How to know scam investment scheme

Augusta

VIP Contributor
When it comes to investment especially online, there are varieties of them both the real and fake ones. But it can be saddening when one’s hard-earned money goes to the drain because of fake investment schemes. The following are the ways to quickly sense fake investment schemes

  • The commission stated is to be paid almost immediately
  • No tangible ways of the creator going to make extra money,it almost about robbing peter to pay Paul. There must always be a upline and downline
  • You are told to invest your spare cash, or invest what you can easily lose. This doesn’t sound like a profitable investment
  • The site is always have a huge downtime, sometimes the site just vanish for hours
How else do you know a scam investment scheme?
 

Chibson

VIP Contributor
It baffles me that a lot of people still fall for this kind of scam in 2021. I remember when a Ponzi scheme called mmm scammed a lot of Nigeria has some years ago but what's still baffles me that is that there are also other schemes coming out everyday scamming Nigeria is also after hearing the story of what others. There is another on that ran away with people's money called racksterli. People need to be careful.
 
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Augusta

VIP Contributor
It baffles me that a lot of people still fall for this kind of scam in 2021. I remember when a Ponzi scheme called mmm scammed a lot of Nigeria has some years ago but what's still baffles me that is that there are also other schemes coming out everyday scamming Nigeria is also after hearing the story of what others. There is another on that ran away with people's money called racksterli. People need to be careful.
Yeah mmm that year a lot of adults I know cried alot during that period. But the funny thing is that another scheme was out the next year and everyone of them troop there again. People never learn and you begin to wonder whether it just about greed or what. I don't get
 
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sincerem

VIP Contributor
When you see project built for fraudulent activities you'll surely know cos they're simply promising high tons of money when you deposit some amount of money. The kind of money they offering, even crypto trading profit aren't on its match with just minimal amount of deposit needed and you'll be on the receiving end of making money from them. That's futile, their is no such amount of money to be given out by them.
 
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Augusta

VIP Contributor
When you see project built for fraudulent activities you'll surely know cos they're simply promising high tons of money when you deposit some amount of money. The kind of money they offering, even crypto trading profit aren't on its match with just minimal amount of deposit needed and you'll be on the receiving end of making money from them. That's futile, their is no such amount of money to be given out by them.
You are right and I keep wondering how people believe such bogus claims to invest in them. For me when once an investment dividend is too good to be true. I’m off it for good because I know the actor is a fraudulent one. High profits promised on investment are mostly scams
 
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sincerem

VIP Contributor
You are right and I keep wondering how people believe such bogus claims to invest in them. For me when once an investment dividend is too good to be true. I’m off it for good because I know the actor is a fraudulent one. High profits promised on investment are mostly scams
You're there. Those talks are sweet talks to persuade the investor to invest his or her hard earned finance to the ponzi scheme.

If the person falls into such tricks that's the end of the money. I've been tempted a lot by that, but due to the fact I've gotten about them I didn't fall. Money isn't planted like a tree we mist show working to earn it.
 
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Chibson

VIP Contributor
Yeah mmm that year a lot of adults I know cried alot during that period. But the funny thing is that another scheme was out the next year and everyone of them troop there again. People never learn and you begin to wonder whether it just about greed or what. I don't get
It was surprising that a lot of people still very fell for same scheme over and over again. I can't really remember the beginning of this year my friend was pressurizing me to join a Ponzi scheme known as mybonus and after some weeks he started crying that they have taken away his money and of course I thank God I didn't join in.
 
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Augusta

VIP Contributor
It was surprising that a lot of people still very fell for same scheme over and over again. I can't really remember the beginning of this year my friend was pressurizing me to join a Ponzi scheme known as mybonus and after some weeks he started crying that they have taken away his money and of course I thank God I didn't join in.
Sometimes I wonder why people don’t learn. These ponzi schemes come out yearly with new names and people still falls for it. It really appalling that people allow others to take their hard-earned money just like that. Good that you didn’t succumb to such and lose your money in the process
 
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Chibson

VIP Contributor
Sometimes I wonder why people don’t learn. These ponzi schemes come out yearly with new names and people still falls for it. It really appalling that people allow others to take their hard-earned money just like that. Good that you didn’t succumb to such and lose your money in the process
I was planning to join the platform a week before is closure and of course I was already planning on how to start making a lot of money from it. The people that usually benefit from such Ponzi schemes are those who venture into it very early.
 
