Watch out for these fake investment scams that are trying to steal your money !

Watch out for these fake investment scams that are trying to steal your money !

Attention, beware of fraudulent investment schemes that can cost you dearly. Scams involving fake investments are still rampant online, and it's crucial to stay vigilant.

A few weeks ago, the magazine "60 Million Consumers" sounded the alarm. They spotted countless advertisements for false investment offers on the Facebook and other social networks. Since then, the problem has not improved, and these scams are widely present online.

Recently, there has been a surge in advertisements on platforms like Facebook promoting fake investment opportunities. These ads often promise high returns on savings accounts or other financial products, but they're nothing more than scams designed to steal your money. Unfortunately, these offers are too good to be true. By clicking on the links you will be asked to fill out a form providing your personal information. Subsequently, a fake advisor calls you to seal the deal. The result, your subscription was made on a fake website that perfectly imitates legitimate financial companies, and your money has been taken.

The question remains, how can these adverts that steal the identities of companies end up on social networks? "60 Million Consumers" directly asked Facebook this question, and they responded by referring to their advertising standards page for advertisers. It mentions that promotions that deceive users are strictly prohibited.

If you come across such ads, it's essential to report them immediately. In the UK, you can report fraudulent activity to Action Fraud, the national fraud and cybercrime reporting center. In the US, you can report to the Federal Trade Commission (FTC) or the Securities and Exchange Commission (SEC).

If you've fallen victim to an online investment scam, don't panic. Take steps to protect yourself by filing a complaint with the relevant authorities. In the UK, you can file a report with Action Fraud online. In the US, you can report to the FTC or SEC through their respective websites. Gathering evidence is crucial for building a case against scammers. Be sure to document all communication with the fraudulent company, including emails, phone calls, and website interactions. Keep records of any financial transactions or investments made, as well as any documents that may help in the investigation.

Remember, it's always better to be cautious and verify the legitimacy of any investment opportunity before committing your money. If an offer seems too good to be true, it probably is. Stay informed, stay vigilant, and protect yourself from investment scams.