Investments with Great Returns
The Global Currency Arbitrage Scam, Presented as an Investment with Great ROI
If there's one thing everybody loves, it's the idea of getting rich quickly. That's why people are so prone to jump on opportunities they should probably know are too good to be true. Beware of the Global Currency Arbitrage Scam, a proposal where you're promised a high return on investment (ROI) on your initial deposit–something like 25% a month and 87% a year. Here is how it works and how to avoid it – it is very different than the Gold Investment Scam or the Foreign Investment trap, also going around these days.
Simple math would show that if you put in $10,000, you'd come out with $12,500 at the end of the month. The people who promise this ROI claim that the company is well-established. They have a reputable sounding name, too, featuring words such as "International," "Financial" and "Investments."
You're not sure how it works. The ad said something about "global currency arbitrage" and how it works, but after inquiring you receive an excellent book with information on the company. It looks pretty reputable, and they were also recommended to you by someone you trust–a friend or a coworker. How could you possibly go wrong?
Once you join, you will begin receiving periodical statements of your account. These reports will show the daily, weekly, or monthly profit – which will make you confident about your investment. You get your statement showing impressive earnings, which are growing constantly from report to report. It sounds great, right? Wrong. It is like a Forex deal done on your behalf.
Instead of pulling your money like all the other victims, you re-invest, thinking you found some golden opportunity. Unfortunately, that's just what the scammers are looking for. They use your money to pay out people who cash out and use your testimonial to get more people on board. Simply put, they rob John to pay Jack and then rob Shannon to pay John. Once the investment companies have a healthy chunk of change, often amounting to millions, they take off.
If you're already in a scheme like this, cash out as soon as possible. No boom is forever.
Global Currency Arbitrage Scam: How To Avoid
In the search engines online, write the name of the company followed by the words "fraud" or "scam". Whatever comes out will tell you if you should join or not. And anyone promising you such significant returns is almost guaranteed to be a scammer.
On the other hand, see if the company has a BBB profile page and if it has any complaints.
Global Currency Arbitrage Scam: How To Report
Make your family and friends aware of the Global Currency Arbitrage scam by sharing this article on social media using the buttons provided. You can also officially report the scammers to the Federal Trade Commission using the link below:
Report Scammers To The FTC Here
How to protect yourself more:
If you want to be the first to find out the most notorious scams every week, feel free to subscribe to the Scam Detector newsletter here. You'll receive periodical emails and we promise not to spam. Last but not least, use the Comments section below to expose other scammers.
I received this email which originated in China and is a SCAM. Since he says it’s "his job to make money" this is most likely a Phishing attempt to get mine. I report these to Spam Coop then toss them in the trash. "Hey My name is Joshua Jacobs. I am a multi-millionaire and personal financial investor for the rich and famous. I am not telling you this in order to show off or brag but to give this incredible gift for free. Why would I do this? well.. I have made more than enough money to make sure my… Read more »
In a different variation of investment scam, somebody with the name of Nadja Katharina Saleh offers consulting with access to funders and investors. She claims to have funded films for more than 150 USD Millions. It’s all a fraud. She only wants money and once you pay her she will ask more and more without delivering anything.
Mario, can you elaborate further for me so that I can investigate your claim. What evidence do you have that she is a Scammer, have you paid her money and if so how much and what did she claim she would give you in return for this money..
Dear sirs,
I would love to please change and cancel the above comment since it is not reality and is not true at all. I know Nadja Katharina Saleh personally, she is a serious and professional person, with no claims for money or for any sort of financial investment.
That comment is not fair and should be cancel inmediately!!!
Mrs Saleh is a trustworthy person and our collaboration was fair, and without any daubt,
A lawyer online with Facebook states he is a government agent. Although he des have a practice on the Fort Worth area winch I did check out. He claims that for certain fees for example $2500 I can get $350,000 grant cash sent to me. He is very persistent. He supposedly inboxes me a form with Obama stamp on it, but I noticed a typo. He states he is a Government Agent. But nothing on his bio on his business profile states he worked with Government.
Investmonth is a SCAM
We worked with Mrs Nadja Saleh since 2012, and our collaboration was accurate and highly professional. We had done a due diligence on this subject and find out, that Mrs Saleh s former company made a police report against an individuum named Mario in attempt to scam her company. We would wish there would be more detailed research before posting negative "brandings". Our team never encountered any irregulations with her or her team during our deal.
Is the freedom project a scam?
GEOSURVEY MANAGEMENT LTD IS A MASSIVE MINING JOINT VENTURE INVESTMENT SCAM.
HAS SCAM SITE WITH SUBMIT FORM.
EMAILS POTENTIAL CLIENTS WITH PRODUCTION STATEMENTS, DRILLING SAMPLES, EXECUTIVE BROCHURES ETC.LURES INVESTORS WITH HIGH DIVIDEND RETURNS. ELABORATE SCAM. PLEASE INCLUDE GEOSURVEY MANAGEMENT IN YR APP.. MANY PEOPLE B ING DEVASTATED AND SENT BANKRUPT.