Question

Please respond to the following in a minimum of 175 words:

You have been offered the opportunity to get in on a once-in-a-lifetime investment. The returns will be very high, and your money is safe. Why is this not possible and most likely a scam?

Answer 1

To know whether it is a scam or not you need to calculate the market rate and the rate of return thagt is offered by such institutions. If there is a huge difference in the values then we shall doubt the credibility of such institutions.

Also if the institution is not a reputated one then also it is better to stay away from such institutions. Some of the institutions are established only with a view to do fraud.

Also in the given cases the insitutes get a huge amount by annuties from many number of investors and collct a huge sum and they are liable to pay only at the last at once to all and there are a many chances of bankrupting at the time of payment of the lumpsum amount.