Caution! Startup-Invest is an offshore company! Your funds may be at risk.
Startup-Invest Key Features
🔴 Startup-Invest services are not trustworthy – a warning sign!
🔴 Startup-Invest is under no regulatory oversight – a red flag!
🔴 Startup-Invest lies about its address on several occasions – a red flag!
🔴 Startup-Invest creates irrational profit expectations – a red flag!
Startup-Invest Products and Services
Startup-Invest claims to be a rather unique investment firm – the company supposedly offers investments in startups around the world with incredible return rates – here is what investing with Startup-Invest can supposedly net you:
The website is only available in Russian, however the company’s ridiculous promises are clear to any reader – a ROI of up to 760%. Startup-Invest claims it is able to grant that within 72 hours too. This means the company is running a certain scam scheme – a HYIP. Stay away from companies that have similar obscene return rates, as they are never actually able to come through and fulfil their promises. The only thing that will happen if you invest with Startup-Invest is that your money will line the pockets of the scammers behind the firm!
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.
Startup-Invest Company and Regulation
Startup-Invest does not mention regulation even once on its website. This is incredibly suspicious, as the only companies that operate without any kind of license are scam ones. And depositing with such unlicensed companies also means you cannot expect any protections for your money – best stay away from them!
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.
Startup-Invest Address and Contacts
|Address:||Маршала Говорова ул., дом 49, Литера А, г.Санкт-Петербург,5 этаж|
Startup-Invest provides us with a whole lot of addresses – it claims to have one in Russia, in the UK, in Scotland and in Turkey. Of course, this is nothing but another lie from the scammers. They are not licensed in either one of these jurisdictions, when all of them have vastly different regulatory regimes. This means all of the addresses are false. Above we have provided the Russian one, but trying to reach the company there is futile. There is simply no way that Startup-Invest would let its victims know who really stands behind the company – especially since it is defrauding them!
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.
Startup-Invest.net Website Info
|SimilarWeb Ranking||None at the time of writing|
|WHOIS Reg. Date||2021-07-07|
|Owner||Redacted for Privacy|
|Administrator||Redacted for Privacy|
Is Startup-Invest Safe?
Startup-Invest is nothing more than yet another scam company out there. Such firms are commonplace and you need to always stay vigilant when considering who to invest with – otherwise, you risk getting your money stolen!
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.