There is a huge scam going on where victims are often middle class to upper class individuals or families, where that one good, if not, the perfect friend ruin your family’s finances. This is a well known scam for years, but it become a very popular tool for many in this hard economic times. What gets me is that most of these criminals are well educated!
Let’s get to the point so that you are aware of the scam before its too late. There are a lots of ways to become a victim of fraud by your close friends. The following example is just one of them:
- their educational background, specially if you are in South Asian or Chinese community
- by spending money on items to impress you or your family
- by building good friendships with other family members of you
- your personal assets will be a target