The fraudster finds a way to gain entry into such a group and offers investing opportunities with high or safe returns to the captive audience. The stock price falls drastically, resulting in losses for the investors.The fear of missing out (FOMO) on a profitable stock or transaction is often witnessed as herd mentality in the stock market. Similarly, the assurance of guaranteed returns pulls in conservative victims who do not want to experiment.Try not to buy any investment product sold by a bank employee. If most of your friends appear to be making easy money with the scheme, it is hard to resist not investing in it. There are several instruments that can help you get good returns without the risk of losing capital as well.

Source: Economic Times October 21, 2019 00:56 UTC