the Scam Detector app. I believe they're online as well.
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