Tips for protections againts investment fraud

People lose millions of francs each year to investment frauds. There are many ways investment fraud can happen. However, there is one thing that all investment frauds have in common: The victim invests his/her money because the swindler usually promises a great deal of money in return within a short period.

To avoid falling into this trap, the investor should follow these rules:

• Approach unsolicited contacts very carefully or simply do not get involved
• Carefully check the asset manager
• Request information documentation and carefully review all contracts
• Always conclude an asset management contract in writing
• Do not allow yourself to be blinded by promises of dream returns. High earnings promises always also include high risk and can lead to great losses
• Set a clear goal with the asset manager defining what is to be achieved with the investment
• Never act under time pressure; a consideration period should be offered as a matter of course
• Check the costs of the investment business and pay attention to the transparence
• Only make the investment decision when all details have been clarified