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How To Spot Investment Scams - Properties - Nairaland

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How To Spot A Genuine Land In Uyo / 5 Tips To Avoid Rental Scams / Real Estate Scams And How To Avoid Them (2) (3) (4)

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How To Spot Investment Scams by backspace07: 1:24pm On Apr 26, 2020
Beware of invitations to events, webinars and seminars offering the financial secrets to make you rich especially property or real estate seminars .They are usually over-hyped, over-valued and misleading .Investment seminars often do not deliver any concrete investment opportunities.The first event may be free but expect pressure to buy e-books,manuals, reports ,books and sign up for a more expensive seminars.

Another effective strategy they use is , organizing an online seminar on wealth creation for free and use someone as a decoy to persuade you that the person has made million of money using the secrets that the author is about to introduce but you have to sign up for the program and they usually fabricate stories to their justify their lies and why you need to pay. The organizer might say the actual worth is 2 million but that there is a massive discount and a special offer for only 20 people who can pay N500,000 each provided they can make full payment before the end of live webinar.A discount of 50 percent for those that make part-payment for 1 million naira during the webinar and pay the balance later.If 20 people fall for this trick, the organiser will make 20 x N500,000 =N10,000,000 on spot by just seating in front of a laptop or camera using Facebook or Instagram live.Note, they usually introduce “terms and conditions” at the end to cancel out any claim in case you want to pull out and request for a refund.You need to wonder if actually they are making huge money as they claim , will they come to the public to share their secrets for a fee?The truth is they are making a living out of organizing seminars by asking people to make payment. Billionaires like Aliko Dangote, Femi Otedola are too busy to organize conferences on wealth creation and will not come to the public to share their secrets to wealth! The only person making any money will be the seminar organizer.


Stay away from property investment seminars that promise:

to make you a millionaire within a short time
above average returns at little or no risk
risk-free investments
discounts for buying off the plan-you may never see your money
Never make any decisions about money or investment on spot.The atmosphere at these events can be exiting- but they are not designed for you to make rational decisions.

Always get a second opinion
Ask for a detailed written explanation
Ask questions and request information
Do your research on the company
Do your own checks on any investment opportunity to make sure it’s real
Always get independent financial advice before you invest
Never take any financial decision without doing a through check
Be suspicious of anyone that offers you easy money
Getting a land verification exercise at the time of purchase can save you from a lifetime tragedy.

Contact us for your land and property verification exercise today!

Mobile: +234(0)80 370 46468

Email: crystalsurveysltd@gmail.com

Visit https://crystalproperties.org/ for more articles

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Re: How To Spot Investment Scams by backspace07: 6:36pm On Apr 27, 2020
The author
Mr. Folarin N.O is a registered land surveyor in private practice with many years of experience in property matters. He dedicates his time to write about real estate issues, while using his knowledge as seasoned surveyor to aid, assist,teach, and benefit others.He believes professionals exit to serve the public and for the protection of the public’s welfare.

Tel:+234(0)8037046468

Email:crystalsurveysltd@gmail.com

Visit https://crystalproperties.org/ for more articles
Re: How To Spot Investment Scams by backspace07: 6:36pm On Apr 27, 2020
The author
Mr. Folarin N.O is a registered land surveyor in private practice with many years of experience in property matters. He dedicates his time to write about real estate issues, while using his knowledge as seasoned surveyor to aid, assist,teach, and benefit others.He believes professionals exit to serve the public and for the protection of the public’s welfare.

Tel:+234(0)8037046468

Email:crystalsurveysltd@gmail.com

Visit https://crystalproperties.org/ for more articles

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