It can be difficult to say “no” to someone you consider a friend, and many fraudsters will try to gain the trust of their victims before pressuring them into a scam. It’s not uncommon for clients to come to our investment fraud lawyers with stories of how a fraudster talked them into a Ponzi scheme or harassed them until they gave into a too-good-to-be-true scam.
Signs That You’re Being Pressured into an Investment Scam
One of the best ways to resist a high-pressure pitch is to recognize the signs and be ready to do your research and always take the time to verify what you’ve been told before you invest. Here are just a few of the ways a fraudster or unscrupulous financial professional might try to pressure you into an investment scam:
- The fraudster may claim that you must “invest now” or you’ll be missing a “once-in-a-lifetime opportunity.”
- The fraudster attempts to pressure you into investing by claiming that everyone else is doing it or pointing to other friends and family members who have already invested.
- The fraudster attempts to talk you into investing by creating fear about an upcoming financial change, like retirement or a divorce.
- The fraudster attempts to make you feel indebted or manipulate your emotions to get you to invest.
Our investment fraud lawyers have over 50 years of collective experience, and we would be happy to review your situation and provide guidance in recovering your investment losses due to fraud. Schedule a free and confidential consultation with Meyer Wilson today by calling us or simply filling out the online contact form on this page today.
The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from other sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise .