Wealth Weekly

How to Avoid Scams and Bad Investments Online

Hey zxcv, it’s Mark.

This is a very important email, so please listen carefully. I’ve noticed a rise in online scams, so it’s something I need to warn you about.

Whether you’re a beginner investor or have some experience under your belt, you’ve got to be careful. Scammers can wipe out everything you’ve worked for in the blink of an eye…without an ounce of remorse.

This email could save you thousands and a load of grief. So here’s the top 3 online scams you need to watch out for:

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Number 1: The ‘Trade For You’ Scam

Have you ever seen those sketchy comments under YouTube videos? The ones that say something like, “Dave helped me make $300k this year; he’s amazing!”

My team and I delete as many of these comments as we can, and we’ve set up a list of banned words to filter out these bots from our channel comments. Unfortunately, nothing seems to work for long as they just keep coming back.

These comments are part of a bigger scam that’s all over the internet. They often link to something like a “trade for you” service, then claim they can help you turn a small initial investment into lots of profit.

They ask you to send them your money, claiming they’ll trade it for you on some platform and bring back massive profits.

Once they’ve got your money, most of the time they stop replying and run. However, some keep the scam going by giving you some profits back so you feel more comfortable to invest even more, then run off once you give them a big lump of money.

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Number 2: Pump and Dump Scams

This scam is everywhere on social media, and I’d say it’s the one that most young people are falling for because it involves influencers. Here’s how it works:

Scammers create their own cryptocurrency because there’s no regulation or rules. They just slap a name and a logo on it, call it the next big thing, and start spreading the word. It doesn’t even have to make sense!

Then they take to social media and get people hyped. They’ll say things like, “This coin is going to the moon! Don’t miss your chance to get in early!” This gets more people to buy in, which pushes the price up.

For example, the scammers might buy the coin for $1, and by the time everyone else is piling in, it’s worth $5 or even $10. But the moment the price spikes, the scammers sell everything and disappear. Once they’re gone, the price crashes, and everyone who bought in is left with a worthless “asset”.

Always question the hype and do your research.

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Number 3: The Pyramid Scheme

Pyramid schemes are all about recruiting people and making so-called “commissions.” Someone, usually on Instagram or social media, will promise you the dream: big money, working from home, being part of a “motivated team”, and the chance to double your income and ditch your boring 9-to-5 job.

Once you’re in, you realize your real job isn’t actually selling the products, it’s recruiting more people to join and do exactly what you just did.

The idea is that the more people you bring into the scheme, the more money you’re supposed to make. But the whole system is built on lies. It’s not a business. It’s not about selling anything real. It’s just an endless chain of recruitment where the only people at the very top make any money.

And that’s where it all falls apart. There aren’t endless people to scam. Eventually, the scheme collapses because they run out of new recruits. When that happens, the top people take the money and disappear, leaving everyone else in the dust.

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I’m sick and tired of seeing all these online scams, so I’ve been working on a genuine wealth building platform called The Wealth Portal. It’s got loads of in depth videos on investing and side hustles.

As it’s getting close to being finished now, spaces are running out.

If you’d like a chance to try it out for free when it’s ready, then click here.​

zxcv, have you nearly fallen for a scam online? Hit reply to this email and tell me what happened. As you know by now, I read every response.

All the best,

Mark Tilbury

Mark Tilbury @ Tilbury Solutions LTD

Amelia House, Crescent Road, Worthing, West Sussex, England, BN11 1RL

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