Is it a scam? The quiz
Money choices carry fear, guilt and hope too. Let's slow down and look at the facts. Your answers stay on your device; nobody else sees them.
"Risk comes from not knowing what you're doing."
Warren BuffettIf it doesn't make sense to you, it isn't for you. Never rush a money decision because of fear of missing out: rushing is the weakness of fools.
The red flags of an investment scam
- High returns with "no risk" or a guarantee.
- Contact out of the blue, often on social media, WhatsApp or a dating app.
- Pressure: act now, limited places, keep it secret.
- Payment in crypto, gift cards or to a personal account.
- Fees or "taxes" to unlock your withdrawal.
- Fake celebrity endorsements and screenshots of profits.
See the full scam and risky investment checklist.
Already sent money?
Act fast: call your bank or card provider, stop further payments, keep every message and receipt, and report it to the police and your financial regulator. Beware of "recovery" companies that contact you promising to get your money back for a fee; they are often the same scammers.
Questions people ask
How can I check if an investment company is legit?
Look it up yourself on your country's financial regulator register (for example the FCA register in the UK, SEC and FINRA BrokerCheck in the US, or your local securities authority), using an address you type in, not a link they sent.
Are crypto investment platforms scams?
Not all, but crypto is the favourite payment method of scammers. Be extra careful with platforms you found through a stranger, an advert or a romantic contact.
More money choices
TheHardChoices gives general life guidance, not professional advice. It is not a substitute for medical, mental health, legal or financial help. If you are in crisis or feel unsafe, contact local emergency services or a crisis line now. Full disclaimer