How To Spot A Scam? Avoid Getting Scammed!

​Millions of people worldwide have fallen for the scam. Don't fall for get-rich-quick schemes. It takes time and effort to build wealth properly.

​Who wouldn't want to have a high rate of interest? Who doesn't want to have a huge return on investment? Building wealth takes time, prudence, and patience. There is no magic pill. Remember, there's no such thing as an overnight success.

So what are the signs of a scam? How can you protect yourself?

Signs of Scam

• You've been told of winning a lottery or raffle that you did not join.
• You are told to act immediately or lose the opportunity.
• You've been selected to receive a special offer, incentives or free gifts.
• You must pay for the shipping of your prize or free gift.
• Guarantee 100% You've been promised a risk-free or 100% guaranteed return on investment.
• You've been asked to give your personal information such as bank account information, credit card numbers, PIN and passwords.
• The institution provides no written records or information
• The institution is not registered with or is not regulated by any regulating body.
• You were provided only with a mobile number as a contact information.
• The offer provides testimonials that you have no way of checking out.​

How to Protect Yourself from Scam or Fraud
​

• Inform yourself; you are responsible for your investment.
• Deal only with licensed and reputable people.
• Visit their offices
• Ask for documentation (business permits, licenses, etc.)
• Ask for receipts.
• Verify if returns promised are possible.
• Know the investment risks.
• Understand how the business work and how they earn money.
• If it's just too good to be true. Turn around and walk away.