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Icomtech.io Review: Is icomtech a Scam?

Icomtech.io Review: Is icomtech a Scam?

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Icomtech.io is a Crypto currency investment website that claims in its mission statement that it wants to enhance the economic status of its members through mining and trading of Crypto currencies. Icomtech also claims that it wants to bring financial freedom to its members through fast payment, daily payment, binary payment and incentive bonuses. The website claims that their traders are trading Crypto currencies in major exchanges such as Bitfinex, Binance, Coinbase and Poloniex. With regards to the type of coins that they are dealing with, Icomtech claims that they are trading Bitcoin, Cardano, Litecoin, Bitcoin Cash, Monero and major other coins.

The other aim of Icomtech is to disseminate information about decentralized technology involving Crypto currencies such as Bitcoin. But we obviously have a problem with this website. These problems will serve as a basis for warning internet users not to invest any coin in this website. On the footer of the website, they cite the address Av. Guadalupe 5099, Jardines de Guadalupe, Zapopan, Jalisco, Mexico, C.P. 45030. However, it is not clear whether or not this address actually leads to the premises of the site. Moreover, the owner of this site is 100% anonymous. The directors and the top executives who run this project are 100% anonymous. Before they convince us that they are trading and mining Crypto currencies, there needs to be some proof of the same which the site does not produce.

By the way, it would have helped a lot with building their credibility if they introduced their operators to the customers whom they target with this project. Lack of transparency is the number one concern here especially now that the site is only accepting Crypto currencies for payments and not any other currency. This form of payment is associated with scammers and ponzi schemes because once a transaction has been completed, the funds can never be recovered whatsoever.

It also appears that visitors to this suspicious site have no way to contact owners of this site. There is neither a contact form or an email address that can be used to send a message to the admins of the site. This is a red flag. Most ponzi schemes and dubious sites operate like this simply because they don’t want their victims to get in touch with them. Once a victim has sent their money, the scammers will be done with them. They are not professional which is why they don’t need any contact with their target audience.

At this juncture, you might want to say this is a scam right away, and this is a completely fair verdict. You see, when we see these red flags, we should never take them lightly because they are a pattern that consistently show up on dubious websites which are known for stealing Crypto currencies from their users. So we have a right to say that indeed Icomtech is a scam.

If you want to invest in Crypto currencies, mine them with credible websites as opposed to losing money into the hands of scammers who claim to trade and mine Crypto currencies when all they do is to collect investors deposit with the aim of making an exit scam. In case you are looking for legit Crypto currency cloud mining companies that are operational today, we ask that you find out about them on this page. 

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Icomtech review

Now that ownership details have not been shared, we can only become more suspicious about the motive of this site’s admin. If you scroll down on the homepage, you will see 6 investment plans which have ridiculous promises of earning you a lot of returns within a short time. It seems that when you invest in any of these investment plans, you will be awarded a specific number of points which range from 150 points to 2500 points on the highest plan. All investment plans have a bonus of 20% and a binary bonus of between 16% to 21%. Daily bonus is up to 2.8%. As you can see, this kind of thing resemble how a ponzi scheme works. These bonuses are supposed to represent your daily earnings and if you add the total of the three bonuses which you will get, you will suddenly see that it is impossible to generate those earnings from a site that does not provide any proof of trading or mining of Crypto currencies.

Icomtech The Digital Future

The reason as to why Icomtech is because their bonuses are unrealistic and the site does not specifically go into the details with regards of how these funds are generated. But they have also hinted that they are a ponzi scheme. This is common logic. If they did not mention it and yet they are claiming to generate income for their members, then the only way income can be generated is through new member deposits.

There is also no evidence showing this site releasing payments to anyone. What they are stating is in text only but lacks evidence to show that the site is actually paying these bonuses. So this is a full blown scam actually. Because we do not know the whereabouts of the owners and their experience in any of the activities they claim to be engaged in, we can safely conclude that this is a big fraud.

What you should remember

Now that it is clear that Icomtech is a scam, you should remember some basic details. You see, one of the reasons that we have and a problem that we have cited with this scam is that the owners provide no way to contact them. But they are providing members with a way to send the funds to them in terms of Crypto currencies. With their anonymous nature, you cannot trust them at all. If you did, it would be disastrous. Having said this, we will close this review with a ward of caution.

