Smart Investor Malaysia

Avoiding Investment SCAMS

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What you should look out for and how to not fall for these malicious schemes.

The economic impact brought on by Covid-19 has led many people into financial distress.

Those looking for quick gains could easily fall into investment schemes that take advantage of their desperation and fears. Some of the victims might use all of their life savings or even obtain bank loans to participate in such schemes.

For the perpetrators, their goal is simple: profit from the plight of their victims. While the stealing of private information and hard-earned savings are not new, such investment schemes are regularly updated and amended so as to portray a look and feel of legitimacy.

People should educate themselves about the investments they are considering. Perhaps, start with being mindful about content and marketing scams. Here are some useful tips that help with identifying new scammer methods:

TREND #1: MARKETING GURU SCAMS […]

TREND #2: CRYPTOCURRENCY SCAMS […]

TREND #3: VIRAL FAKE NEWS THAT CAN PHISH AND USE BEHAVIOURAL TRACKING […]

[read the full article HERE ]

 

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