The general stock market is full of scams as well Refer to the...

The general stock market is full of scams as well

Refer to the following article

https://www.investopedia.com/articles/00/100900.asp

Examples listed

• ZZZZ Best (1986)
• Centennial Technologies (1996)
• Enron (2001)
• WorldCom (2002)
• Tyco International (2002)

many other examples

Interesting quote "The Bottom LineThe worst thing about these scams is that investors were blindsided. Those convicted of fraud might serve several years in prison, which costs investors/taxpayers even more money. The SEC works to prevent such scams.5 However, with thousands of public companies in North America, it is nearly impossible to ensure that disaster will not strike again"

Scams happen everywhere, real estate, stock market, dating, you name it not just gold.