METROPOLITAN Bank and Trust Co. (Metrobank) warns the public of the many obvious signs indicating that an investment offer that you received via email, SMS or call may be a scam.
The biggest indicator of an investment scam is the offer itself. As the saying goes, “If it’s too good to be true, it probably is.” Investment scams would typically offer exaggerated return-on-investment rates such as “2 percent daily” or “30 percent monthly.”
Where a message originates from matters. It’s easier to spot fraudulent email addresses because you can see the domain names (text after the “@”) used. Some scammers use public domain email addresses for their “investment company.”
Legitimate investment companies would always use custom domain names that are more professional. It also indicates that they have an existing website to get more information.
As for SMS, even though sender IDs are not by any means an indicator of legitimacy, having none at all is an…