Financial scams often offer high returns, with little to no risk within a short period of time.

They often disguise themselves as Multi Level Marketing (MLM), but without any clear product offering. Instead, they focus on recruitment of members, where their membership fees are used to create income or returns for early members.

Financial scams may ask for you to come up with several payments to claim your rewards, as in the case of SMS scams, or emergency fees to help a loved one, in the case of a love scam.

Examples of financial scams include: get-rich-quick schemes; pyramid schemes; internet love scams; phishing; credit card scams; job scams; SMS lucky draw; etc.