What system failures $($i$.$e$.,$ lack of proper government oversight and regulations$/$laws designed to prevent investment fraud$)$ allowed Carlos Wanzeler and James Merrill to con $1\mathrm{.}8$ million investors from $248$ countries out of $3$ billion dollars?

Name three takeaways you would share with a family member or friend who may be vulnerable to investment$-$related scams.

OTE: You will not be able to see any of your classmates' Initial Pocts heforenoting