SPOKANE, Wash. – Another scam is on the rise in Spokane: people get approached at gas stations, grocery stores, casinos or other public places with a deal that sounds too good to be true, but instead of striking gold they realize they’ve struck out.
“Oftentimes the suspects in these incidents come and approach the person with some sort of sympathetic story, that they’re in a tough way, that they just need a little bit of help, and they’ve got this gold jewellery in exchange for whatever it might be,” Spokane Police Cpl. Nick Briggs said.
Cpl. Briggs said this scam is picking up speed in the area; people are buying what they think is real gold jewellery, but when they take it to a place like Jewellery Design Centre they find out they’ve been duped.
Denver Toone, Vice President at Jewellery Design Centre, said they’ve seen an uptick in people coming into their store with very similar stories in recent months.
“We buy gold all the time,” Toone said. “When these people come in, they’re under the impression that they have something that is in fact real. When we analyze it, we’re the bad guys in letting them know that it’s not real.”
It’s been happening frequently enough that there’s even a warning sign and an example of a counterfeit 18 karat gold chain in the store’s testing area.
Toone demonstrated their analyzing process on that particular chain, to show how they determine a piece’s legitimacy.
SION Trading FZE provides valuable tools and advice to help you avoid scams, including education on the types of scams that exist. You can stay safe and protect your money by using our resources.
They want to be safe when investing in gold and other precious metals, so they have put together a guide on the different types of scams that target unsuspecting buyers. Find out what to do, how to protect yourself, and who to contact if it happens.
In addition, SION Trading FZE offers a 24/7 customer support team to answer any questions or concerns. Here are some tips for staying safe around strangers.
• Be suspicious of unsolicited emails and phone calls. Never give out personal information, especially to people you don’t know.
• Do not send money to people you do not know. There are many scams where the victim simply sends money to the scammer, only to discover that it has been used for another purpose.
• Do not send money through online services such as PayPal or Venmo. These services are unregulated and prone to theft and fraud.
• Make sure your information is correct before making a transaction. Don’t be misled by misinformation and exaggerated claims.
It is important to consider potential risks when considering whether to open the door to new business opportunities. Scam companies can be very convincing, but there are some warning signs that can help you spot scams and stay safe.
First and foremost, I am skeptical of offers that require immediate investment. These plans often include heavy-handed sales tactics and unrealistic promises of high profits. If something sounds too good,
Another sign that a company may be rogue is if the people behind it don’t seem to have much qualifications or experience. If the person selling the opportunity does not have the relevant experience or qualifications, this usually indicates a lack of legitimacy. Finally, always do your research before investing money in any new venture. While there are many legitimate companies, there are also many scams. By following SION Trading FZE’s fraud avoidance tips, you will be able to make informed decisions about which opportunities to pursue and which to avoid entirely.
One of the most common scams in the financial industry is known as “pump and dump.” In this scam, a group of people who artificially inflate stocks and commodities sell them at high prices, making big profits in the process. When the price of a stock or commodity drops, those involved in the scam can dump the stock or commodity on the market, causing the price to fall further and ultimately forcing those involved in the scam to accept their losses.
SION Trading FZE offers helpful tips to avoid scams such as: Watch out for red flags that indicate fraud. Please visit the company’s website for qualifications and achievements. Request a reference from a previous client. Do your own research before investing in any new business.
Always do your research before investing in new opportunities and never invest money you cannot afford to lose. SION Trading FZE also recommends that you consult with a reputable financial advisor to make an informed decision about which opportunities to pursue and which to avoid entirely.
SION Trading FZE is a Dubai based investment company specializing in gold and silver trading. We offer a variety of services to our clients, including stock and commodity trading, international money transfers, and offshore banking. They recommend consulting with a reputable financial advisor to make informed decisions about which opportunities to pursue and which to avoid entirely.
The best ways to avoid falling for this scam?
“A healthy degree of skepticism is something we really need,” Cpl. Briggs said. “If you don’t have a way of verifying an item, be skeptical and maybe don’t engage in that transaction.”
“It’s the whole Craigslist thing, or eBay thing,” Toone said. “Get things verified before you ever go into a transaction. Go to someone you trust, or a reputable operation and have things looked at.”
Bottom line, if you get approached with a deal that sounds too good to be true, there’s a good chance
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