If you have ever considered investing in property you have probably come across a flashy ad promoting a seminar which promises to make your property investment too good to miss out on. Accepting your presence will probably mean a hefty entrance fee, amidst sensational claims, such as “Earn up to £3000 or more per month!” For those desperate enough to actually believe some scam like this might actually work, spending hundreds, or even thousands of dollars, would seem the sensible thing to do.
Of course, realistic and helpful seminars do exist but the organisers would rather not trumpet fat gains and instant financial gratification. On the other hand, seminars set up by fraudsters would include magical words, such as “guaranteed”, “risk-free” or “secret”. The legitimate seminars would promise nothing of the sort and would even go as far as to say that profits are not guaranteed.
The host of the seminar is the person behind the claims and accolade but you would rather listen to someone who is able to offer references you could easily pick up on as opposed to self-styled gurus who brag about their exploits but have nothing to show for it. Giving full names as testimonials, together with contact information is a sure-fire way of earning their trust whilst mentioning God and the Bible, fictitious certificates or degrees and crowning oneself the King of So-and-So are signs that you need to avoid paying any attention to their antics.
Fraudulent seminars will delve into the beginning and end of any business venture but will not enter into the juicy bits that should complement the body. There is no substance to chew into and almost everything, from their empty promises to their guarantees of fame and fortune, is fake and surreal. You want to attend a seminar who explains throughout what you need to do to get started, how they expect you to make it happen and the end result if you stick to the plan. Images of chic locations or expensive cars have no place in the real deal.
Decent seminars usually provide written information which should make sense to you, in layman’s terms. Reading something you know nothing about in a jargon which is too complicated or technical will not help you achieve your goals. Look at the information and see whether it contains useful stuff you could use to help you in your investments.