Ponzi Scheme :: How can you protect Yourself?

in vincentb •  7 years ago 

Peace Steemians,

Our theme in this post regards ways to protect ourselves from fraud.

There is one simple rule for avoiding financial fraud: "If it seems too good to be true, it probably is!" When someone gives you a financial offer, are they promising something much better than anyone else? Does it seem too good? Then it may be false - a fraud. In that situation, ask a lot of questions. Investigate before you give any money. Make sure that you can trust the offer.

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Financial fraud is serious. But it would not be successful without greed. People need money, but it is possible to love money too much. Earning money takes hard work. It takes attention to the details. It is not possible to earn a lot of money with no effort.

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Financial crimes like Ponzi schemes are not always large. Much smaller financial crimes are common in many countries.

Follow @oadissin for more interesting contents

What do you think? Have you seen any financial crimes where you live? Share your comments
Thank you for reading.

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