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.
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