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1HourInve Review Update: The website is an utter scam and left members ruing the decision of investing.
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1Hourinve.com is allegedly one kind of an investment platform that can turn anyone into a millionaire within one week of joining. Unfortunately, the claims which they are making on the sales page are absurd and unrealistic. When we were investigating 1hourinve.com, we discovered a lot of false and misleading claims spread across the website.
The service has been around for 5 months and within this short time span, it managed to attract the attention of hundreds of investors – some ended up losing their funds to this scam. For that reason, we have decided to write a review of the 1hourinve.com because we do not want people to keep losing their funds with a service like this one.
In this review, we will give you all the reasons as to why you should never invest your money with 1hourinve.com because you are guaranteed to lose it all.
Note: You can trust these Crypto trading bots to generate profits.
The one thing that we are concerned with when reviewing such services is the owners behind those platforms. After searching this website, we found zero information about the creator or developer of the program. Every fake investment site will display these characteristics. 1hourinve is owned and operated by an anonymous entity and that means they are not transparent as it should be.
You see, the problem with this scam is that it is claiming to provide financial advice but is not regulated by any entity. That is a crime because all entities which are operating like 1hourinve are required by law to seek licensing before providing such services to the general public.
The website features some type of incorporation document on their site. This is addition to a physical address and contact information. The address in question is listed as Unit 11 West Calder Business Centre, Dickson Street, West Calder, West Lothian, EH55 8DY.
This address suggests that the entity is based out of the UK. So this prompted us to search for their details with the FCA which we did not find. That suggests that the entity isn’t licensed to provide financial services to the public. By the way, 1hourinve has never been registered by the FCA.
1hourinve claims that they were registered back in 2016. However, when we do a domain search on who.is, we discover that the service was registered in 2018 and not 2016. One might wonder whether this was done intentionally or accidentally. But the truth of the matter is that these dates were intentionally changed to imply credibility.
The moment we identified these discrepancies, it aligned with all other red flags that we had discovered.
These scammers don’t care about anything. They only care about you sending money to them. If you send money to them and try to contact their support requesting for a refund or reporting a problem, they will simply choose to ignore you.
A reputable investment service will never engage in unethical practices as they risk ruining their reputation. Only scammers don’t care about their reputation because they are always changing website domains.So even if they ruin the reputation of 1hourinve, they can always create something else.
This is a tough question to answer because the website does not reveal which markets they are trading. It is not clear whether they are trading Forex, Crypto, stocks, commodities or futures. The question we are asking is that without having the basic information about what this entity is trading, how exactly is a rational investor supposed to trust these crooks with funds?
These crooks could not even spare some time to make up a background story about their company. Most scams will come up with something. But this one seems not to care at all.
In reality, the model of business here involves collecting funds from new investors and using those deposits to pay old investors. You already know that this kind of operation does not work in the long term. In addition to that, 90% of investors will always lose money in this kind of operation because it is designed to steal funds from new investors to pay old ones.
Also, when we look at the unrealistic claims being made by 1hourinve, you realize that you can become a millionaire overnight. Unfortunately, these returns are not true and so becoming a millionaire won’t be possible at least with this scam. Perhaps only the owner of this website will become a millionaire because they are swindling many investors of their hard earned money.
These returns are paid on an hourly basis. However, if an investor needs a higher return, they are supposed to part with a larger amount. Returns are supposed to be paid on an hourly basis, meaning that investors can earn between 120% per hour up to 300% per hour.
What you have to understand is that such type of an operation is a scam that will never pay you a dime for the funds sent into their bank accounts. Like Biteroi and other scams that we have reviewed here, the site will just go down with your funds.
One thing you have to know is that the anonymous owner of 1hourinve knows very well that their time is quite limited with this scam. So what do they do? They come up with a lucrative referral program that promises to compensate those who refer this scam to others handsomely. This way, they can get the numbers and make a lot of money within a very short time.
The scam is compensating 12% of the deposit made by the investor. The scam is also heavily being promoted on high yield investment sites. At the end of the day, the owner and the promoters make money. You lose the money on the other hand.
You have to understand that 1hourinve is a dubious site whose mission is to steal funds from you. If you are a serious investor, please consider using these Crypto trading robots instead.
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