Michael Holloway, a 62-year-old real estate agent from New Jersey, was conned out of $500,000 by fraudsters, who lured him in for months before persuading him to drain his entire retirement pot.
A new study published by Carlson Law, a Florida and New York-based investment fraud law firm, found that California ranks No. 1 among the top states to fall privy to investment fraud in 2022, as $869 million was scammed from people living in the state. The study, the first annual, utilized the most recent data
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Of all the tricks that bad actors use to bilk money from unsuspecting victims, investment scams are as popular as ever. And, within that category, it’s crypto…