Ask a money coach: ‘I think my friend is involved in a Ponzi scheme. Should I tell his wife?’

When someone you know is making risky financial decisions, it can be hard to know how far your moral duty extends

If it sounds too good to be true, it usually is. Photo: Getty / Gabriel Bruton

My friend has contacted me a few times about an “exclusive investment scheme” promising returns that are clearly too good to be true. He’s gone all in on it and he’s trying to get me involved too.

source

Leave a Reply

Your email address will not be published. Required fields are marked *