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Don’t get scammed: An investment chief overseeing $1.2 billion shares 3 ways to avoid financial fraud and a ‘lottery ticket mentality’ that can cost millions

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  • Ben Carlson, director of institutional asset management at $1.2 billion Ritholtz Wealth Management, is tired of seeing investors get swindled by clever sales techniques.
  • He notes how a confluence of slick storytelling and inherent human biases leave investors susceptible to fraud.
  • Carlson’s new book “Don’t Fall For It” aims to teach investors timeless business and financial lessons through the use of historical anecdotes.
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Financial fraud and scams have a rich history.

From a Nigerian Prince who claims to have a pile of cash with your name on it, to Victor Lustig, the man who sold the read more >>>

Source:: BusinessInsider.Com