If Investment Advice Sounds Too Good To Be True, It Is Likely To Be Fraudulent
Old aphorisms are often helpful in ferreting out fraudulent advice. One such aphorism is: “if it sounds too good to be true, it is.” One unchangeable law of investing is that the higher the rate of return on an investment, the higher the risk of the investment. Anyone who claims that a high rate of return or large payout is “guaranteed,” “very low risk,” or a “sure thing” is trying to defraud you. If you believe you may have fallen victim to investment fraud, West & West in Baltimore, Maryland for a free, no-obligation, initial consultation.