Trademonkey .cc Scam Or Genuine? Trade Monkey Legit? Tureprofit Review
If you're looking to determine whether is a Trademonkey .cc legitimate website or a scam, and whether it's safe to trust Trade Monkey, then you're in the right place. Let's carefully have a Trademonkey review and determine its authenticity.
Safety Index:
Safety Index for Trademonkey .cc: 15/100 (illegal Ponzi Scheme)
Trademonkey .cc Website Highlights:
- Domain Name: Trademonkey .cc
- Website Name: Trade Monkey
- Email: support@trademonkey .cc
- Address: 97 Stottholm Road, Titirangi, Auckland, 0604 , New Zealand
- Website Claims: High rate of return
- Schemes:102% in 24 hours, 105% in 24 hours, 110% in 24 hours
Trademonkey Review – Pros and Cons To Identify Either Is Trademonkey .cc Scam or Genuine:
Pros:
- Hypertext Transfer Protocol Secure (HTTPS) protocol can be found on its website.
- It has provided the company address. (Before you fall for this address, we recommend you to follow the "Cons" below about company address and registration)
- Its website name match with its domain name.
- The email domain is directly associated with its domain name.
Cons (Drawbacks and Complaints):
- It is a Ponzi Scheme which is neither a legal nor a sustainable scheme. Legal authorities have already warned the 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 it is a Ponzi scheme because it doesn’t have any real source of income to pay profit to its members. It claims to pay unrealistic rate of return on the investment amount of members such as, 110% in 24 hours, but fails to provide the proof of its income source.
- Ponzi schemes, including Trademonkey, employ deceptive tactics by presenting genuine payment proofs to deceive people. Initially, they may pay a select few members by circulating funds among participants, creating the illusion of successful payouts. This strategy aims to entice more individuals to join the scheme based on these fabricated payment proofs. However, in reality, it is practically impossible to sustain payments to all members in a Ponzi scheme.
- These kinds of Ponzi Schemes will try to trick people by showing the company’s registration document registered from the United Kingdom or Hong Kong. But, don’t fall on that trick. Such kind of registration is not the license to run an investment company like this one, but just a registration for the tax purpose. In the past, lots of businesses with such company registration had been already turned into scam.
- Its business strategy match with multiple scam sites such as Bitcashdeposit, Btcusdtfund, Safeassets, etc.
Our Final Verdict:
After considering the information provided, it is evident that Trademonkey operates as an illegal scheme, making it a fraudulent business.
If you want to report something about it or add your own Trademonkey .cc reviews, then please feel free to leave your comment below.
You can find the lots of suspicious sites listed within our “Suspicious” category, you can find about various kinds of scams by scrolling within our “Scams” category, you can find a short review as above by scrolling within our “Brief Reviews” category, or you can navigate our website through our home page to find out the several interesting and knowledgeable articles under different categories by clicking >HERE<.
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FAQs:
Is Trademonkey a safe platform to invest in?
No, Trademonkey .cc is an unsafe platform for investment. It is categorized as a fraudulent Ponzi scheme. Investing in these schemes poses a significant risk of financial loss, and authorities have cautioned the public against engaging with Ponzi schemes due to their unsustainable nature.
What is a Ponzi Scheme?
A Ponzi scheme is like a fancy trick where someone promises you big profits for investing your money. They say you'll get rich quick! But here's the catch: they don't actually make money through any real business. Instead, they use the money from new people joining the scheme to pay off the earlier investors. So, it keeps going as long as new people keep joining. But when no one new comes in, everything falls apart, and most people end up losing their money. If you want to find out in detail what is Ponzi Scheme and how is it operated, then you can click this link: https://de-reviews.com/ponzi-scheme/
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