Scam Library
Investment Scams
Fraudulent investment schemes promise unrealistic, guaranteed returns and often rely on recruiting new members.
How it works
- You're invited to a group showing big profits.
- A small first investment 'pays out'.
- You invest more — then withdrawals are blocked.
Warning signs
- Guaranteed or very high returns
- Pressure to recruit others
- Unlicensed operators
- Withdrawal fees or delays
Scenario
Illustrative example: A Telegram group promises 30% weekly returns on crypto trading and shares screenshots of 'member profits'.
This scenario is fictional and for illustration only.
How to protect yourself
- Check if the provider is licensed by NBFIRA or the Bank of Botswana
- Be wary of guarantees
- Never invest under time pressure
If you've been affected
- Stop all contact with the scammer and do not send any more money or information.
- Contact your bank or mobile money provider immediately to block or reverse transactions where possible.
- Change passwords and PINs for any accounts that may be exposed.
- Keep screenshots, numbers, links and receipts as evidence.
- Report the incident to the Botswana Police Service, and report the number in the ScamProtect app to warn others.