Social media has been blamed for being the cause of many ills over the past decade. Being able to blatantly tell lies and distort the truth to a narrow group of people is regarded as a serious problem on social media. Much of the focus to this point has been on political campaigns, but the investment world is quickly catching up.
More money lost to scammers In 2018
If someone cold called offering the opportunity to double your money with a great opportunity in the burgeoning North Korean share market, most people would hang up the phone without question. Temper those claims a little and the cold caller might hook a fish.
Tax Residency Alert: Are you ready?
Globalisation has made it easier for people to invest money outside their tax residence jurisdiction. This has provided opportunities for offshore tax evasion.