Yes there are risks.
* To your teeth. Even when diluted it will graduall - or not so gradually - strip the enamel off your teeth. I used it (very diluted) for only 2 or 3 months, and it really stripped the enamel off my teeth, and now they are yellow due to exposing the underlayer. I did already have poor enamel, but this finished off my enamel and gave me yellow teeth that will never ever go away.
* For persons who are allergic to molds this can be a mild to serious risk (used either internally or externally).
* Some people get a burning stomach from it. Don't use it if you've had ulcers.
If you do use it dilute it well, and drink it through a straw to lessen the damage (though it still gets around in your mouth, and even rinsing your mouth still leaves some vinegar on your teeth.
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