Be wary of SPARCs and Blank Cheque Companies

This latest investment fad is calculated to capitalise on the public's desperate search for yield and will primarily suit the promoters. So look out for any of these 'investments' that appear in your portfolio and question the financial adviser or private banker who selected them for the reasoning behind their decision.

The Spac race: Wall St banks jostle to get in on hot new trend

Another Ponzi Schemes- 'only' $400 Mio go missing

Never invest on the word of a good friend or well-regarded person (in politics, media, business) without getting a second opinion from an independent professional who has no stake in the proposal - be it a fee or being involved in the investment in any form or shape.

San Diego Magnate Masterminded $400 Million Liquor License Scam

and another Scam, this one 'only' for $18.5 Million:

 Private Investigator Tech Startup Charged in $18.5 Million Fraud

this one is 'only' for $25 Million:

Cryptocurrency Firm Co-Founder Pleads Guilty to Coin Offering Fraud  

and another $60 Million changed hands:

Investment Adviser CIO Charged with Running Ponzi-Like Scheme