Caution! Cisco-financial is an offshore company! Your funds may be at risk.
Cisco-financial Key Features
🔴 Cisco-financial services are not trustworthy – a warning sign!
🔴 Cisco-financial is under no regulatory oversight – a red flag!
🔴 Cisco-financial is not transparent – a red flag!
🔴 Cisco-financial creates irrational expectations – a red flag!
Cisco-financial Products and Services
Cisco-financial is an unlicensed firm that claims to provide access to incredibly lucrative investment services – here is what Cisco-financial claims is possible for clients that buy one of its investment plans:
Of course, it is not possible for anyone to achieve such staggering profits – and if it were possible for Cisco-financial to do so, you would not have heard of it at all! The people behind the firm would have taken out a loan and become rich beyond imagine! The fact they have not done so means that Cisco-financial is nothing but a HYIP scam! Avoid companies that overpromise, they never deliver on it!
HYIP stands for High-Yield Investment Programme and these businesses usually promise higher ROIs (return on investment) than usual. In some cases, the offers are just ridiculous- up to hundreds and thousands of percentages per day, which certainly can’t happen. To draw a comparison, even the wealthiest banks or investment funds are not capable of delivering more than 10% per year, let alone per day or week. Therefore, the products and services assessment suggests that you’ll be at risk if you deposit.
That being so, it’s worth considering trendy alternatives that can help you build an extra income, such as Forex brokers PAMM managed accounts, social trading or crypto services that may as well fulfil your investment needs. For example, many cryptocurrency exchanges already provide passive income opportunities like BTC and ETH staking but make sure to subscribe to well-known, proven networks.
Cisco-financial Company and Regulation
Cisco-financial is not licensed, and it does not mention regulation. So how can the firm be legitimate, when there is no-one its clients can turn to and report abuse? The answer is quite simple – it cannot be!
The lack of regulation implies that the people operating this HYIP are working unchecked, meaning they can misuse or misappropriate your funds, eventually bearing no responsibility for their actions. To draw a distinction, regulated investment companies are forced by law to follow certain rules that guarantee the safety of clients’ funds. For example, to get a license, a firm should meet minimum capital requirements that vary from country to country and may also depend on the product specification as there are many types of investments possible- stocks, bonds, mutual funds, banking products, fixed-income, retirements and so on.
In the US, the minimum capital requirement is 20 million USD, which happens to be among the heftiest in the world. Other than that, US financial services companies are also required to keep accounts segregated, thus ensuring that clients’ money can’t be exposed to unnecessary risks or stolen. However, it’s worth noting that the US regulatory framework is very complex as there are numerous financial authorities, among which NFA, CFTC and SEC, to name a few, and all of these monitor companies in one way or another. The US markets may be tricky for the ordinary investor, so make sure to acquaint yourself with the environment before you’ve wasted money on potential scams like the one under review. And you’d better avoid unregulated investment businesses at all times.
Cisco-financial Address and Contacts
|Address:||300 East Tasman Dr. San Jose, CA 95134 USA|
Cisco-financial does not have its real contact information available. This is a classic among scammers as well – they simply do not wish for their victims to be able to seek any kind of justice once they have been scammed. It is therefore important to always make sure you know who you are dealing with!
When it comes to investing, transparency is crucial as you should know who’s running the investment and where your money actually is. Legit firms always operate transparently and are bound by law to provide the public with basic corporate information, including addresses, contacts and legal documents disclosing all provisions related to the service. And our experience shows that it’s most probably a scam if you can’t reach anyone over the phone given, can’t validate the addresses or can’t in any other way prove that the investment provider has the authorisation to offer financial products.
Cisco-financial.com Website Info
|SimilarWeb Ranking||None at the time of writing|
|WHOIS Reg. Date||2022-03-12|
|Owner||Redacted for Privacy|
|Administrator||Redacted for Privacy|
Cisco-financial is affiliated with more scam companies, as the firm is not the first HYIP we have covered that uses the IP address it has. This is quite common among scammers – due to the nature of their scam, they seek to operate several websites at once. This makes it more likely they will not have all of their companies shut down by regulatory action. It is concerning for the victims of Cisco-financial that they have been conned by such scammers, however – it speaks to a high level of danger of their activities! Stay away from Cisco-financial and the firms is is affiliated with, shown below:
Is Cisco-financial Safe?
Cisco-financial is a scam, which you need to avoid!
Dealing with HYIPs and other unregulated investment providers is not recommended for many reasons. Above all, the absence of regulation strongly suggests a scam as only regulated firms are authorised to provide investment services. As you probably guess, scams can’t flourish in a strong regulatory environment, so you’d better think twice before you’ve deposited with unregulated investment schemes.
The authorisation is only granted when the firm complies with the requirements and standards, which guides how the entities should treat you as a customer and what sort of information they should give you. Each country’s regulator maintains a register of licensed firms and the investment services that each licensee is authorised to provide. On the other hand, unauthorised firms aim to avoid complying with the controls that legal, authorised entities are subject to, thus leaving investors entirely unprotected. Needless to say, scammers want to get you totally unprotected, and that’s why they always work without a license.
As for HYIPs themselves, many of these schemes operate precisely as a Ponzi because many investors can actually withdraw initially, but sooner or later, the service will inevitably close. HYIPs usually target traders and investors with little or no experience by promising fictitious investment opportunities said to deliver unrealistically lucrative gains. 10% or 100% per day certainly isn’t a legit offer.