Our best advice for you

This is a highly dangerous scam since they are asking for a minimum of $300 which means you will lose this amount. Mine with credible Crypto currency cloud mining platforms. 

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29 Replies to “Icomtech.io Review: Is icomtech a Scam?”

  1. I read your whole summary about Icomtech. I don’t know where you heard that this is a so called Ponzi scheme, I’ve invested and made money from it started in February aside from my job I’ve made about 5K with Icomtech. But we are all in power of our own point of you which I completely understand yours. Just wanted to give you a second view of Icomtech..

      1. Hi, another icomtech member here.
        Similarly to Josh here, I’ve made money with the company. Their address is in fact a registered business in Mexico. They have a new CEO and they’re expanding their reach and services. What kind of “evidence to our claim” are you looking for? I am reluctant to give you my wallet address or a transaction ID as I would like to keep my privacy but if you decide to invest you will see that you can deposit bitcoin into your account and if you wish, you could investigate the company. sign up with this link: https://icomtech.io/join-now/BLOCKICOM8

    1. The fact that there is no bank account and people are getting cash from new members and use the “bitcoin” they have in their back office to pay for them says a lot.

  2. They have recruited people here in the Philippines. Looking up the supposed CEO ‘Juan Reynoso’ will lead to a suspect LinkedIn profile. https://www.linkedin.com/in/juan-reynoso-5530461a. This is the person that they show in their powerpoint presentations but afaik he no longer is connected to the company, if he ever was. A person named ‘Juan Torres’ goes in Zoom meetings instead.

    1. I’ve heard Juan Torres in the Zoom.. Well our CEO is David Carmona, office is based in Tlaquepaque Jalisco (Guadalajara). I belong to the branch in California. They are full of l*** and only use you. Do not invest, right now we are having serious issues because of a migration they did to a better and advance website. The only problem is that under the new website all of our earnings from the previous did not get transferred and the old one is no longer available. So you pretty much lost your money. I had read that they is the way David Carmona and his group work but didn’t believe it. They make you believe they are migrating into a new System and during the process and after the process if you earnings didn’t get transferred they give you the run around until the websites are completely gone and then they use the excuse of we lost everything because it was invested in the new program. So be ware read more into whom they really are.

      1. This happened to me, the worse thing is the people who got me into the business knew all of these and they now I have no way to get in contact with them because I moved to another city and they simply won’t respond or return my calls or text messages, I lost 2000 to this bs scam. Don’t invest on this company it’s all a fraud and they get train to still your money, they come to you like if they know so much about finances.

    1. Hi jean can you tell me how contact this people because I did invest 1000 and lost it because they change the web, i can’t access to my account

    2. Jean, consegue me ajudar a retirar apenas 1 dolar do que investi ? se conseguir eu te pago 1.000 dolares me liga 11 98010 1108

  3. Was invited to one of their meetings and Icomtech is offering a raffle to win a mercedes benz or,moserati for new investors and 3 bitcoin for sponsors.
    They sound very unprofessional. Seems like a pyramid or ponzi. Yet people and so called restaurant owners were promising they double your money investment in 120 days. If they are scammers and working ilegally why have authorities not been alerted? How can you verify if they are legit?

      1. I have also asked that same question to my recruiter and he ignores all my messages on Whatsapp and the event speaker as well Moises but chooses to also ignore my messages.

  4. Big-time scam, folks. My wife just came to me saying she lost 2,500 to these guys. They put up false data on their site showing how much you’ve supposedly earned, but emails go unanswered and requests to withdraw money are not honored. Better off throwing money out the window.

  5. Icomtech has stolen 40 thousand dollars from me and my dad. Do NOT trust this company. They are only taking advantage of our Latino community that works so hard to earn their money.

    Icomtech le ha robado 40 mil dólares a mi y a mi papa. No confíen en esta compania, se quieren aprovechar de la comunidad Latina que trabaja tan duro para ganar su dinero.

  6. To be honest,I think some people just want to get money for not doing nothing.They try to convince you so much,but they are just ling it is very sad.I just need to know how we are getting money back from this id**ts.

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