The lack of regulation or the presence of poor regulation is a huge red flag. It means Investment Analysts is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Investment Analysts, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Investment Analysts mandates a minimum deposit of $500 and offers payment options through credit/debit cards and bank transfers. Deposits via bank wire take 2-5 business days, while credit card deposits are instant.
Withdrawals through bank wire require 5-10 business days with an undisclosed fee, and credit card withdrawals are processed within 24 hours free of charge.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
Investment Analysts, an offshore broker, have garnered significant negative feedback online. Customers have reported substantial financial losses, problems with withdrawals, and poor responsiveness in customer support.
This consistent pattern of negative experiences suggests that the company does not handle complaints effectively or satisfactorily.
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.
Customer reviews of Investment Analysts are overwhelmingly negative. Numerous accounts describe significant financial losses, difficulties with withdrawals, and unresponsive customer service.
These accounts paint a troubling picture of the broker’s services, casting doubt over its legitimacy and reliability as a financial service provider.
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like Investment Analysts tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust Investment Analystsreviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Investment Analysts, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Investment Analysts enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Investment Analysts reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Investment Analysts.
You should always look out for consumer complaints. In the case of Investment Analysts, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees and charges
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Investment Analysts? You can share your complaint in the comment section or submit an anonymous tip.
Investment Analysts have been identified as a potential scam. The broker falsely claims regulation in reputable financial jurisdictions, such as the UK, Cyprus, and Australia, but lacks a valid forex license.
The Italian financial watchdog Consob has categorized Investment Analysts as an illegal financial website and ordered its blackout.
Engaging with this unregulated broker exposes traders to substantial risks, including jeopardized trading accounts and financial security. It’s strongly advised to avoid any dealings with Investment Analysts to protect your investments
Investment Analysts is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Investment Analysts can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Investment Analysts?
All the evidence suggests that Investment Analysts is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Is Investment Analysts a scam?
Can I withdraw money from Investment Analysts?
Where is Investment Analysts Located?
How do I get my money back from Investment Analysts?
Launch a website/app with a generic name
A website or app with a generic name allows scammers to hide behind common Google search results. Marketing such names is easier as well.
Pay influencers & social media pages to promote the scheme
By getting influencers and social media pages to promote their brand, scammers make their shady company seem more legit than it actually is.
Send thousands of emails and make cold calls to potential victims
It’s common for scammers to buy the contact details of people and spam them through email, phone calls, social media messages and other means.
Make victims feel safe through “small wins”
Such small wins usually include a few payments transferred into the victim’s account. This makes them seem more legitimate.
Convince victims into investing large sums of money
Due to the small wins, the victim is now convinced that the company is legit. Now, the scammers try to manipulate the victim into giving them larger sums.
Disable withdrawals & take down the website/app
Once the scammers have recieved a signicant sum, they either stop responding or cite a technical error to freeze their victims’ funds.
Repeat the cycle
After making the money, the scam will shut down and the people running it will launch another and repeat the cycle.