How investment scams work
There are three main types of investment scams:
The investment offer is completely fake.
The investment exists, but the money you give the scammer doesn't go towards that investment.
The scammer says they represent a well-known company – but they're lying.
In any case, the money you 'invest' goes straight into the scammer's bank account and not towards any real investment. It is extremely hard to recover your money if it goes to a scammer based overseas.
Anyone can be scammed and every scam is different. Scams are often very hard to spot and can feel legitimate in the moment. Scammers can use professional-looking websites and apps, and impersonate legitimate companies.