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4 Ways To Avoid Investment Scams/fraud - Investment - Nairaland

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4 Ways To Avoid Investment Scams/fraud by Fxmanager(m): 8:05pm On Jul 18, 2017
4 ways to avoid investment scams

1. Seek the advise of a financial advisor
Be careful of unsolicited investment opportunities – over the phone, online or from acquaintances. Before you invest, get an advise from a registered, qualified advisor, a lawyer or an accountant. You can also do your own digging as some financial advisors for selfish reasons might discourage you from good investment as the earned large commissions by recommending products which is not in your own best interest, but theirs. Example are banks recommending fixed deposit for you instead of treasury bills which pays better interest, or recommending treasury bills instead of currency trading in the hands of a Seasoned Currency Analyst and Traders as in the post in this link https://www.nairaland.com/5662838/citadel-forex-fund-management-trading

2. Check their registration
Generally, financial service provider must be registered with their country’s financial market regulators. Check registration through the country’s financial regulatory bodies as the regulatory bodies do monitor and audit any financial service provider registered through them for cases of fraud or mismanagement of clients /investors funds.
Any investment program promoted in this forum that is not licensed and regulated by their country’s recognized regulatory bodies, you are on your own if you put your money in them. At least we are working with a licensed and regulated financial firm to setup an investment program in the currency market with a target of average 5%+ monthly return to our investors. Visit the nairaland link in this article to see our performance statistics.

3. Take all the time you need
Be suspicious of time-limited offers and high-pressure investment promoters. If the investment is legitimate, you should not have to invest on the spot. Take the time you need to make an informed decision.

4. Conduct a background check on the investment
Before you make any investment, you need to understand how it works, the risks involve and any fees. Ensure that it fits with your financial goals, risk tolerance and your other investments.

1 Like

Re: 4 Ways To Avoid Investment Scams/fraud by Fxmanager(m): 10:31pm On Jul 19, 2017
Please add your own. Let us join hands to clean this forum free of scammers and fraudsters
Re: 4 Ways To Avoid Investment Scams/fraud by Fxmanager(m): 10:35am On Jul 21, 2017
Add yours
Re: 4 Ways To Avoid Investment Scams/fraud by Seewealth(m): 6:23pm On Jul 28, 2017
Add yours

take as much time ass u need and also consider testimonials fro members but in all be driven to make cash
Re: 4 Ways To Avoid Investment Scams/fraud by Dramadiddy(m): 1:18am On Aug 22, 2017
always make payments through certified gateways
Re: 4 Ways To Avoid Investment Scams/fraud by judechidubem: 7:11pm On Dec 01, 2017
Pls I want to join whatsapp group for forex trading

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