As the influence of the internet rises, so does the prevalence of online scams. There are fraudsters making all kinds of claims to trap victims online – from fake investment opportunities to online stores – and the internet allows them to operate from any part of the world with anonymity. The ability to spot online scams is an important skill to have as the virtual world is increasingly becoming a part of every facet of our lives. The below tips will help you identify the signs which can indicate that a website could be a scam.
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Broker Complaint Registry Review; How to Spot a Scam
Every year thousands of people lose millions of dollars to investment fraud. One conservative estimate is that one in 10 investors will be victimized at some point in their lives, and seniors are targeted more often than younger people.1 The number and sophistication of investment scams is ever-growing – but by maintaining a healthy dose of skepticism and training yourself to spot some common red flags, you may be able to protect yourself and your loved ones from becoming victims.
Be skeptical if investment opportunities come with any of the following features:
- Guaranteed high returns
- Low or no risks
- Invitations to join exclusive investment organizations
- The ability to “get in on the ground floor”
- Claims of breakthrough technologies
- Penny stocks
- Seminars, free meals or travel offers
Can Broker Complaint Registry be Trusted?
To create Broker Complaint Registry review we checked Brokercomplaintregistry reputation at lots of sites, including Siteadvisor and TrustPilot. Unfortunately, we did not find sufficient information whether Brokercomplaintregistry is totally safe or does not look fraudulent. We would describe it as legit.
Please be warned that to describe security status of Brokercomplaintregistry.com we use data openly available on the Web, thus we cannot guarantee that no scam sites might have been mistakenly considered legit and no fraud or PC issues may occur in this regard. But usually the crowdsourced data we have is pretty accurate.
Other ways to protect yourself
- Never act on an unsolicited offer to buy any online trading or investment product.
- Keep your financial information to yourself: Never share account numbers, user names, logins, passwords or personal identification numbers.
- Keep your assets at a reputable firm.
- Never invest in a product you don’t understand.
- Ask questions about costs and risk, and ask for responses in writing.
- Verify what you’re told with a trusted advisor or friend.
- Ask, and consider, what’s in it for the seller.
Above all, remember the old axiom: If it sounds too good to be true, it probably is.
Recommendation: Have you lost money to investment scam? Visit – www.brokercomplaintalert.com to recover your lost funds.