Wednesday, November 16, 2011

Scam - invest in gold bars

This is a way for the scammer to mark up the price of the gold bar by 23%, without the investor realizing it. The scammer distracts the investors by offering a complicated structure of interest payment, buy back guarantee and delivery of the physical gold bar. The investor overlooked checking the real price of gold. http://tankinlian.com/admin/file.aspx?id=186
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2 comments:

Anonymous said...

I believe gold investments going to burn a lot of small investors. Gold is not like stocks, the price of gold is purely due to supply and demand.

November 16, 2011 9:14 AM
Tulsa gold buyers said...

Due to the popularity of gold in the trading scene nowadays, there are some who saw this as an opportunity to scam other people. It is important to transact with just credible buyers or sellers so that you'll get the value you deserve. Many have been victims of this scam so precautions must be practiced at all times.

January 31, 2012 2:38 PM

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