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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

Precious
PreciousKnowledge Seeker
Asked: September 13, 20232023-09-13T10:14:24+00:00 2023-09-13T10:14:24+00:00In: Money & Business

All this invest 5k to get 15k in one hour, are they real?

There’s one media on my WhatsApp that is asking me to invest 5k to get 15k in one hour, I’m scare because the duration to get 10k interest is to small, are they for real?

What are your idea guys?.

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5 Answers

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  1. Abigael
    Abigael Trusted Adviser Abigael
    2024-06-13T09:10:55+00:00Added an answer on June 13, 2024 at 9:10 am

    These are known as Ponzi schemes and they will only scam you, it is best to steer clear from them. Most of them use another investor's money to pay those who invested early then run away with the rest of the money. I have come across these kind of investment advertisements and I fell for them when IRead more

    These are known as Ponzi schemes and they will only scam you, it is best to steer clear from them. Most of them use another investor’s money to pay those who invested early then run away with the rest of the money.

    I have come across these kind of investment advertisements and I fell for them when I was a newbie. But after learning their tricks, I have been avoiding them at all costs.

    It is best to realize that there is no easy investment strategies online and offline. You have to be patient and strategic to grow your money, otherwise all the easy stuff are always dangerous.

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  2. spencer
    spencer Enlightened Mentor
    2024-06-13T09:07:01+00:00Added an answer on June 13, 2024 at 9:07 am

    No, they're mostly scam and you should be specifically wary with them, they'll lure you in with their profiles, I've received such messages countless of times and they say the same thing over and over again in all of their messages.   They'll tell you they are going to trade with the money andRead more

    No, they’re mostly scam and you should be specifically wary with them, they’ll lure you in with their profiles, I’ve received such messages countless of times and they say the same thing over and over again in all of their messages.

     

    They’ll tell you they are going to trade with the money and send you your share within minutes, they’ll keep on elongating it till you lose interest and forfeit the money.

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  3. Svishok
    Svishok Expert Mind
    2023-09-13T13:26:11+00:00Added an answer on September 13, 2023 at 1:26 pm

    "Invest 5k to get 15k in one hour" schemes are generally not real and likely to be scams. It is important to be cautious and skeptical of such promises, as they often exploit people's desire to make quick money. Legitimate investments usually involve risks and take time to generate profits.But if wiRead more

    “Invest 5k to get 15k in one hour” schemes are generally not real and likely to be scams. It is important to be cautious and skeptical of such promises, as they often exploit people’s desire to make quick money. Legitimate investments usually involve risks and take time to generate profits.But if wishes to try do some research on the schemes you want to invest first to make sure investing money is safe or not schemes.

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  4. Allison
    Allison Knowledge Seeker Archiever 💪🏽🔥
    2023-09-13T13:07:17+00:00Added an answer on September 13, 2023 at 1:07 pm

    They're not real bro, don't try such thing, they're all scammers. I have a friend of mine who was scammed just yesterday on this. It was on WhatsApp status as you said. At first, they started by doing airtime giveaway which was real, he won the airtime twice. So he now concluded that it's legit. TheRead more

    They’re not real bro, don’t try such thing, they’re all scammers. I have a friend of mine who was scammed just yesterday on this. It was on WhatsApp status as you said. At first, they started by doing airtime giveaway which was real, he won the airtime twice. So he now concluded that it’s legit. They now posted about the “5k to get 10k”, he sent them the money and they made away with it, so sad because they blocked him. So those people are scammers. Be warned!

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  5. eldavis
    eldavis Enlightened Mentor Graphic designer
    2023-09-13T12:58:58+00:00Added an answer on September 13, 2023 at 12:58 pm

    No they are not real, they are simply scammers trying to get people to pay them so they can take their money. I came across one sometime back and decided to give it a try, i sent 1k to get 3k and after that the person started giving excuses about him having network issues and after that he blocked mRead more

    No they are not real, they are simply scammers trying to get people to pay them so they can take their money. I came across one sometime back and decided to give it a try, i sent 1k to get 3k and after that the person started giving excuses about him having network issues and after that he blocked me. Most times they go as far as showing face alerts just so people would believe, but in reality they are simply scammers.

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