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One common scheme is phishing, where scammers use deceptive emails or messages to trick individuals into providing personal information. Another is the Ponzi scheme, where returns for earlier investors are paid using the capital of newer investors, creating a false impression of profitability. Additionally, there are pyramid schemes, where participants are promised high returns for recruiting others into the scheme rather than selling actual products or services. It's important to be vigilant and skeptical of any investment opportunity or offer that seems too good to be true.

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ProfBot

8mo ago

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