{"id":10724,"date":"2025-07-17T10:30:01","date_gmt":"2025-07-17T07:30:01","guid":{"rendered":"https:\/\/novitera.lt\/izvalgos\/netapkite-sukciu-auka-ka-butina-zinoti\/"},"modified":"2025-07-17T15:25:38","modified_gmt":"2025-07-17T12:25:38","slug":"protect-yourself-from-fraud","status":"publish","type":"izvalgos","link":"https:\/\/novitera.lt\/en\/insights\/protect-yourself-from-fraud\/","title":{"rendered":"Protect Yourself from Fraud \u2013 What You Need to Know Before Buying or Selling Precious Metals"},"content":{"rendered":"\n<p><strong>Protect Yourself from Fraud \u2013 What You Need to Know Before Buying or Selling Precious Metals<\/strong><\/p>\n\n\n\n<p><strong>Warning!<\/strong><br>A sharp rise in fraud cases has been reported recently. Scammers are offering gold and other precious metals with false promises of guaranteed profits, urging victims to make rushed advance payments, and promoting deals that seem too good to be true.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Why is fraud on the rise in this sector?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Over the past six months, <strong>the prices of gold and other precious metals have climbed significantly<\/strong>.<\/li>\n\n\n\n<li>As people look for ways to protect their savings from <strong>inflation and economic instability<\/strong>, investment metals are drawing growing interest.<\/li>\n\n\n\n<li>Fraudsters are exploiting this surge in demand with deceptive tactics.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>The most common fraud tactics<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Promises of <strong>guaranteed and unusually high returns<\/strong>.<\/li>\n\n\n\n<li>Offers described as <strong>&#8220;exclusive&#8221; or &#8220;limited-time&#8221;<\/strong>, with unrealistic prices or returns.<\/li>\n\n\n\n<li>Creation of <strong>fake or recently launched websites<\/strong> posing as legitimate businesses, requesting <strong>advance payments<\/strong> for metals or \u201cinvestment packages\u201d that do not exist.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>How to protect yourself: key facts<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Precious metals are traded on international exchanges like the <strong>London Metal Exchange (LME)<\/strong>, where prices are determined by <strong>global supply and demand, market conditions, and geopolitical factors<\/strong>.<br>\u00a0There are no real \u201csuper deals\u201d in this market.<br><strong>Always verify official prices at<\/strong>: <a href=\"https:\/\/novitera.lt\/en\/metal_exchange\/\">https:\/\/novitera.lt\/en\/metal_exchange\/<\/a><\/li>\n\n\n\n<li>Be skeptical of any offer promising fixed returns. <strong>Metal prices fluctuate constantly<\/strong>, and no honest seller can guarantee profits.<\/li>\n\n\n\n<li>Never rush into an upfront payment. With <strong>reliable companies<\/strong>, you can agree on prices and arrange all transaction terms and documentation safely.<\/li>\n\n\n\n<li><strong>Check your supplier<\/strong> \u2013 work only with <strong>licensed, registered platforms<\/strong> or <strong>reputable companies<\/strong> with long-standing experience in the market.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>&nbsp;Fraud in Lithuania: The Numbers<\/strong><\/p>\n\n\n\n<p>According to the Police Department under the Ministry of the Interior, from <strong>January 27 to May 31, 2025<\/strong>, there were <strong>7,491 reports of suspected fraud<\/strong> in Lithuania.<br><strong>Total losses<\/strong>: \u20ac11,304,199.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Want to stay safe? Let us help.<\/strong><\/p>\n\n\n\n<p>Before making any decisions, consult our team \u2013 we\u2019ll help you <strong>avoid risks and stay protected<\/strong>.<\/p>\n\n\n\n<p>Call: +370 618 24273<br>Email: <a href=\"mailto:kaina@novitera.lt\">kaina@novitera.lt<\/a><br>Visit: <a href=\"https:\/\/www.novitera.lt\">www.novitera.lt<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"featured_media":10721,"template":"","izvalgos_categories":[82],"class_list":["post-10724","izvalgos","type-izvalgos","status-publish","has-post-thumbnail","hentry","izvalgos_categories-interesting"],"acf":[],"_links":{"self":[{"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/izvalgos\/10724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/izvalgos"}],"about":[{"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/types\/izvalgos"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/media\/10721"}],"wp:attachment":[{"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/media?parent=10724"}],"wp:term":[{"taxonomy":"izvalgos_categories","embeddable":true,"href":"https:\/\/novitera.lt\/en\/wp-json\/wp\/v2\/izvalgos_categories?post=10724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}