In 2022, the Bank of Russia identified about 5,000 entities with signs of illegal activity (companies, projects, individual entrepreneurs, and so on), which is 85% more than in 2021. Including 2017 financial pyramids were recorded (a year earlier – 871), follows from a message published the day before on site regulator. Financial consultant, investor Tatyana Volkova told Izvestia on February 10 how to recognize financial pyramids.
“If we are talking about the territory of the Russian Federation, then any participant in the financial market (that is, an organization that accepts money from the population and guarantees them a certain profitability) must have a license from the Central Bank of the Russian Federation. If you are told that we have amazing founders, that the organization is registered as a microcredit, then you should always be very careful about this, ”she said, emphasizing that the most important thing is the license of the regulator.
According to her, all other forms of “guarantees” that are talked about in a financial institution have no legal force.
The second thing to pay attention to is when and where the organization was registered, whether the scope of its activities has changed, what reputation it has created, Volkova added. She explained that this information is worth studying by looking at specific ratings in open sources, analytical and accounting reports.
Thirdly, it is necessary to consider what this or that organization offers.
“Assurances of huge returns on deposits, promises of easy money when nothing needs to be done – all this is aimed at people who are easily manipulated. Then the involvement through various messages begins. For example, through the theme of justice: they appeal to the fact that the world is unfair, and it is necessary to redistribute money honestly, ”said the financial consultant, adding that in such cases the investor can be reminded of his dream and promised that he will be able to achieve what he wants in short term.
One of the suspicious signs Volkova called pressure and perseverance, when the head of a credit organization says that you need to urgently take a loan, there is no time to think.
“Definitely, you need to delve into the nuances and details in order to understand what company you are dealing with, what services it offers and what documents it has on hand. All this must be done before you take your money there, ”she added.
In her opinion, there are a large number of people in Russia who have a very low level of financial literacy.
“They are the ones who fall into the trap of the pyramids because they do not know how to analyze and do not want to learn. At the same time, they want easy, quick money and instant results, not realizing that money needs to be “grown”. This requires time and knowledge,” concluded the investor.
Earlier, on October 7, 2022, the manager of the Federal Public-State Fund for the Protection of the Rights of Depositors and Shareholders, Marat Safiulin, said that, according to the National Financial Research Agency, 82% of Russians faced scammers in a month. He also predicted an increase in the number of financial pyramids.
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