The survival of any Ponzi scheme is dependent on its ability to continually attract new investors. Without an ongoing stream of new investors, the promoter is unable to pay the previous investors, and the whole scheme will unravel.
The most obvious sign of any fraudulent investment scheme is the promise of abnormally high investment returns. While Ponzi schemes may take a variety of forms, they all follow the same intrinsic theme: investors are promised they will make a
When receiving an email, check the spelling carefully. Often an email appears to come from a well-known company but if you look closely at the email address there is one digit that has been subtly changed.
Any investment that promises returns that are greater than what investment markets are able generate should immediately sound alarm bells. If the investment promises to double or triple your money in a short period of time, this should be immediate
Because women generally live longer than men, there is a very real chance that women will find themselves living alone for a period in their retirement, and this needs to be accounted for in one’s retirement plan.
Spending money before you actually receive it can place you in a financially precarious position. Whether you’ve sold your house, been promised a bonus or cashed in a policy, wait until the money is safely in your bank account before
Here are our top 10 tips to ensure that your budget doesn’t go on holiday this festive season!