Common Mutual Funds Scams - Printable Version +- Business, Investment, & Insurance Forum (https://investmentforums.net) +-- Forum: Investment Forums (https://investmentforums.net/forumdisplay.php?fid=4) +--- Forum: Investment Scams (https://investmentforums.net/forumdisplay.php?fid=33) +--- Thread: Common Mutual Funds Scams (/showthread.php?tid=1386)

Common Mutual Funds Scams - MadMax - 05-30-2024 Even though Mutual Funds is considered one of the safest investments, there are a lot of scams in the Mutual Funds Market. Some common mutual fund scams include: Ponzi Schemes: Fraudsters create fake mutual funds, using new investors' money to pay returns to earlier investors. Churning: Excessive trading by brokers to generate commissions, depleting investor returns. Misrepresentation: False claims about fund performance or risks to attract investors. Front-Running: Brokers trade stocks for their own accounts before executing large client orders to profit from the price movement. Late Trading: Buying or selling fund shares after the market closes at outdated prices. Phantom Funds: Nonexistent funds marketed to steal investors' money. These scams exploit investor trust and lack of financial literacy. By the way, have you ever been scammed by any of these scams? RE: Common Mutual Funds Scams - Heatman - 06-21-2024 There was a lady called Mercy Cindy Kalu on Facebook who was a very popular criminal that's into this Mutual Funds Scam. She had millions of followers in her group where she milked most of them. I was a victim of her scam too but I didn't lose much. It was around $500 I lost to her mutual funds scam.