A recent study by the United States Department of Treasury has uncovered the growing number of bond scams. These schemes are based on historical bonds, which once had great value but now have little to no financial value. Some historical bonds are even being sold as collectibles, with investors paying face value for them. As a result, they are a popular target for fraudsters. However, you don’t have to suffer as a victim to get your money back. By following this Walkthrough, you can protect yourself against scams and ensure you purchase only from reputable issuers.

These scams are particularly common in the historic bond market. These scammers often make the claim that they are backed by the Federal Reserve Board, the World Bank, or the International Chamber of Commerce. Many of these fraudulent companies also pretend to be backed by the United Nations, World Bank, or other prestigious organizations. In fact, these organizations are often cited as financial backers of historic bond schemes. It is vital that you learn more about these types of schemes to avoid them.

There are a variety of ways that these scams work. For example, some people are sold bogus Morganthaus securities, which are not backed by any institution. These phony bonds are sold in a box labeled “Federal Reserve” or “World Bank” with other certificates. This way, they don’t even have to be in the United States. They are simply sold in another country, and the fraudsters know how to make it look authentic.