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Pump-and-dump schemes: Fraudsters can hype up a stock by mak...

$Seatrium(S51.SG)$ Pump-and-dump schemes: Fraudsters can hype up a stock by making false claims about a company's AI capabilities. This drives up the stock price, then they sell their shares at a profit, leaving other investors with worthless stock.

Unrealistic claims: Be wary of companies that guarantee amazing returns or claim their AI is foolproof. AI is still a developing technology, and no investment is guaranteed.

Unregistered offerings: Never invest in AI companies that aren't registered with financial regulators. This is a big red flag.

Here are some tips for avoiding AI investment scams:

Do your research: Before investing in any AI company, research the company carefully. Check their financial statements, read news articles, and see what experts are saying.

Beware of unregistered offerings: Never invest in AI companies that aren't registered with financial regulators.

Don't invest based on hype: Don't get caught up in the excitement surrounding AI. Invest in companies with a solid track record and a real product or service.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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i am newbie with happy go lucky, nothing much to lose, a poor chap in the street looking for future business champion 🌋
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