The Standard of living appears to be getting worse with each passing day. No good job employment, bills here and there calling for our attention, family members seeking financial assistance from us etc the pressure keeps getting worse. As individuals, saddled with all of these, there is this intense desire to find freedom speedily. In our quest to find this relief, we can easily fall prey to various investment scams looting the internet. Just yesterday, my friend and coursemate opened a link in a message supposedly sent by MTN and the rest became history. You can pause to ask yourself if these things do happen. Well, the answer is a big YES. The issue of investment scams can be handled if people can spot the red flags, even though they may appear so real and irresistible. In this article, I will be showing you how you can protect yourself from these investment scams no matter how unharmful they may seem. Do not think you can't become a victim, I have seen financially intelligent people fall victim. What are Investment Scams? An investment scam is a trick fraudsters can use to trick you into committing your money to promising projects(real estate, insurance policies and corporations) that in reality do not exist. A popular example is the Ponzi investment Scheme. You are misled into believing there would be high profits. The tricksters do this by using false information for their monetary gains to your detriment if you fall prey. How To Avoid these Investment Scams. Know that there is no such thing as a no-risk investment Beware of investments that promise unreasonably huge returns with little or no risks. They also promise to yield these returns within a short period. Good things take time and are hard to produce, there are no overnight successes. The higher the returns, the larger the risks involved. Do your research Never think that these fraudsters would tell you everything there is to it. Go the extra mile to do your digging. Find out the credibility

The Standard of living appears to be getting worse with each passing day. No good job employment, bills here and there calling for our attention, family members seeking financial assistance from us etc the pressure keeps getting worse. As individuals, saddled with all of these, there is this intense desire to find freedom speedily. In our quest to find this relief, we can easily fall prey to various investment scams looting the internet. Just yesterday, my friend and coursemate opened a link in a message supposedly sent by MTN and the rest became history. You can pause to ask yourself if these things do happen. Well, the answer is a big YES. The issue of investment scams can be handled if people can spot the red flags, even though they may appear so real and irresistible. In this article, I will be showing you how you can protect yourself from these investment scams no matter how unharmful they may seem. Do not think you can't become a victim, I have seen financially intelligent people fall victim. What are Investment Scams? An investment scam is a trick fraudsters can use to trick you into committing your money to promising projects(real estate, insurance policies and corporations) that in reality do not exist. A popular example is the Ponzi investment Scheme. You are misled into believing there would be high profits. The tricksters do this by using false information for their monetary gains to your detriment if you fall prey. How To Avoid these Investment Scams. Know that there is no such thing as a no-risk investment Beware of investments that promise unreasonably huge returns with little or no risks. They also promise to yield these returns within a short period. Good things take time and are hard to produce, there are no overnight successes. The higher the returns, the larger the risks involved. Do your research Never think that these fraudsters would tell you everything there is to it. Go the extra mile to do your digging. Find out the credibility of th