Digital Currency

Why Every Investor Needs This Book Right Now

By Felix Bick·Contributing Editor·1 min read
Why Every Investor Needs This Book Right Now — AI generated illustration

Artificial intelligence has transformed finance — and it has transformed fraud right along with it. That’s the core premise behind How Not to Get Scammed by AI Trading Apps, Felix Bick’s comprehensive guide to recognizing and avoiding the wave of AI-branded investment scams sweeping through trading apps, crypto markets, and social media.

As the book’s foreword puts it, the tools that make legitimate fintech innovation possible are the same tools that make fraud cheaper, faster, and more convincing than ever before. A decade ago, running a convincing investment scam required real infrastructure — a call center, a rented office, printed brochures. Today, one person with a laptop can build a professional-looking trading platform, populate it with AI-generated testimonials, and market it globally within a day.

This isn’t an anti-technology book. Bick is careful to separate genuine AI applications in finance — risk modeling, fraud detection, portfolio optimization — from the fraudulent platforms exploiting AI’s reputation for sophistication without the substance behind it. The book’s stated goal is to close the gap between what AI can actually do and what scammers claim it does.

Across ten parts and ninety-five chapters, the book walks through fake AI trading apps, manipulative trading bots, crypto rug pulls and honeypots, Ponzi schemes old and new, fraudulent trading courses, fake financial news, and social engineering tactics including deepfakes and voice cloning. It closes with a practical framework for building your own scam detection system.

For anyone who has ever encountered an “AI-powered” trading app promising guaranteed daily returns, or wondered whether a crypto opportunity shared in a private Telegram group is too good to be true, this book offers something rare: a clear-eyed, mechanically detailed explanation of exactly how these schemes work, written specifically so you don’t have to learn the hard way.

How Not to Get Scammed by AI Trading Apps by Felix Bick is available now for anyone serious about protecting their money in an increasingly AI-saturated investment landscape.

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About the contributor

Felix Bick contributes analysis on AI trading, digital currency, and wealth building for The Meridian Wire under the Polar-Tensor imprint.

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