Thursday, November 1, 2018

INVESTMENT RELATED FRAUDS




From Cyprus Police:

Investment-related frauds may include profitable, investment opportunities, such as stocks, bonds, cryprobes, precious stones, offshore real estate investments, and alternative energy sources.

What are the indications? 
You are repeatedly receiving unannounced / unexpected telephone calls.
They promise quick returns and assure you that the investments are secure.
The offer is available for a limited time. 
The offer is personal and you are asked not to share it with others. 

What can you do; 
In any case, get impartial financial advice before you give money or make an investment. 

Discard phone calls related to investment opportunities. 

Be cautious with offers that promise secure investment, guaranteed returns and high profits. 

- Beware of future fraud cases. If you have already invested in a fraudulent product, it is highly likely that fraudsters will target you again or sell your personal information to other criminals. 

Contact the Police if you suspect a fraud case 

... Or internet shopping scams Online  
offers are often profitable markets, but special attention needs to be paid to fraud cases. 

What can you do; Use home-based retail websites wherever possible - you are more likely to solve any problems that may arise. -


Do your research - check the reviews before making a purchase. 

Use credit cards - you are more likely to be refunded in case of fraud. 

Pay only through a secure payment service - Are you requesting a transfer of money? Think twice! 

Pay only if you are connected to the internet via secure connections - avoid using free or open WiFi public networks. 

Pay only through a secure device - Maintain your operating system and security software up to date. 

- Beware of ads that offer outrageous offers or miraculous products - If it sounds too good to be true, then it's probably fake! 

popup window that claims to have won a prize? Think about it again. You may have earned malware. 

If you do not receive your product, please contact the merchant / seller. If you do not receive a response, contact your co-operation bank.

Always report any suspected fraud attempt at the Police, even if you are not a victim of it.