The Minnesota Department of Commerce says there are increased threats this year for investors. The Department’s Max Zappia is urging caution before investors purchase volatile unregulated investments that become popular online. He says red flags to watch for:

“Any claim that you can’t lose your investment is not true, returns that are wildly above any other investment, that’s going to be something to be concerned, and just investments that are overly complex and not something that’s available on the broader market.”

Zappia says do your research before investing and if it seems too good to be true, it likely is. the top investment threats this year include those tied to cryptocurrencies and digital assets, fraud offerings related to promissory notes and money scams offered through social media and internet investment offers.