December 16, 2019

Beat Investment Fraud, this Christmas!

In December, the TTSEC launched a media campaign aimed at generating public awareness about: The different types of investment fraud perpetrated against vulnerable persons; The warning signs; and How to protect against falling victim to such scams. The intent is to help protect investors by providing information on the different types of investment scams and the associated warning signs.     An investment scam can take many forms and can be executed by anyone. In this article, we aim to […]
December 4, 2018

Identifying Affinity Fraud- Part 2

How do you protect yourself from Affinity Fraud? The best way to protect yourself from any kind of financial scam or fraud is to become an informed investor. Basically the more we know, the better we are able to identify fraudulent activity and avoid being a victim. We are also better positioned to help others make more informed decisions.   Here are some tips that we really want you to tell everyone: Ask questions and get the facts about any […]
November 28, 2017

This Christmas Be a Scam Spotter

Every year thousands of people all over the world lose millions of dollars due to investment scams. The internet and advances in digital communications increase the prevalence of these scams and also make them harder to track and identify. Thankfully there are some warning signs that you can look out for, in order to avoid falling victim to scammers. But first let’s clearly define an investment scam.   What is an investment scam? Investment scams basically aim to get unsuspecting […]
October 10, 2016

Don’t become the next victim of Affinity Fraud

Fraudsters come in all shapes and sizes, but there are a few con artists who integrate themselves into your community, or religious, professional or social group, like ‘a thief in the night’, and influence your leaders, and by extension your peers, to invest in a fake investment. At the time you do not realise that the “investment” is actually a scam, and you subsequently become unwitting victims of the fraud.  These fraudsters exploit the trust and friendship that exist in […]