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Get Started in Shares by Glen Arnold

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Another share scam

The fraudster finds out that you own shares in a company. He then offers to buy them from you at a higher price than their market value. ‘What is wrong with that?’ you ask. He will require money up front as a bond or other form of security. You will get this back if the sale does not go ahead, they say. Of course, you never hear from them again. This one is called an advanced fee scam.

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