How to recognize a ponzi scheme

Every year thousands of people lose their hard-end money to investment scams. 

If you have never been scammed, we wrote this letter for you. If you have, keep reading, you will learn a few pointers that will help you avoid investment scams in the future.

Here are a few red flags to look out for so you don’t fall prey to scammers:

  1. They promise abnormally high returns within a short period. If it’s too good to be true, there’s a great chance that it is a scam. Run
  2. You don’t understand what they are investing your money in, or how they are investing. If you can’t explain it, don’t put your money into it.
  3. It comes with a guarantee of consistent returns without risk. That’s a scam. There is no such thing as a risk-free investment.
  4. You are pressured into reinvesting or finding new investors at the end of every “cycle”. Watch out, that’s a red flag.  
  5. They do not disclose their government-licensed securities and regulations. If they can’t provide concrete evidence linked to the SEC, don’t invest.

If you found these tips helpful, tap “Forward” to share with a friend.

Till next week 👋🏽

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