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Augusta

VIP Contributor
I was planning to join the platform a week before is closure and of course I was already planning on how to start making a lot of money from it. The people that usually benefit from such Ponzi schemes are those who venture into it very early.
Yes, the organizers are criminal minded so they know what will lure more people. So they start by using even their personal money to pay the early birds this will drag people out to invest. Boom, the strike and run along with investors money. People just need to know this and avoid them
 
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Alexandoy

VIP Contributor
My rule of thumb when it comes to investment is to check on the yield. When the yield is too good to be true then most likely it is not true. How can an investment program make you earn 20% every month? That is too good to be true just like magic. We should always be relying on our logic to check those investment schemes.
 
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Augusta

VIP Contributor
My rule of thumb when it comes to investment is to check on the yield. When the yield is too good to be true then most likely it is not true. How can an investment program make you earn 20% every month? That is too good to be true just like magic. We should always be relying on our logic to check those investment schemes.
That's right anything too good to be true whether online or offline needs a recheck. But I still wonder why people still falls for this could it be greed or outright ignorance I really do wonder why it is so.Anyways we just have to be very careful of some investment schemes
 
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Josemendez

Valued Contributor
The fact is that most of these scam site can be detected easily at first instant. One just need to examine the site method of operation , determine what they do and how feasible is the promise they are making.
Most times it is greed that makes people to fall to these scams . Their need to earn quick profit within a short period of time makes them to fall to cheap deceit.
 
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AmaliaTG

Verified member
When it comes to investment especially online, there are varieties of them both the real and fake ones. But it can be saddening when one’s hard-earned money goes to the drain because of fake investment schemes. The following are the ways to quickly sense fake investment schemes

  • The commission stated is to be paid almost immediately
  • No tangible ways of the creator going to make extra money,it almost about robbing peter to pay Paul. There must always be a upline and downline
  • You are told to invest your spare cash, or invest what you can easily lose. This doesn’t sound like a profitable investment
  • The site is always have a huge downtime, sometimes the site just vanish for hours
How else do you know a scam investment scheme?
Yes you are right about all this scam characters. However, there are sites where there is upline and downline but the site is still Legit upto now in my country and it's been in existence since 2015. So it's 6 years old and I joined in 2018 and made $1200 in a period of 3 months and upto now that site is still alive and kicking. Although I stopped working for it since I have a tight schedule but the site is good. So not all the downline and upline sites can be scam, but majority are just like you've said but it's always to an individual to distinguish and access closely to see if it's a scam or not.
 
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Augusta

VIP Contributor
Yes you are right about all this scam characters. However, there are sites where there is upline and downline but the site is still Legit upto now in my country and it's been in existence since 2015. So it's 6 years old and I joined in 2018 and made $1200 in a period of 3 months and upto now that site is still alive and kicking. Although I stopped working for it since I have a tight schedule but the site is good. So not all the downline and upline sites can be scam, but majority are just like you've said but it's always to an individual to distinguish and access closely to see if it's a scam or not.
yeah, it is not all that is scamming but most of them are scam sites especially those that the claims are too good to be true. People need to be aware and avoid these sites. Any site that claims to double money in hours will soon run along with people’s money
 
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Mika

Valued Contributor
There is this one simple way to determine whether the investment scheme is a scam or genuine. You need to see where they are investing, or let where they are putting your money. You need to check whether they have actually invested in something that they claim. Let say the company claims to invest in bitcoin mining, you need to check where their mining farm is located.
 
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Augusta

VIP Contributor
There is this one simple way to determine whether the investment scheme is a scam or genuine. You need to see where they are investing, or let where they are putting your money. You need to check whether they have actually invested in something that they claim. Let say the company claims to invest in bitcoin mining, you need to check where their mining farm is located.
You are right this is one great way to Know this.one need to look at their claims critically and make a research on that to find out if it is really true. When you can't find anything true about the claim it is time to move on and totally forget about them
 
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