One of the biggest risks you face is that of fraud, usually through some investment scheme. But you can also be defrauded by seemingly legitimate planning, which turns out to lack substance.
Though scams are funny once you know the inside scoop, the sad fact is that many persons -- including smart businessmen -- and corporations get taken by these scams amazingly often.
Wealth can be lost through the fraud and embezzlement of bad employees, bad faith of insurance companies, or investment fraud by financial advisors.
Wealth can also be lost because of bad decisions in trusting others. It is imperative that we learn to identify these risks and adopt procedures and practices to avoid them.
Investment con artists are clever and creative. They base their scams on the latest political and scientific developments in the news. For example, a popular investment scam sells stock in a company that is just about to announce a cure for AIDS. Some swindlers focus on specific groups, church groups, blacks, Hispanics, doctors, the elderly, and offer pitches tailor-made to the needs and concerns of these audiences. Still other scams take advantage of economic downturns and employment uncertainty with glowing reports on the earnings of those who buy a franchise or business opportunity. -- http://www.contactpakistan.com/investment/