Tag Archive for: Cemac Buyers Permit

How to buy Gold and avoid scams

How to buy Gold and avoid scams

We cannot look at how to buy Gold and avoid scams without telling you how it works. Our main focus will be the African Gold scam Minmidt.com.

Giving you insight on how to successfully buy gold in Africa without getting scammed. Scammers claiming to sell Gold in Africa have been around for decades and sometimes it beats us how people still fall for it.

These individuals target innocent individuals looking to invest in either gold mining or buy gold directly. It is very common hence we are ready to tell you how to avoid it. the Minister of Mines, Industry, and Technological Development Minmidt.com can do this through reviews and encounters with some of these vendors. There are times we contact them just to know how they operate and if they have come up with new strategies.

We will be looking at how to buy gold and avoid scams under the following headings.

  • How the scam works
  • Victims of the Gold Scam
  • How to spot a scam
  • What to do if you have been scammed

How the buy gold scam works: How to buy Gold and avoid scams

First you go online looking to buy gold and stumble on fraudsters posing as legitimate gold traders. What they use to attract you is their low prices. If they are selling they sell very low and if they are buying will buy at a very high price above market value. Because you are in Europe buying in Africa, they usually ask for an advance fee. This system was a little bit slow since no one was willing to pay in advance hence the scammers came up with another idea which is the Buyers Permit.

In this scam, you get the buyer’s Permit from the Ministry of Mines which will be used to ship the gold. The scammers claim they cannot sell out of the country without this permit. Once you get the permit, they ask for a delivery fee, and after that continue to ask for more money until you can’t give any more. This type of scam is mostly common in Cameroon.

Others will invite you to their country, show you real samples and after you pay disappear with no trace. This is mostly common in East Africa precisely Kenya.

Victims of the Gold Scam

Anyone can be a victim of the buy gold scam hence you shouldn’t be too hard on yourself. However, you can easily spot these scams if you are not blown away by the idea of making too much profit. The scammers target unsuspecting people who could be individuals or even big corporations looking to invest in Gold.

You find them online looking for people who want to make money fast. People with very little knowledge of the gold market and how it functions.

How to spot a gold scam

Whether you are looking to buy gold dore bars, bullion, or coins, there’s always a chance the person you are talking to is a scammer. This is why you have to be very careful and vigilant. If something is too good to be true then it is probably a scam and we say this with regards to the price. Sometimes scammers sell a kilogram of gold for as low as $17,000. This always attracts unsuspecting buyers who end up losing money.

Another thing to spot is the Buyers Permit. Scammers will send you to a fake Ministry of Mines Website that sells a Buyers Permit. These websites will verify their existence and tell you to go ahead with the transaction. Be careful for there’s nothing like a Buyers Permit. You do not need a permit to buy gold from any part of the world. Always check the reference websites they give you for most are fake. They clone the websites of the real institution and use them to verify their legitimacy.

If you notice any of the above, then stop all communications with them immediately. Do not end there, report them to us, and share their emails, phone numbers,s and other info so others won’t fall victim.

What to do if you have been scammed

If you were scammed trying to buy gold from Africa there are things you can do to get back part of your money. The first of which is to report to the authorities or your Embassy in the country you were scammed. They will easily know where to report the case and have the scammers arrested.

The scammers will try to convince you there’s nothing you can do Some will even threaten to arrest or kidnap but stay steadfast and report to the authorities. You can also contact us if you do not know what to do. Simply send us their information and we will do the rest all free.

Buy Gold in Cameroon scam

Buy Gold in Cameroon scam

We will be looking at the buy Gold in Cameroon scam, how the dealers operate, and what to expect, please visit Minmidt.com for more info on how to Avoid Gold scams in Cameroon.

Cameroon is a country in Central Africa very rich in gold and other precious metals. It has a population of over 25 million people. Because it is rich in gold, many investors come looking to buy gold and other metals. Unfortunately, most fall prey to scammers. The government has put up a very strong fight trying to stop this practice, but the scammers are not slowing down.

Browsing online, you will see many websites claiming to sell Gold in Cameroon 98% are scammers. These companies do not exist and cannot be verified by anyone. As always, they can fool people by offering cheap prices. Once contact has been established, they move with their plane which is making you buy the Gold mandatory Buyers Permit from the Ministry of Mines Cameroon. Note there’s nothing like the gold mandatory Permit. Send inquiries for more info on how to avoid the buy Gold in Cameroon scam.

gold mandatory Permit

The fake vendors are always quick to sign a contract and, on this contract, all the buyer’s terms are accepted, and sometimes discounts are offered on the already very low price. If you’ve had an encounter with any then you will testify that everything is so smooth. No advance payment, and the buyer only pay after the gold has been received and assayed in their country. However, the buyer is expected to get a gold mandatory Permit from the Ministry of Mines in Cameroon, Official website – MINMIDT.COM without which the Gold cannot leave the country.

