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     CONNECTING GLOBAL NEWS & VIEWS FOR THE COMMUNITY UK & EUROPE EDITION SEPTEMBER 2017                                               Volume 08 – Number 17                                                                                                                                                                               www.hello-philippines.com

     5 ways howOFWTIPS
     OFWs can protect
     themselves from
     investment scams
        HAVE you ever been duped or               investment scheme so that you will be      vPromise of high return in a short        integrity. While it is true that most                                                                                                                                                               Senators
     lured of investing your hard-earned          guided with your financial decisions in                                              investment vehicle has certain risks,                                                                                                                                                               divided on
     money as an OFW by promising a high          the future.                              period of time. Just like planting a tree,  it is worth to pay attention about                                                                                                                                                                  Gordon’s
     returns in an unscrupulous  financial                                                 one fundamental principle of acquiring      the credibility of the leaders and the                                                                                                                                                              threat to file
     investment scheme? If yes, sad to say,         uEducate yourself and understand       wealth is its being built over a period of  investment company itself. Check                                                                                                                                                                    ethics rap
     you are not alone as more and more                                                    time. In other words, there is no such      out everything—no matter how                                                                                                                                                                        vs. Trillanes
     OFWs have fallen prey into numerous          the business model. It is not enough     thing as being an instant millionaire in    trustworthy the person seems who
     fraud transactions. Needless to say,         to have good intentions like growing     a short span of investing. The reason       brings the investment opportunity to                                                                                                                                                                              >> Story on page 2
     these scams eventually exploit the           your wealth or helping someone in the    why many people are being tempted           your attention.
     trust and friendship among people            business. If you want to be successful   to invest their money is that they are
     who have something in common—                in your financial investment journey,    blinded with promising rewards or              The proven track record of the
     to generate high yield returns. Are          one of the most important things         potential high returns.                     leaders or founder including his past
     there practical tips on how to protect       to remember is to educate yourself                                                   performance indicates the integrity of
     yourself from fraudulent investment          and understand the business model           Remember, when greed controls            the company. If people involved have
     scheme? The answer is yes.                   before making any financial decisions.   your emotion, lapse of financial            record of unethical fraud practices,
                                                  If the company has a vague investment    judgment occurs. When you have              you should be wary and seek advice
        However, you have to bear in mind         methodology and failed to explain        been promised of exorbitant returns         from experts. Do your homework
     that being financially literate is the best  how you will possibly generate returns,  and you think the offer is too good to      and learn more about people and the
     weapon against fraud or dishonest            chances are it is a scam. Don’t make a   be true, you’ve got to be cautious and      investment company before it’s too
     scheme. Below are helpful tips about         decision until you empower yourself      think twice.
     five ways how to spot fraudulent             and you’ve thought about it a hundred                                                late. >> Continue to page 2
                                                  times over.                                wInvestment company has a

                                                                                           good reputation and leaders have

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