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.
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