Fraud Prevention

How to Spot an Investment Scam: 10 Red Flags to Watch For

Investment scams are becoming increasingly sophisticated. In 2025 alone, consumers worldwide lost over $4.6 billion to investment fraud. Here are the key warning signs every investor should know.

1. Guaranteed Returns

No legitimate investment can guarantee returns. If someone promises you'll "definitely" earn 20% monthly with zero risk, walk away immediately. All investments carry some level of risk, and anyone who tells you otherwise is lying.

2. Pressure to Act Quickly

Scammers create artificial urgency: "This offer expires today!" or "Only 3 spots left!" Legitimate investment opportunities don't evaporate overnight. Take your time to research.

3. Unlicensed Sellers

Always verify that the person or firm offering investments is registered with relevant regulators like the FCA (UK), SEC (US), or ASIC (Australia). Our regulatory warnings page tracks firms flagged by regulators.

4. Complex or Secretive Strategy

If you can't understand how the investment works after a reasonable explanation, that's a red flag. Scammers often use complexity to confuse victims.

5. Unregistered Investments

Most legitimate securities must be registered. Check databases like the SEC's EDGAR or FCA's Financial Services Register.

6. Celebrity Endorsements

Fake celebrity endorsements are rampant in crypto and forex scams. Always verify directly through official channels.

7. No Written Information

Legitimate investments always come with prospectuses, fact sheets, and other documentation. If they can't provide written details, it's a scam.

8. Difficulty Receiving Payments

If you can invest easily but face barriers when withdrawing, this is a classic Ponzi scheme indicator.

9. Offshore and Untraceable

Scammers often operate from jurisdictions with weak regulation. Be extra cautious with firms based in obscure locations.

10. Too Good Social Proof

Fake testimonials, fabricated reviews, and purchased social media followers are common tactics. Always cross-reference reviews across multiple platforms.

What To Do If You Suspect a Scam

Report it to your local financial regulator immediately. In the UK, contact the FCA. In the US, file a complaint with the SEC or FINRA. The sooner you report, the more likely authorities can take action.

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