The Buyer is then directed to a fake Ministry of Mines website to get the gold mandatory Permit. Browsing online you will notice Cameroon has about 20 different Ministry of Mines websites, all owned by different scammers. Once you agree to this and get the Permit, which usually costs $2,500 for a 1-year permit and $7,500 for 3 years the scammers move to the next phase of the Scam.

Shipping the gold

After getting the fake CEMAC buyer permit and signing the contract, the scammers ship the gold using a fake courier and send you the tracking code. A day or two into the delivery, you will be called and asked to either pay Insurance or more taxes claiming the gold is now in a different country. Sometimes they’ll ask you to buy a diplomatic seal which ensures the gold comes to you without any intervention and this goes on and on until you can’t pay anymore.

Getting scammed can be very traumatizing and it is the worst feeling ever. I wouldn’t wish that on my enemy which is why we set up this website to help.

How to Safely Buy Gold from Cameroon

Cameroon has a very big gold market mostly in the Eastern Region of the Country. That is where almost all the mines are located. Except for a few Chinese companies, they practice artisanal mining mostly done by the villagers. The gold mined is usually smuggled out of the country through the Central African Republic and Nigeria to avoid taxes. However, there are few legitimate companies and small local corporations that sell within the country. These are the people you should be contacting hence our job of linking buyer and seller in a genuine marketplace.

Our website features many vendor reviews but we also provide a list of safe places to buy Gold online in Cameroon and Africa. The best and only way to buy gold is from vendors recommended by us. Do not be fooled by cheap prices or thinking with just a permit of $5,500 you can get 500 kilograms of gold. Help us fight scams today by reporting fake vendors.

Difficulties in meeting gold vendors

Meeting gold vendors in Africa can be very difficult because most of them sell locally. The miners are very poor and live by hand to mouth with some earning less than $20 per month. Most of them are illiterate and those who are educated do not always have access to the internet. This makes reaching them very difficult.

With our sensitization, many have started creating their own Social Media pages and this helps them meet buyers worldwide. Scammers and fraudsters have also taken advantage of this opportunity to scam unsuspecting individuals. Our work for a very long time has been to expose these scams and linkup buyers directly with sellers.

You can also help clean the internet by going to our Scam Page and reporting any suspected fraudsters. This helps educate others hence they buy gold dore bars and avoid scam. Contact us to get more information on Gold dore bars for sale in Africa.

The CEMAC BUYERS PERMIT Scam

The CEMAC BUYERS PERMIT Scam

The CEMAC Buyers Permit scam has been around for a very long time and it is very popular amongst the fake Cameroon gold syndicates. It is a permit issued by the Ministry of Mines Cameroon to enable gold foreigners to trade in the CEMAC Region. Without this Permit, the gold vendor cannot sell or ship out of the country. This is the first step of the gold scam in Cameroon.

After contact with a Vendor and exchange of the letter of Intent, the buyer then moves to signing of the contract. This contract states that the buyer won’t pay any advance payment until the gold reaches his address. The ninth point on the contract though states the buyer will contact the Ministry of Mines and get the CEMAC Permit. This Permit will be taken to the Authorities and used to ship the gold out of the country. Contact us if you are looking to avoid the buy gold scam.

Fake Ministry of Mines in Cameroon

To get the CEMAC Permit, the buyer must go to the Ministry of Mines Cameroon. A contact number, address, and email is be provided by the scammer to the buyer. The buyer contacts the Ministry of Mines, gets the Permit, and transfers money through a Bank account, Western Union, or Money Gram. The fake CEMAC Permit usually costs $5,500 or $7,500 depending on the fake syndicate.

What worries us the most is the fact that people have refused to learn or even do simple research on Google. If you google Ministry of Mines Cameroon, you will see that there are about 20 different websites all carrying the same information. Scammers have cloned the original website and now use it to rip people off. When you make contact, they will give you a fake website and get you to pay for the CEMAC Permit.

What happens after I get the CEMAC Buyers Permit

After you get the CEMAC Buyers Permit, the scammers claim to have registered the gold with a courier and then send you a tracking number. These couriers are non-existent and created by them to fool you. They update the tracking information and then send you an email after 2 days asking for an insurance fee for the gold.

This will come as a surprise to the buyer but they have already invested by buying the CEMAC Buyers Permit hence have no option but to continue.

Once you get the Insurance which can sometimes cost as much as $150,000 depending on the quantity, the scammers ask for more. It can be a diplomatic fee or taxes in a new country. This will go on until the buyer runs out of money.

Conclusion

There is nothing like a CEMAC Buyers Permit and as soon as you meet someone telling you to get it, seize all communications with them. You can make a fortune buying gold from Cameroon but at the same time can also go to ruin. Be careful and do due diligence before engaging in any business deals.

