They make you think you are on to a smart investment…
Common investment scams may include lucrative investment opportunities such as shares, bonds, cryptocurrencies, rare metals, overseas land investments or alternative energy.
What are the signs?
- You receive an unsolicited call, repeatedly.
- You are promised quick returns and assured that the investment is safe.
- The offer is only available for limited time.
- The offer is only available to you and you are asked not to share it.
What can you do?
- Always get impartial financial advice before you hand over any money or make an investment.
- Reject cold calls related to investment opportunities.
- Be suspicious of offers promising a safe investment, guaranteed returns and large profits.
- Beware of future scams. If you have already invested in a scam, fraudsters are likely to target you again or sell your details to other criminals.
- Contact the police if you are suspicious.
… or present you with a great online offer!
Consumers and businesses are increasingly buying and selling online. Online deals are often a good buy, but beware of scams.
What can you do?
- Use domestic retail websites when possible – it will be more likely that you can sort out any problems.
- Do your research – check reviews before buying.
- Use credit cards – you have more chances of getting you money back.
- Pay only by using a secure payment service. Are they asking for a money transfer service or a wire transfer? Think twice!
- Pay only when connected to a secure internet connection – avoid using free or open public Wi-Fi.
- Pay only on a safe device. Keep your operating system and security software up to date.
- Beware of ads offering outrageous deals or miracle products. If it sounds too good to be true, it probably is!
- A pop-up ad stating you have won a prize? Think twice, you might just win malware.
- If the product doesn’t arrive, contact the seller. If there is no answer, contact your bank.
- Always report any suspected fraud attempt to the police, even if you did not fall victim to the scam.