How to Recognize Infinity Fraud

Video Transcript

"Hello everyone. This is Chris Markowski, president of Markowski Investments and host of the Watch Dog on Wall Street radio show, here to talk about something that's becoming a bit of an epidemic across our financial landscape and affecting many Americans all across the country. Something that is called infinity fraud. Infinity fraud is; let's kind of phrase it this way; I know you, I think like you, I dress like you, I'm from the same group as you. Therefore, you can trust me. Well, it rears its ugly head in many different ways. We see it happening a lot now where we get these con artists entering into churches, synagogues, mosques. They can cite Bible verse like they know it backwards, forwards, frontwards. It doesn't make any difference. And they convince people that they're trustworthy and to hand their assets over. And they end up taking the money and run. I don't want Steve Miller to get upset with me by using his quote there, but guys, it's a really, really bad situation right now. I have a serious problem when people use God, they use their religion or anything like to sell you anything. That should be a surefire sign that something is wrong. Kind of belief in the old St. Francis thing is, preach the gospel, sometimes use words. If someone is using their church or their synagogue or these various different groups that you may be a part of to try to get you into some far-flung investment scam, well, be very, very careful. Because most of them, quite honestly, are scams. This is Chris Markowski, your watch dog on Wall Street. To learn more about this, get to our website, because we've been covering infinity fraud a lot lately, at watchdogonwallstreet.com."