Investment fraud finds its way into the news with such
regularity the people are amazed anyone falls for these kinds of schemes
anymore. They ask how millions of dollars can go unaccounted for without people
asking questions. But it is not actually that simple. Unlike the famous
Nigerian Prince scam, most investment scams do not involve a complete stranger
asking others for money.
Michael Shawn Majeed has seen awful scams like these hur the
lives and reputations of good people. But if you are educated on how these
scams can affect you and what to watch out for, then you can avoid them.
How Investment Fraud
Works
In order to know how to protect yourself from investment fraud,
you should first know what it really is and the way criminals go about scamming
others out of their investment money.
First off, investment scammers are often very cunning and great
liars. When people probe into their business dealings, they already have false
evidence of real monetary returns or they know how to redirect the investigating
party’s suspicions.
Investment fraud in many cases is instigated by friends of
investors. They tell their family and acquaintances that they can give them a
great return on their investment if only they would put their money into a
mining operation, or a stock exchange, or some other venture.
Because they are being asked by a friend or family member, many
of these people do not stop to ask questions or to probe deeper. Instead they
take the words at face value. Scammers promise returns on investments that
sound too good to be true, and the investors often do not realize that it just
might be.
A scammer will often take some of the
money invested with them and return it to the investors as proof of return on
investment. But they will never get back their full amount or the generous
returns they were promised. Mike Shawn Majeed fraud specialist has worked
numerous cases of investment fraud and seen firsthand the ways scammers will
cheat friends and family out of their money.
How to Protect Yourself
You can keep yourself safe from investment scammers with some
common sense and a little investigating of your own. Firstly, if the return on
investment sounds too good to be true, it often is.
Secondly, consider who you are investing with. Do you really
know that person? What is their track record? Check with others who have
invested with him to see if they received just a portion of their money back or
have actually seen generous returns.
Not everyone is out to get you, but you can protect yourself
from the ones who are. If you are not sure about investing your money with
someone, contact Michael Shawn Majeed to investigate them for you. With his
years of experience he can sniff out a scammer faster that most people.
You do not have to be the victim of the latest investment scam,
with a little common sense and a fraud specialist on your side. As they say,
look before you leap. Investing can be a risky, expensive business, but it can
be profitable if you just take some time to examine who you are investing with.
Look at their track record and ask questions about things that raise red flags
for you.
Remember that a real investor is not afraid to be upfront about
their business dealings and is proud of their successes.
