Investment Scams
How to make choices for unregulated investments
There are many companies out there claiming to offer investors glorious returns, the dream scenario. They lure you in with promises and assurances that you’ll get far more investing with them than with banks. While that may be true on occasion, often these investment opportunities are unregulated. What is an unregulated investment? A business must…
Read MoreHow to protect yourself in an unregulated investment
Sometimes when an investment goes wrong, you can be left feeling really isolated, powerless, and hopeless. You may think: “How can I, one individual, fight this?” But few creditors are aware of the power they can obtain simply by uniting with others – because unity is strength. So, we’re here to shed some light on…
Read MoreDue diligence, the best remedy for cons and scams
Navigating the world of investments is no mean feat. It’s almost like walking through a beautiful bazaar with lots of shiny items, and smiling vendors luring you into buying their sparkling goods. They all look good from the off, so how are you supposed to know who’s offering a good deal? Luckily, in the world…
Read MoreNavigating the world of scam investments
Trying to understand the world of investments sometimes feels like wading through a minefield. Frankly, it can be a little overwhelming. Let’s say you’re ready to invest your hard-earned cash, but don’t know where to start. The first aspect to get savvy on is scams! Get familiar with the different types. Due to technology, they…
Read MoreWhen sweet investments turn sour
Let’s set the scene. You were dazzled by a shiny investment prospect. The promise of returns were high, and the representative sold the heck out of it. Perhaps the first date (or two) of your dividend payments came around and you got paid. Great. All was going to plan. But then… Help! There’s been a…
Read MoreBernie Madoff and the lure of Ponzi Schemes
If you’re interested in savings and investments, you’ve probably heard of American fraudster Bernie Madoff, the man responsible for the world’s largest Ponzi scheme. Madoff’s insatiable appetite for money led him to coordinate an elaborate Ponzi that embezzled more than US$64 billion (£46bn). For 17 years until his arrest in 2008, Madoff conned thousands of…
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