Question

In: Accounting

How does investment fraud impact your life as a student?

How does investment fraud impact your life as a student?

Solutions

Expert Solution

Students are the most vulnerable targets for investment fraud. They are on so limited source of income generally that they tend to invest their money for higher returns. This urge to earn higher return make them invest in risky projects. disappear.

This has the following impact on students life:-

1.The burden to pay tuition fees.

2. Tremendous pressure to earn money and hence they devote more time to part-time studies and lesser time for studies. This hamper their college grades and eventually struggle to get a decent job.

3. Some students take extreme steps and drop out of college.

Hence, students have to be cautious with their money.

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