Beware Of Investment Scam That Promise A High Return

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It doesn’t matter what the global economy is doing there are people out there who are trying to scam money from those who are way too trustworthy.

As the following video shows those more susceptible to scams are the elderly because of their more trusting nature. Perhaps they trust in these phone insurance salesmen and other rip off merchants because they’ve come to a time in their life where they just don’t want to make the effort of checking up on them.

The scum in this video that perpetuated the scam was a man called Virgil Womack. The good news is that they finally caught the scum but unfortunately not everyone got their money back.

Take note, there are scams everywhere and if it sounds too good to be true it probably is. Before investing any money it’s probably best to check with your accountant or business adviser first. At the very least your bank manager. Never ever get sucked in by the hype and never fall for the it’s now or never line. Better never than take the chance of losing your life’s saving.

If you have an interest in this topic you may like to grab a hold of this book Investor Alert: How to Protect Your Money from Schemes, Scams, and Frauds


This Post Has 4 Comments

  1. Aaron Fuller

    I don’t believe in easy money. You really need to work in order to earn money. People consider those who want to earn money easily as greedy people. That’s why they getting a negative result than to earn huge amoung of money.

    1. Sire

      They’re not greedy, just lazy.

      1. James Fulton

        I completely agree with you sire, they are not greedy,most of them are lazy people who likes to earn money with out any hard work,but most of the time it fails as the business is something we have to start from the scratch where we are strong enough to run it…

        James

        1. BS Artist

          Yeah, except their not running a true business, their just trying to rip people off.

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