Off-Shore Investment Scams Pose Risk to Investors
The rise of the Internet has seen a proliferation of offshore investment
scams that target inexperienced and experienced investors alike. While
many of these investments offer flashy, impressive returns and sometimes
promise tax immunity, even legitimate offshore investments can come with
serious risks for investors who don’t take the time to understand
the real details of the investment.
If you’re considering an offshore investment that sounds “too
good to be true,” keep in mind the real risks of these types of
high returns come with high risks of loss.High-yield investments should come with higher risks. If it’s touted as “risk free”
or “completely safe,” it’s a red flag.
You may be doing business in a country that has little or no protection
for investors. If you invest outside of the US, then US laws probably won’t protect
you or your cash.
You may be facing complicated tax issues.Although some offshore investments or charitable investments may promise
to be “tax free,” the reality is that it can turn into an
expensive international tax headache.
To learn more about how to research an investment, get started with our
helpful article, “Basic Steps for Reviewing an Investment and Avoiding
Investment Fraud.” And, for more detailed information, please also
see our FREE book,
Five Signs of Investment Fraud …And What to Do if it’s Happened to You.
The investment fraud lawyers with Meyer Wilson represent investors across
the country in securities mediation, arbitration, and litigation claims.
If you believe you have
lost money to an investment scam, please reach out to us today for a free case review.