NEW YORK — Have you been promised “guaranteed, oversized returns” in a crypto investment you’re considering? That’s a major red flag, according to the Commodities Future Trade Commission. Other statements that should serve as a warning include: “the more money you commit, the more you are guaranteed in return” and “you can only open an account with digital assets.”
To help you recognize and avoid falling for potential scams, the CFTC and other U.S. federal entities have created many fact sheets and sites to help investors and consumers. Common red flags about crypto-related and immigration, two common topics used to prey on Haitians, are listed below.
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Macollvie J. Neel, a writer and communications consultant, serves as executive editor of The Haitian Times. She is the founder of Comms Maven LLC, a consultancy that helps mission-driven professionals and organizations tell their stories in workplaces and media spaces.