It seems that interviews about a person’s financial success have been a regular segment in the papers. Question and answer about their success and downfall in the investment world would always be catchy to our eyes. Of course, the answer to success would always be the interviewees’ business, but today it is not because an unknown business success has surfaced. We are talking about a guaranteed return of at least US$100 a day from a capital of US$7,000. How true is that? Now, we wonder how possible it is to earn this much. Where would we invest our money with a daily return? I would really like to do a bit of investigation myself to prove some important points.
I started entering a few keywords that would link me to my puzzling thoughts. It was a bit tricky because some search engines do not match my keywords. I finally found it through yahoo. There was so much unprofessional evidence in the website. They filled their site with photos of gold being mined and some precious metals being processed. The company clearly wants to show potential gold sellers that they are legitimate through information about mining in Africa. Unfortunately, with all of these details for show, no information on return of investment was there.
How about the CEO? This came up next in my mini investigation. What alarmed me was that there were no matches with the company stated by the CEO and the company he was supposed to be working for. The CEO’s information and important details were not on the web as well.
Public social networks were not exempted on the list. Some illegitimate companies post their fraudulent business advertisements here as well. One is in a foreign language I don’t understand but there were photos of supposed to be “investment portfolio”. The dividend shown per day is at almost 2%. Now who wouldn’t want to have that? But is there really a sure investment such as this?
The media has always been filled with reports like these- success stories of businessmen putting quite a huge amount of money in unknown investments. Even gold for cash traders are added to this roll. Like many, interested investors still opt to gamble without listening to advices and warnings, thus being victims to gold for cash scams.
Sometimes because of the daily news, more people would fall on the hands of the scammers. Advertising articles that talk about successful investments only add up to the many victims that have lost a great amount of fortune. In a few countries, one still has to wait for more scammed targets before being able to take action. Unfortunately, it is not always a fact that an investor has that amount of money to pay for legal services.