Beware! Virtualglobalcooperative is an offshore broker! Your investment may be at risk.
Virtualglobalcooperative Key Features
🔴 Virtualglobalcooperative services are not trustworthy – a warning sign!
🔴 Virtualglobalcooperative is under no regulatory oversight – a red flag!
🔴 Virtualglobalcooperative is not transparent and does not provide sufficient contact information – a red flag!
🔴 Virtualglobalcooperative creates irrational expectations – a red flag!
Virtualglobalcooperative Products and Services
Virtualglobalcooperative is a scam company that claims to have no less than three business models – here is what they look like:
The firm claims to provide access to an advertisement service, to loans, and to an investment service. Now, there is no way that taking out a loan from an online firm like Virtualglobalcooperative is a good idea – as you will see below, the firm is completely unlicensed, and regulation is incredibly important in the banking sector. And there is even less reason to take out a loan with a firm that promises it is able to achieve the return rates that are supposedly possible with Virtualglobalcooperative – 25% each month.
There is no way for a firm to achieve such profit rates within a year – much less a single month! The firms that claim the opposite to be true are simply running various scams – stay away from them and make sure you are not dealing with a company that overpromises to such a wild degree! However, if you consider it possible for Virtualglobalcooperative to be able to achieve these insane return rates, ask yourself – if that were the case, why would the people behind the firm not take out a loan, invest their own funds in their scheme and become rich beyond imagine without needing to invest other people's money or pay them a cent? The fact they have not done so means Virtualglobalcooperative is a scam!
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.
Virtualglobalcooperative Company and Regulation
Virtualglobalcooperative is not licensed – it does not claim to be either! Stay away from such unlicensed firms and make sure you are only dealing with legitimate companies instead!
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.
Virtualglobalcooperative Address and Contacts
| Address: | N/A |
| Phone number: | N/A |
| E-mail: | [email protected] |
Virtualglobalcooperative does not have its contact information available – another scam sign to watch out for!
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.
Virtualglobalcooperative.com Website Info
| SimilarWeb Ranking | None at the time of writing |
| IP | 104.21.55.243 |
| Server Country | USA |
| WHOIS Reg. Date | 2021-04-28 |
| Registrar | NAMECHEAP INC |
| SSL certificate | Valid |
| Owner | Redacted for Privacy |
| Administrator | Redacted for Privacy |
Is Virtualglobalcooperative Safe?
The bottom line on Virtualglobalcooperative is that it is running a malicious HYIP scam! Avoid the company at all costs!
Scam Warning
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.