Investment Scams from Best of Investing Radio Show on Fox NewsTalk ... | California Hard money Lenders | San Francisco Hard...

Investment Scams from Best of Investing Radio Show on Fox NewsTalk ... | California Hard money Lenders | San Francisco Hard...

 Here is a summary from your favorite San Francisco and California Hard Money Consultant,  EquityCoalition where we did a recent radio broadcast on June 23, 2012  on the Best of Investing Radio show broadcast on NewsTalk 910-KKSF radio. (Broadcast every Saturday at 1pm)

Ponzi Scheme - A type of pyramid scheme, this is where money from new investors is used to provide a return to previous investors. The scheme collapses when money owed to previous investors is greater than the money that can be raised from new ones. Ponzi schemes always collapse eventually.

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...
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