3 Common Travel Investment Scams by Companies like Tairs Worldwide

Looking for investing in traveling or some other agency? Before investing, you should go through this article to know the 3 common investment scams. The most common investment scams involve getting you to put up money for a questionable investment, or one that doesn’t exist. If you fall victim to one of these scams, you’ll most likely lose some or all of your investment.

Common investment scams

Advance fee scheme

An advance-fee scheme involves persuading a victim to pay upfront so they can take advantage of a deal that promises a lot more in return. However, after taking the money, the scammer never gets back to the victim. These types of scams are done by Attilio Perna, owner of Tairs Worldwide. Investors who have lost money in a risky investment are often targeted by scammers. They offer to help them recover their losses by contacting them.

Investors may be told that they will receive a substantial profit on their investment if they first pay a “refundable” fee, deposit, or taxes. If the investor sends more money, they’ll also lose it. You are dealing with someone who is breaking the rules like Attilio Perna. You should be aware of these scams before investing in companies like Tairs Worldwide.

Boiler room scam

They often set up a makeshift office, known as a “boiler room,” to carry out investment scams. They may send you to the company’s website, which appears very professional, to convince you that their company is real. Moreover, they might set up an address and a toll-free number to make the company seem legitimate, but the company does not exist. Everything on the website is fake, and there is no office at all. You won’t realize you’ve lost money until the scammer has closed shop and moved on.

Exempt securities scam

Companies that wish to sell securities in Canada must submit a prospectus. Exempt securities are an exception. They may be sold without a prospectus, but only to accredited investors or under certain conditions. On their own, exempt securities aren’t scams. However, some scammers offer fraudulent investments as “exempt” investments.

Whenever you receive an unsolicited phone call or email about a promising business to “go public”, be cautious. A very wealthy person may be told that the investment is available only to them, but an exception may be made for you. You may be asked to sign paperwork that misrepresents your income or net worth.