There has been a rise in scams trying to get consumers to invest in crypto. Be aware of the target audience and warning signs.
Look out for:
Senior citizens being targeted
Investment requests between $2,000 to $25,000
Requests made payable to crypto currency vendors
Questions to ask yourself before you choose to invest:
Is this the first time you've been asked to invest, or is it someone you've worked with before?
Are you being aggressively pursued for an investment commitment?
Have you done your research on the crypto you're being asked to invest in?
Have you checked to make sure that there's no open litigation against the company asking you to invest?
Have you considered doing an investment through a trusted, local investor?
Don't fall victim to a scam. Create a family code word. Below are links for more information.