If you or anyone is looking to buy gold from Africa, then send us an email and get a list of the vendors you can trust. You can also go through our website, read reviews and decide from which vendor to buy from.

Send inquiries today if you have any more questions about buying gold from Africa.

Ministry of Mines Cameroon Scam

Ministry of Mines Cameroon Scam

The Ministry of Mines Cameroon Scam has been around for a very long time and has cost many people millions of dollars read more Ministry of Mines in Cameroon Official website – MINMIDT.COM

Scammers have cloned the Ministry of Mines Cameroon website and now confuse vendors. This scam is highly related to the CEMAC Buyers Permit Scam as the vendor gets instructions on how to get the permit from these fake Ministry of Mines websites.

Looking online you will see the following Ministry of Mines Cameroon Websites; www.minmidtcm.com,  www.minmidt-gov.net ,  www.ministryofminescm.com ,  minmidtcam.com, min-midt-gov.com, https://ministryofmines.wordpress.com/and many others.

We have tried our best to sensitize people over the years but many still fall for these scammers. There’s nothing we can do at the moment except continue to educate people.

Our website minmidt.com is dedicated to helping gold buyers succeed in Africa. We provide vendor information and also educate on how to spot and avoid fake ones. If you are looking to buy Gold in Africa and think you are being scammed, send us their contact information now for verification.

Ministry of Mines Cameroon Scam
Ministry of Mines Cameroon Scam
Ministry of Mines Cameroon Scam
Ministry of Mines Cameroon Scam

Avoiding the Ministry of Mines Cameroon Scam

To avoid this scam is very simple and we have explained it in almost every post. To buy Gold from Cameroon or any other African country you do not need the Ministry of Mines. You do not need any permits or certificates.

If you are going to the Ministry of Mines for verification, make sure it is the right one. As you see in the first paragraph there are more than 8 different Ministry of Mines Cameroon Scam website. This can be very confusing as you will not know who to trust. Some even have WhatsApp numbers for communication. We do not think a Ministry of Mines will use WhatsApp as means of communication in any universe. These are some of the red flags people miss.

The Ministry of Mines cannot be communicating with a mobile phone number instead of a landline number. When you reason like this and put the small details together, you won’t fall for these scams.

What is the biggest scam red flag

No matter what the scammers say, they always try to make you pay for some permit or document. You are simply trying to buy and do not need to acquire any permit, certificates or stamps. Ministry of Mines Cameroon Scam, The seller is supposed to bring the gold to you. Because some vendors do not have the means, they might ask you to make an advanced payment which will go to take care of the delivery cost and their taxes. It is up to you the buyer to accept or deny.

Do not pay any money for Gold mandatory Permit. Contact your vendor, make an agreement with him and buy your gold. You can also visit the mines to see for yourself before buying and we consider this the safest way.

Gold mandatory downloaded application form

Cemac permit downloaded application form

How to obtain a Gold Mandatory application form with the downloaded version from the Ministry of Mines in Cameroon Official website – MINMIDT.COM

How to Apply for a Gold Mandatory Authorisation Buyer’s Gold License? You must visit Minmidt.com to buy the Cemac permit Gold License.

Gold Mandatory Permit License:Gold Mandatory application form

Any application for the grant of a mining title, authorisation, Gold Mandatory application form shall be addressed to the Minister in charge of mines in Cameroon. including one original stamp at the rate in force. The following documents shall be appended to the application

You can also order Gold Mandatory buyer’s Permit for Gold from Minmidt.com with Brinks shipping to your location. Is the CEMAC Buyer’s Permit Real or a scam? Gold Mandatory license is real and also a scam depending on who you decide to purchase from.

Get an EXIT Buyer’s Permit

Since Cameroon is an EXIT Member State, an EXIT Buyer’s Permit is required for the purchase of gold and many other precious stones. The process of getting the permit is easy. Simply go to the MINMIIDT official website, visit the permit download page, and download the EXIT Buyer’s Permit application form.

Gold Seller License

To obtain this license, you must meet the following requirements:

  • You must be a resident of Gold Mandatory application form for at least 12 months.
  • You must have a certificate that shows you have completed an apprenticeship program in gold selling.
  • You must have proof of insurance for $2 million from a company that is approved by CEMAC.

Invest in Gold

Are you looking for How to Invest in Gold in Cameroon?  BSLMGOLD is the best place to invest in Gold in Africa without getting scammed. How to obtain a Gold Mandatory application form with the downloaded version from the official Ministry of Mines in Cameroon paceoff.com.

The smart investor has always considered gold to be an integral part of a well-balanced portfolio. This is because of its role as a diversifier, due to its low correlation to most other asset classes. Gold is the ultimate wealth preservation tool; considered not only a hedge against inflation but also acts as a currency hedge, in particular against the dollar.