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Fraudulent banks have used this scheme as well, offering excessive curiosity charges on savings accounts to draw quite a bit of shoppers. The deposits of newer prospects are used to pay the interest to the primary prospects, and so on, till the bank collapses (or the con artists flee with everyone's money). Whereas there could also be official businesses that go door-to-door or make chilly calls to seek out customers, they are few and much between. Don't settle for solicitations. Whether or not you get a chilly name for an funding alternative or someone involves your door providing to do dwelling repairs, hold up the cellphone and close the door. If it entails residence enchancment scams, he'll present up carrying nicely-worn work clothes. If the con involves banking or investments, the con artist will wear a snappy go well with. Is being a con artist unlawful? These con artists prey on people who find themselves already in monetary bother

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