Bonds are generally considered long-term fixed-income investments, where the principal is returned upon maturity, along with a percentage of return based on the invested amount.

However, in recent years, there has been a rise in dishonest businesses that issue bonds with no real intention of fulfilling their redemption obligations.

In many cases, there may be no direct recourse against the bond issuer. However, if you were recommended to invest in such a bond, you might have grounds to take action against the advising party.”