Investment fraud comes in many forms.
Here are 6 tips to avoid being a victim of investment fraud:
Research a company thoroughly before you invest.
- Be cautious of unsolicited offers
If you can’t find any information on the company giving you an unsolicited offer, steer clear!
- Always ask questions
Ask where you can find more information, and ask about the investment strategy.
- Make confirmations
Confirm who the auditor and custodians are and that they have a good reputation.
- Avoid sending money fast
Fraudsters will try to pressure you into sending money right away. Take your time!
- Limit investments
Limiting the amount of money you’re investing at once can limit the amount lost if something goes wrong.
The bottom line is, always be cautious and do your research before investing!