
Recent Reports Show A Sudden Spike of Scams in South Africa
Investment scammers would be less successful, according to Friedrich Rappard, chief information officer at Momentum Investment, if people remembered a simple golden rule: investing is a long-term game. “I’m afraid investments will not make you rich quickly,” Rappard said. “It’s important to remember that a good investment strategy should last for years, if not decades.” If someone promises to double your money in three months, you should be wary and question their motives.”