Financial Page International

Scams & Frauds

Unfortunately, for every good Financial Services Company around, there are a raft of other Companies that portray themselves as respectable and responsible companies but are in truth, nothing short of being Fraudulent.

Add to this the fact that the Global Marketplace is awash with “Get Rich Quick” schemes, the most “Amazing Investments Ever” and of course the “Sssshhh, Don’t Tell Anyone About This Inside Information But …..” type of initial approach. Ladies and Gentlemen, allow us to tell you the single most important thing on this page of the website and that is ……

IF SOMETHING SOUNDS TOO GOOD TO BE TRUE, THIS IS USUALLY BECAUSE IT IS!!!

We have lost count of the number of times we have heard the following:

“But their web-site and literature looked so convincing” – Our Response:- it would be, because they can afford to have fine tools of their trade having scammed/conned so many people.

“They called me from Japan about this secret inside information that they could not share in Japan because of regulations, but investors from outside Japan are allowed to invest in it – 60% per year they have said” – Our Response:- if ever you get approached from a company that is approaching you from another country, ask yourself this:

How much is the call costing them?
How much will the literature cost to send you by courier?
Why are they targeting another country, is the one they live and work in not big enough?

“I met the chap on the beach in Bali, he told me he had retired and had the secret to non-lose investing. He has said that he is so good at investing that he will put in 10 times whatever I put into the next great investment idea he hears about, so he is putting his money where his mouth is” – Our response:- Ask him to call us because we would like to chat with him because we know categorically that there is no 'secret' to 'no-lose investing' - it purely and simply does not exist!

In all seriousness, there are only two types of people who lose money to scams and frauds: people who are naïve and people who are greedy: fact, if you have lost money to a scam or a fraud then you fall into one of those two categories.

How Do You Establish That An Investment Opportunity, Company or Person Approaching You is Genuine and That The Opportunity Exists?

There are a number of ways to initially disturb the Scam or Fraud - if indeed it is one. The easiest way initially when someone makes contact with you is to ask for the following:

1. A photocopy of their licence to conduct business in your country
2. Details of 3 references from other Expatriates in your country who have used this product
3. A letter from the Product Provider confirming that you are an authorized agent of that company

Now permutations of one or all of the previous three requests will usually disturb the Scam/Fraud and they will move on to another target. But in the event of them providing reasonable documentation or reasons why they cannot and yet you are not still 100% sure, then do not hesitate to Contact Us and we will most certainly conduct due diligence into their company and product on your behalf.

We also provide a Telephone Scam Checklist which our Clients have found useful to print out and leave conveniently next to the telephone. If and when they receive a call that sounds dubious, they follow the flow-chart of questions and this enables them to ascertain whether the caller and company are genuine. If you would like to download a copy of this Checklist, please click Here.

Finally, there are a number of websites around the world that actually list the latest scams and frauds and the links to these websites can be found below:

Please help us to keep our website current and functional. If you find that any of the above links are not working, please click Here and report it to the Webmaster - this will help us to maintain an efficient web presence. Thank you.