How to spot Scams

Minimize the risk of losing your savings to scams by recognizing the different types of illegal investment schemes that are plaguing our society. Here are some typical characteristics and promises made by scams:

>> For every investment that you make, you will receive a high return, for instance, 20-30% per month, every month.

>> You are told that the offer is for a limited time and that you MUST join or buy today.

>> You receive unsolicited phone calls offering investment opportunities and you have no idea how the company has obtained your phone number.

>> You receive unsolicited e-mails asking you for your bank account number because they want to send you money.

>> You are offered an investment product that guarantees large profits with no financial risk.

>> It is hard to find any information about the company’s license or physical existence in any regulator or authority’s website.