Passive Income Scams

[Chibson]

Any of such website that asks you to invest money is a potential scam. Most of them are Ponzi schemes.

A huge number of passive income sites are flooded the internet and that is just the truth but you need to be extra careful so that you would not fall victim of this platforms.

 

[Magnus2022]

About last year, there is a company called MMM that a lot of people invested in the company. The company scammed a lot o people in Nigeria and disappear with over 4.5 billion dollars of investors. Federal government through central bank warned people to stop investing in high yield investment schemes.

 

[Reedex]

There is a huge scam in passive income and it's not the best thing to do.

 

[Yohanna]

Passive income could be a scam if care is not taken.

 

[Starmix]

It's good to ignore or stay away at that site. They're good at luring people. Don't allow fake people and sites harvest your money. Regret is always at the end. Get rid of them.

 

[riberet19]

these are nothing more than Hyips who promise you juicy returns to take your money and run away with it, doubling your money is simply too nice to be true, or even very high annual returns are reasons to suspect their legitimacy.

 

[cherry123]

Having Passive income is very good especially if you can have it online but you should be careful and avoid some scams. Even legit sites can turn out scam today

 

[Reedex]

There are a lot of scams that will claim passive income for people. One need to be very sceptical and carry out proper investigation.

 

[Bango]

Well, to be honest, after some bitter experiences in online investing, I decided not to repeat the same mistake many times. In my opinion, the best investment method is offline investment. Investment in the bank or gold

 

[Stardom22]

For me the most scam investment opportunities are the high yields investment platforms/HYIP, With these kinds of investments opportunities 99.9% of them are totally scams and never reliable in providing legit investment services.

 

[eldavis]

The best way to avoid such issues would be to make proper research first before making any from of investment, then again another reason why many people fall fot scam issues is simply due to greed, once you can control this emotion, it would help a lot.

 

[flower]

It is important to know that there are lot of scamming activities around passive income sources because a lot of people tend to hide under the umbrella.

 

[Stardom22]

It's evident that the internet is flooded by the scammers and people that are ready to earn from your hard earned money in the name of providing you with some fake services or Scamming websites.

 

[junrose123]

I had been scammed before for investing online to some bitcoin mining sites that claimed I will have a passive income for just mining but later on stop on paying and shutting down the website without any further notice.

 

[Stardom22]

I too have been scammed multiple times by the Crypto mining platforms. They usually claim to be mining the crypto currency at a faster rate when you deposit some money to their wallets.

 

[Shortie]

I was always told throughout my life and I still stick by this even now that I am older. If something sounds too good to be true, it probably is and you should probably stay away from it and not risk it as it will more than likely be a scam.

Unfortunately, those who are wanting to scam have gotten better at making things look believable and that is where people are getting caught out so it is difficult to tell in some cases.

 

[saoussen5765]

There are many ways that they use to get people's money especially online. Some claim they will double your money, while some claim to have investments or businesses that will yield returns. How do you avoid such?

This is called usury and usury is to lend website money and he double your money or scam you. It is not gambling but usury is a benefit from lending someone money and then in lending you should only pay back the money you have lent out and not an extra even 105 % after 1 day then 5 % is usury as you lend site for one day.

 

[riberet19]

This is called usury and usury is to lend website money and he double your money or scam you. It is not gambling but usury is a benefit from lending someone money and then in lending you should only pay back the money you have lent out and not an extra even 105 % after 1 day then 5 % is usury as you lend site for one day.

The problem is that this is sometimes used on purpose to defraud lenders or investors, there are too many pages on the internet that claim to do this and almost all end up being scams, that is why people do not trust such proposals.

 

[flower]

It is important to try as much as possible not to fall victim of any passive income scams because they have flooded the internet.

 

[cherry123]

Scammers are always out to scam people just need to be careful became scammers are becoming more aggressive to scam people whether either online or offline. so we need to be careful