There are some websites that allegedly claim to pay up to 500 per cent returns on e-gold invested for periods as little as 30 days. Now just wait a minute, did I say 500%? Or was that a typographical error?
It is no typographical error. It is actually 500 per cent and that should be the first signal to you that there is something terribly wrong at any site offering such an unusually high return on investment. Still numerous people get scammed daily all over the world investing in these so-called high returns e-gold sites.
Actually it is hardly surprising that scammers would want to target e-gold for their rackets. Since e-gold or electronic gold was introduced and started to catch on, problems of Internet payments have been solved for many web users the world over. In fact for the first time there is a true means of global payment that is widely accepted and easy to use and it does not matter what corner of the world you are based in. There is no doubt now that e-gold is the biggest universally accepted means of online exchange for goods and services.
The way most scam investment websites work is that they pay you interest for a very brief period initially to attract even more people that they can fleece. They then proceed to suddenly fold up and disappear into thin air with investor's funds.
This does not mean that there are no e-gold investment sites that are genuine. The truth is that there are web sites that are run by genuine investment set ups.. You just need to be extremely cautious as you go about the task of finding them.
One of the danger signals to look out for is whether the e-gold investment company you would like to invest with has a physical address. This is very important. When you click on the "contact us" link on the site and only see an email address, then the right thing to do is to flee without looking back because you are dealing with scammers. Flee and save your hard earned cash from being taken away from you.
It is also prudent that you put through a call to any telephone numbers that you may see displayed on the website. How is the phone answered and who answers it? You can also take the opportunity to ask all the questions you would like to ask.
Then you can also visit forums and search engines and ask as many questions as you can so that you are able to discover which particular e-gold investment sites you can be able to work with.
