Caution! FutureGreenInvestments is an offshore company! Your funds may be at risk.
FutureGreenInvestments Key Features
🔴 FutureGreenInvestments services are not trustworthy – a warning sign!
🔴 FutureGreenInvestments claims to be licensed by the FCA when it is not – a red flag!
🔴 FutureGreenInvestments lies about its address and whereabouts – a red flag!
🔴 FutureGreenInvestments creates irrational expectations – a red flag!
FutureGreenInvestments Products and Services
FutureGreenInvestments is yet another online scam that relies on creating unrealistic expectations of obscene profits in its clients. The company’s scheme can best be explained by us taking a look at the investment plans it has available:
If you are a savvy investor, you will know that there is no way for FutureGreenInvestments to guarantee you even the lowest tier of investment plan’s returns. This is because a daily return of 3% would add up to a monthly return of 90%! And if FutureGreenInvestments were able to be so insanely profitable, it surely would not have made its service open to the wide public! The company would instead only server the people behind it – in other words, they would simply run the FutureGreenInvestments scheme with their own capital and become obscenely rich without needing your money! What FutureGreenInvestments is is a HYIP – be careful!
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.
FutureGreenInvestments Company and Regulation
FutureGreenInvestments is not a licensed company, even though it claims to hold the approval of the UK’s FCA. This is easily disproven if you go to the register of the regulatory body and look FutureGreenInvestments up – you will not find the firm within the records there!
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.
FutureGreenInvestments Address and Contacts
|Address:||Los Angeles CALIFONIA, United States|
FutureGreenInvestments does not have its real contact information available – and even on the face of it, it is quite obvious the firm lies about where it can be found. This is because the UK and the States have vastly different regulatory regimes – FutureGreenInvestments pretends to be licensed in the UK, but claims its address is from the States, which is not possible. Not to mention that an address like Los Angelis, California US is not really anything specific! FutureGreenInvestments is certainly not running its scheme from there!
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.
Futuregreeninvestments.com Website Info
|SimilarWeb Ranking||None at the time of writing|
|WHOIS Reg. Date||2021-12-13|
|Owner||Redacted for Privacy|
|Administrator||Redacted for Privacy|
Is FutureGreenInvestments Safe?
FutureGreenInvestments is not a safe place for your money. What the company is instead is a scam – stay away from it and do not fall for its promises of lucrative returns – they are all false!
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.