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“Generally, investment scam offers come out of the blue without you seeking any information,” McGlynn said. “These messages or invitations come through cold calls or emails. That should ...
All investments carry some degree of risk, but there's a distinct line between a risky investment and a downright scam. Unfortunately, scams are prevalent. According to data from the Federal Trade...
• Don't use internet search engines to find AOL contact info, as they may lead you to malicious websites and support scams. Always go directly to AOL Help Central for legitimate AOL customer support. • Never click suspicious-looking links. Hover over hyperlinks with your cursor to preview the destination URL.
Between 1964 and its bankruptcy in 1973, the mutual fund and life insurance conglomerate Equity Funding ran a Ponzi scheme using fictitious life insurance policies. It sold these policies to reinsurance companies, using the money it received from these sales and from alleged deaths of policyholders to pay the incurred premiums.
Progressive primarily offers its services through the internet, by telephone or through independent insurance agents. [14] Progressive’s agency business sells insurance through more than 30,000 independent insurance agents [14] and progressiveagent.com where customers can quote their own policies and then contact an agent to complete the sale.
Affinity fraud is a form of investment fraud in which the fraudster preys upon members of identifiable groups, such as religious or ethnic communities, language minorities, the elderly, or professional groups. The fraudsters who promote affinity scams frequently are – or successfully pretend to be – members of the group.
The post Why Life Insurance Is Not a Scam and How It Can Help You appeared first on SmartReads by SmartAsset. Life insurance is a financial tool that can offer cash value, peace of mind and a ...
Phishing scams happen when you receive an email that looks like it came from a company you trust (like AOL), but is ultimately from a hacker trying to get your information. All legitimate AOL Mail will be marked as either Certified Mail , if its an official marketing email, or Official Mail , if it's an important account email.