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Study: Don’t trust your friends — they will probably steal your money

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As if making friends and keeping them isn't hard enough, now the people claiming to like you are secretly just trying to steal your money. It's being reported that friend-on-friend investment deals are the new Ponzi schemes.

No one trusts Wall Street investment bankers, with their slicked-back hair and affinity for bespoke cocktails. So instead, friends — or at least, acquaintances with whom you had that one drunken good time with and now say hi to — are cashing in on your trust and swindling your investments. Named "affinity frauds," these mischievous plots are all lies built upon lies to gain your affection, take your retirement nest egg, and spend it on "business trips" to Miami Beach.

So the next time you see someone giving you the ol' "let's be friends" eye from across the room, and/or expressing interest in your hobbies, or sharing common beliefs or passions, just remember: they're after your money and you should not fall into their wicked trap. It's better to become a skeptical miser.