LIST: Online Investment Scams You Should Be Careful Against

Awareness About Online Investment Scams Helps A Lot

ONLINE INVESTMENT SCAMS – Are you also planning to invest your money on something online so as to earn more?

Many of us want our savings not to be stuck in the bank or in the penny bank. Often, many turn to invest their money in a business, in a deal, or in any other things where there is a chance of making it grow.

While it is a wise choice to be in the pursuit of making your savings grow, it is also important to be very cautious with regards to investing it. There are several instances wherein people lost their savings after they were personally or online.

Awareness about the different online investment scams could really help. It does not only keep you away from getting victimized and losing your hard-earned money. It also narrows your options for investment and there is a higher chance of making the best choice.

Based on Moneymax.ph, there are different kinds of online investment scams that people should beware of. Here is a list of them:

1. Online Paluwagan Scam 

Many people who engaged in “paluwagan” claimed that they were not able to get their money back. Beware of the following alleged Onpal Investment Scams:

• 2DO Marketing Services
• Building Bridge
• Cone Weekly Investment
• Donatos Team Gig
• Elite Savers Club
• Exclusive Circle of Earners
• Extreme Hataw Enterprises
• GBS New Hope
• GBS Trust Traders
• G-Funds
• Lover’s Profit Sharing
• Old TBC
• Onpal Adhoc
• Original Team Angels
• Power7 M2G
• Real Team Angel International
• Red Packet
• Return of the Comeback Team Angels Internationals
• Road to Stockmarket/Dream Builders RTSM 2
• Rosca Money’s Worth Onpal
• Share Ko Profit Ko
• Steady Money Onpal
• SUTM & BOJ
• Swift Earners Guild
• Team Amazing Grace
• Team Donatos
• Warriors Team Onpal
• Whilmz International Online Paluwagan
• Whilmz Team International
• Team Warriors
• Xplosion

2. Bitcoin Investment Scams

According to Moneymax, Bitcoin scams gather people with their promise of up to 200% money return. Most of them got pyramid-style operations wherein the “uplines” are getting money through the new members.

Here is a list of the alleged Bitcoin Investment Scams:

• All Pal for All Seasons
• Coin-Option.com
• CMT (Coins and Mining Trading)
• Digital Coin Trading
• ExpertTrading
• Freedom Traders Club
• Gener8X
• IronTrading (Team Bangon)
• Krops
• Lucky Coins
• Miner’s Investment Group
• NewG
• OneCash
• Paid2Prosper
• PSO (PSOPOWER Apps)
• Smart Capital
• TradeConnect

3. Paid-to-Click Programs

Based on the article, Paid-to-Click scams are running like the Bitcoin Investment Scams’ style. The first investors are earning “fake profits” which are actually the money coming from new investors.

4. Fake Online Lending Companies

Scammers claim that are running a legit online lending business and you would earn a profit by lending money to them. They might disappear after getting your money.

5. Stock Trading Scams

There are stock trading companies that are not legit. Based on the article, they attract investors and make them register for an online account to begin with offshore investment. However, they are not registered with the Securities and Exchange Commission (SEC).

Based on the article, beware of Financial.Org and Paysmart Limited Philippines as the SEC has previously warned.

What do you think about it?
Read also the previous article: BSP Warns Public Against New Scam Using Fake Documents
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