A new wave of legal scams have taken over the world, loopholes in the bankruptcy laws of nations have been abused mercilessly, leaving a trail of broken homes, irreconcilable marriages and suicidal tendencies.
I’m speaking of none other than the “investment-then-bankruptcy-claim fraud”, a situation whereby legal companies solicit for money from investors, legally obtaining these funds, and due to the law preventing the reimbursement of funds by a company that has declared bankruptcy, they hijack these funds, declare bankruptcy and delinquent on the repayments to the investors. This is nothing but a scam, and as we advocate for the law to tighten up this loophole, it is important to know how to guard yourself and your funds.
“A fool and his money are soon parted“
Proverbs 21:20
- Always look at the plan of investment by “investment companies”
Ask questions, don’t be too quick to part with your money over wild claims of unattainable earnings. Money needs to grow in a healthy and carefully selected environment, not on the whimsical dreams of a fool
2. Ask people skilled in handling money to criticize the plan, process and claims of any investment company you are wishing to trade your money with.
So often we want to go alone, for the feeble feeling of being a one-man army and achieving great things alone, but in all reality, nothing that lasts is achieved alone, we need others and in the business of money, you need to surround yourself with knowledgeable folks that have gone ahead of you and can see the traps of overnight “money investments”.
3. Tell yourself the truth or do you just really want to be played?
looking at things through eh eyes of reasonable doubts can clear up your funds from mismanagement and misuse. When it comes to money, especially when building it up, solid foundations (not risky speculations) are key.
Conclusion:
Money is a very important tool, mismanagement will lead to serious consequences, and consistent mismanagement will lead to irrevocable poverty, so please safeguard your money.
in the world of money, it is only useful to experiment, when you have completely built a steady foundation on reputable investments, not risky endeavours.
Be blessed.
