Common investment scams may include lucrative investment opportunities such as shares, bonds, cryptocurrencies, rare metals, overseas land investments or alternative energy.
What are the signs?
- You receive an unsolicited call, repeatedly.
- You are promised quick returns and assured that the investment is safe.
- The offer is only available for limited time.
- The offer is only available to you and you are asked not to share it.
What you can do?
- Always get impartial financial advice before you hand over any money or make an investment.
- Reject cold calls related to investment opportunities.
- Be suspicious of offers promising a safe investment, guaranteed returns and large profits.
- Beware of future scams. If you have already invested in a scam, fraudsters are likely to target you again or sell your details to other criminals.
- Report actual or attempted fraud to Police if you suspect a fraud case