Hello there,
If you are convinced that the investment is a scam and that the shares are now worthless, you can report the loss in the "Investment Income Section" in TurboTax.
The link below explains the steps you need to take in TurboTax:
https://ttlc.intuit.com/community/taxes/discussion/how-do-i-enter-long-term-worthless-stock-losses-w...
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