Yes, ProfitHans.com is a scam site because its business model is not legit. We don’t deny that sites like “Profit Hans” may pay few members at starting, but they will not pay the majority of members at the end. OK, let’s find out in detail why is ProfitHans.com a scam, what makes Profit Hans a scam and what is ProfitHans.com in real through our Profit Hans review here.
So, let’s begin with our ProfitHans review.
Profit Hans is a fraudulent website due to the following reasons:-
# ProfitHans.com is a Ponzi scheme which is neither a legal nor a sustainable scheme. Legal authorities have already warned the general public to stay out of the Ponzi scheme due to its unsustainable nature. The majority of members will lose their money in Ponzi scheme and only a few ones who join the system at first will make some few bucks due to which you will find out some few people who promote and support some Ponzi schemes.
# We can say “Profit Hans” is a Ponzi scheme because it doesn’t have any real source of income to pay profit to its members. It claims to pay up to 50% profit hourly for 3 hours on the investment amount of members by using the money of members in Forex Market, Stock Exchange, and Cryptocurrency Market. However, none of the experts in the Cryptocurrency Market or Forex Market or Stock Exchange field can guarantee such a high amount of return hourly by doing any kind of trading. On top of that, ProfitHans even fails to provide the proof of its investment in Forex Market or Cryptocurrency Market or Stock Exchange which proves it doesn’t have any real source of income and only can pay members by routing the money between the members which is not a sustainable business.
# All the Ponzi schemes like ProfitHans trick people by showing the real payment proofs because they pay few members at starting by routing the money between the members so that they can lure more people into their scheme by showing those payment proofs. However, it is practically not possible to pay all members in that way because when they pay one member, they need to use the money invested by at least other two members so that they can pay the principle and profit to that one member. But, whenever they pay members in that way, they will create a debt equal to the amount of profit that they use to pay the members. So, even Ponzi schemes like ProfitHans want to pay all members they can’t because day by day the debt will be kept on increasing and they will not have enough fund to pay all members. That’s why Ponzi schemes like “Profit Hans” are illegal schemes.
# ProfitHans has tried to trick people by showing the company’s registration document registered from the UK Companies House in the name of Profit Accountants Limited. But, don’t fall for that trick. Lots of Ponzi schemes in the past had already turned into scams which were registered from the UK Companies House. Actually, it is very easy to register a company in the UK Companies House by providing the virtual address which you can rent from the virtual address provider services as well as by providing the third person identities. Even you can register a company in the UK Companies House without a big hassle. On top of that, such kind of registration is not the license to run an investment company like ProfitHans.com (Profit Accountants Limited), but just a registration for the tax purpose. On the other hand, there is not any proof that proves ProfitHans.com is linked with Profit Accountants Limited.
# “Profit Hans” also operates another illegal scheme known as a Pyramid scheme because any company which pays referral commission up to multi-level downlines without selling any real products or services is known as a Pyramid scheme. ProfitHans is also claiming to pay referral commission up to 3 level downlines but without selling any real products or services, just on the sales of its Ponzi ROI plans. So, this makes ProfitHans.com a Pyramid scheme as well.
Now you know that ProfitHans.com is a combination of two illegal schemes which are Ponzi and Pyramid schemes. So, ProfitHans is a scam. That’s why we have listed ProfitHans within our “Scams” category.
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