The bottom line?Â
Do your research and always protect yourself.
Know your escape routes and trust your gut if something doesn’t feel right.Â
Check the legitimacy of companies in question:Â
- Contact your state AG office or the AG of the state where the business is located.
- Check with the BBB (Better Business Bureau). They have a Scam Tracker that might be super useful.Â
Remember: a lack of complaints doesn’t mean it’s not a scam. If you feel you’re being taken advantage of, ask for your money back. If they refuse a refund, contact the AG and provide any relevant correspondence.
When you are presented with a business opportunity, be cautious and move slowly through their onboarding process. If you’re being pressured to make a quick decision, err on the side of caution and say no.
Keep an eye out for these warning signs and protect your investments.Â