Title

THE LIVED EXPERIENCES OF VICTIMS OF INVESTMENT SCAMS

Author(s)

REYES, CHRIS LLOYD C.

AMAMIO, PAUL JOSEPH

JANGULAN, DANIEL S.

LABASTIDA, PIRFE B.

Affiliation

MISAMIS UNIVERSITY

Degree Program

Bachelor of Science In Criminology

Contributor

DANIEL, EDMAR R. - ADVISER

GUPIT, ELMA FE E. - PANEL MEMBER

CANAPE, BERNAFLOR B. - PANEL MEMBER

CUEVAS, JOSE JR. F. - CHAIRMAN

ORONG, MARKDY Y. - INSTRUCTOR

Year

2026

Abstract

Investment scams have become a growing social concern due to their severe financial, emotional, and psychological consequences on victims. This study utilized a qualitative phenomenological research design to explore the lived experiences of victims of investment scams in Misamis Occidental, Philippines, saturation of data obtained in four (4) participants of the study who had directly experienced scam victimization. Data were collected through in-depth semi-structured interviews, supported by focus group discussions and observational notes, and were analyzed using Moustakas’ phenomenological reduction framework. The analysis revealed six major themes: emotional and psychological distress, financial hardship and life disruptions, loss of trust and social challenges, deferred dreams and interrupted goals, faith and spiritual coping, and acceptance and self-reflection. Findings showed that victims experienced guilt, shame, anxiety, despair, and betrayal, which significantly affected their daily functioning, relationships, and overall well-being. The study highlights the need for integrated support systems, including mental health interventions, financial education, and community-based programs, to promote recovery, resilience, and the prevention of further victimization, while contributing to policy development and victim protection efforts against investment scams.

Keywords

emotional impact, investment scams, lived experiences, phenomenology, psychological effects, recovery strategies