BUSINESS
04/03/2009 05:12 am ET | Updated May 25, 2011

Financial Scams On The Rise As Economic Suffering Spreads

WASHINGTON -- Researchers say people are more susceptible to investment scams such as Ponzi and pyramid schemes after going through adverse life events -- a job loss, foreclosure or some other financial hardship.

So it's not surprising that many experts think the nation's deepening economic crisis is creating a whole new universe of potential scam victims every day. In fact, it makes perfect sense.

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