Spot investment scams before sending money

AskAlexK editorial content · Published November 3, 2026 · 2 min read

A polished website or convincing message does not establish that an investment is legitimate. Pause when someone combines a striking return claim with urgency, secrecy or unusual payment instructions.

Understand the decision

The FBI’s IC3 describes schemes that show fabricated profits and then demand additional payments to unlock withdrawals. Early successful withdrawals can be part of the deception. Independently verify people and firms, and use contact details obtained outside the message or advertisement that reached you.

What to do next

1. Stop and independently verify the firm and person.
2. Do not share passwords or remote access to your device.
3. If money was sent, contact your financial institution promptly and preserve records.

Watch out for

A recommendation from a familiar-looking social account may come from an impersonator or compromised account. Confirm identity through a separate trusted route.

Can a recovery service guarantee my money back?

Treat guarantees and advance-payment recovery offers with caution. Use official reporting channels and verified professionals rather than unsolicited messages.

This is general U.S. educational information, not a recommendation for your circumstances. Rules and product terms can change. Report a correction.