This is how you can identify a pyramid or Internet scam
“ It is a safe investment, there is no loss ”, “ you will earn quickly ”, “ bring friends and you will also earn for them ”. Have you ever heard those phrases from people, friends or relatives who offer a great deal? On the Internet there are also offers with juicy investment profits. Be very careful, it could be a financial pyramid or an Internet scam.
What is a pyramid scam?
A pyramid scheme is a type of fraud in which the participants themselves must make it grow through the creation of a network in which they attract new participants with the aim that the new ones produce benefits for the original participants, but a when it becomes unsustainable.
“This is a hidden scam about a supposed business, which does not do any real business. It uses those who participate and at some point it explodes, harming those who are below. Clae was a financial pyramid, just like the Loom of Dreams”, explains Jorge Carrillo Acosta, the finance specialist at the Pacífico Business School.
The expert warns that offers of easy, safe and honest money should be distrusted because it is difficult. For this reason, he gave some recommendations so that he does not let himself be dazzled.
HOW TO DETECT A PYRAMID OR INTERNET INVESTMENT SCAM?
Here are some tips for identifying a pyramid or Internet scam.
WHAT ARE THE CHARACTERISTICS OF A PYRAMID OR INTERNET INVESTMENT SCAM?
These are some characteristics that can indicate that it is a scam:
HOW CAN I AVOID BEING A VICTIM OF FINANCIAL INFORMALITY?
In order not to be a victim of financial informality, follow these recommendations:
IS THE SAME A MARKETING NETWORK OR A FINANCIAL PYRAMID?
Is not the same. Network marketing, such as the sale of beauty products or food supplements, for example, is a legal business; while the pyramids is a multilevel system, which asks for investment and collapses, affecting the majority of contributors.
HOW DO I KNOW IF THE COMPANY IS AUTHORIZED TO TAKE DEPOSITS?
To find out if the company is authorized to collect deposits, you must go to the page of the Superintendency of Banking, Insurance and AFPs (SBS). CLICK HERE
HOW TO REPORT A FINANCIAL PYRAMID?
To report cases that you consider constitute financial pyramids or an Internet scam, you can contact the Superintendence of Banking, Insurance and AFPs (SBS). All communication is treated confidentially.
Free line: 0800-10840
Landline: 01-200-1930
Email: informalidad@sbs.gob.pe.
