Fake Gold Scam websites
Whether asking people to buy the Fake Gold Scam websites products is on the rise and more funds are lost to scammers every day.
You will think people will be wiser but greed and ignorance always get to them.
This post is about helping you avoid getting scammed when buying Gold either in person or online. Our main focus is buying gold in Africa where there’s abundance.
Buy Gold scam : Fake Gold Scam websites
Buy Gold Scam simplified by MINMIIDT-GOV.NET with a special focus on Africa. We will be looking Gold scam in Africa and in the course of this paragraph will explain how it all unfolds. Staying safe while buying Gold in Africa is our top priority which is why we have made it our business to help buyers worldwide.
This is one of our most important posts for there are people who think it is impossible to fall for the buy Gold scam. We are here to educate you so you do not make a mistake. There are lots of intelligent people in the world. They’ve repeatedly proven their smarts by being amazingly successful, building up a significant amount of personal wealth, and making savvy decisions in their careers and life. However, amazingly, even these folks can be duped in scams that in hindsight seem so obvious, but at the time seem so attractive and worthwhile to pursue.
That has been the case with buy gold scams. For centuries gold has driven people to take risks they wouldn’t even consider for other assets or even people. And when one gets offered a sizable stake in the precious metal, many are willing to take a jump at gold in ways that put themselves on the line considerably.
African Fake Gold scam
It is no secret that there’s gold in Africa and many mines that have not even been claimed yet and because of corruption the prices are very low. This will explain why the standards of living in gold producing areas of Africa is very low. Many travel from afar to Africa to buy gold at prices way below the normal market rates.
Most of these gold are conflict gold and in areas controlled by rebels and insurgents. Dealing with these people is profitable but also very risky as you can lose everything. It is always advisable to buy from legit known sources.
While many are looking to take advantage of these low gold prices, others are looking to rip them off. The African Gold market is a playground for scammers. They have hijacked the market and now make it very difficult for you to find a real dealer.
A majority of real gold vendors in Africa do not have websites and are not computer savvy. Scammers have taken advantage of this and created websites and social media accounts using their names. You can find these fraudsters on Facebook, Instagram, LinkedIn offering gold dore bars, gold dust and diamonds at very cheap rates. Targeting buyers looking for cheap prices is their specialty and most times succeed.
How gold scammers operate
We might explain in a thousand words how to avoid Gold scams but nothing to prepare you when you meet these scammers. They have many ways to scam you and it will be luck if you escape. However, there are many red flags during conversations with these people, and if you are vigilant enough to avoid them.
Every businessman is driven by profit-making what the scammers are looking to take advantage of. To the scammers, offering good deals to buyers is the game changer and even the biggest of the elites have fallen for these scams.
For those looking to buy gold online, the scam is different as most times the scammers will tell you to either pay for a Safe Keeping Fee or buy a Buyer Permit. The case is however different for those who come to Africa to buy directly from these scammers.
The scammers bring gold bars to client meetings to convince people. And there’s nothing like the gleam of real gold in sizable amounts to get peoples’ attention. These samples are usually borrowed from corrupt government officials who also sometimes in on the scam.
Some scammers have even been known to bring the gold in armored vehicles with authentic documents all to fool the buyer. Seeing all this with the government officials vouching for the scammer will convince the buyer and that is how the buy Gold scam works.
How the scam works
Identifying a scammer is not easy especially if you are new to the African gold market. Like every other thing you are buying though be wary of cheap prices. This is the first way the scammers tries to get your attention. Upon contact, they offer you very good terms for taking the gold and paying after receiving and testing it. The only thing they require though is for you to contact the Ministry of Mines and get a Buyers Permit.
As soon as you get the Buyers Permit which usually costs from $2,500 to $7,500, they ship the gold using some fake courier. A tracking number will be provided but you will be later called by the courier to pay extra fees. These fees are sometimes Insurance, Safekeeping fees, and taxes, it never ends.
How to buy gold safely
MINMIIDT-GOV.NET exposing Fake Gold Scam websites and helping buyers meet real vendors in Africa. The best way to buy gold safely is by reading reviews, asking questions and learning from successful buyers before you. Our website features all that a forum where you can meet buyers, interact and share experiences. You can even send private messages.
We have done extensive research, met with vendors and buyers alike now confidently tell you information we provide is 100% accurate. If you are looking to buy Gold from Africa then we will point you in the right direction. Send inquiries today and get the list of genuine gold vendors in Africa to avoid Fake Gold Scam websites. You can also go to our review page, see the vendors for yourself then make a choice.
How to stop the Buy Gold scam
Most of these scammers work with government officials hence stopping this business can be very difficult. However, reporting these cases to us will help you get your money back and help others from falling into the same trap.
Always write a review or read reviews if you are looking to avoid buying a Gold scam. These reviews go a long way to educate people and make things very difficult for scammers. It is a small effort but enough to put an end to this very bad practice.
