Call Now For a Free Consultation:
(614) 532-4576
Nationwide Representation

The Real Dangers of Offshore Investment Scams

Off-Shore Investment Scams Pose Risk to Investors

The rise of the Internet has seen a proliferation of offshore investment scams that target inexperienced and experienced investors alike. While many of these investments offer flashy, impressive returns and sometimes promise tax immunity, even legitimate offshore investments can come with serious risks for investors who don’t take the time to understand the real details of the investment.

If you’re considering an offshore investment that sounds “too good to be true,” keep in mind the real risks of these types of investments:

  • The high returns come with high risks of loss.High-yield investments should come with higher risks. If it’s touted as “risk free” or “completely safe,” it’s a red flag.
  • You may be doing business in a country that has little or no protection for investors. If you invest outside of the US, then US laws probably won’t protect you or your cash.
  • You may be facing complicated tax issues.Although some offshore investments or charitable investments may promise to be “tax free,” the reality is that it can turn into an expensive international tax headache.

To learn more about how to research an investment, get started with our helpful article, “Basic Steps for Reviewing an Investment and Avoiding Investment Fraud.” And, for more detailed information, please also see our FREE book, Five Signs of Investment Fraud …And What to Do if it’s Happened to You.

The investment fraud lawyers with Meyer Wilson represent investors across the country in securities mediation, arbitration, and litigation claims. If you believe you have lost money to an investment scam, please reach out to us today for a free case review.

The information contained in The Firm’s posts on its blog, fraud alerts, investigations or elsewhere on the site is based upon information obtained from other sources including, but not limited to, news outlets and federal, state, and regulatory agency filings. All suspects and subjects of postings herein are presumed innocent until proven guilty in a court of law or administrative action and any and all crimes are alleged until a court or regulatory agency finds otherwise .

Share This Story
If you found the information provided by this article useful, consider sharing to your social media channels to help others in their search for reliable resources.
Consult with Our Legal Team
There is never a cost associated with a consultation
Atlanta Office

945 East Paces Ferry Road, Suite 2275
Atlanta, GA 30326
Columbus Office

305 W. Nationwide Blvd
Columbus, OH 43215
Meyer Wilson
New Orleans Office

900 Camp Street 
Suite 337
New Orleans, LA 70130
Los Angeles Office

2029 Century Park East,
Suite 400N
Los Angeles, CA 90067
Cleveland Office

4781 Richmond Rd.
Suite 400
Warrensville Heights, OH 44128
Bloomfield Hills Office

41000 Woodward Ave.,
Suite 350
Bloomfield Hills, MI 48304
Quick Links
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter. No recipients of content from this site, clients or otherwise, should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the recipient's state. Read More
The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter.
Read More
chevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram