Investment Frauds

What steps to avoid investment frauds?

I see too many investors who might have avoided trouble and investment frauds if they had asked basic questions from the start. It doesn’t matter if you are a beginner or have been investing for many years, it’s never too early or too late to start asking questions.

Fraudsters are counting on you not to investigate before you invest. It is not enough to ask for more information or for references. Take the time to do your own independent research. Whether you are a first-time investor or have been investing for many years, there are some basic questions you should always ask before you commit your hard-earned money to an investment.

The problem with fraud, however, is that you can never eliminate it. Crooks are well organized and are continually reinventing themselves and the scams they purvey. The best hoped for results can only be to manage the fraud down to a low level and keep it there.

What is a consumer to do to protect him or her self?
Your first line of defense is awareness, which you must acquire on your own, hopefully not through fraudulent experiences.

There is no fool-proof strategy to avoid investor fraud, but there are a number of approaches investors can take to minimize the risk of an outside manager using his, or her, hard-earned funds improperly.

There are too many investors who might have avoided investment frauds and losses if they had asked questions from the start and verified the answers with information from independent sources.

When you consider your next investment opportunity, start with these five questions:

• Is the seller licensed?
• Is the investment registered?
• How do the risks compare with the potential rewards?
• Do I understand the investment?
• Where can I turn for help?

If you have been scammed by a forex company we will do everything in our power to help you to get your money back.

For any further information please do not hesitate to contact info@boccadutri.com

You can read about our forex team here.