Bpayment.biz is an investment firm which claims to generate returns of up to 30,000% after just 3 days with no risk associated. One look at their website was enough for us to find all the disturbing facts behind this fraudulent program.
This program has been active for around 8 weeks as of writing this review and within this short while has earned itself a bad reputation because all they have to offer it empty promises.
Continue reading our full review to find out all the alarming signs of a HYIP scam sprinkled around this website.
Creator, company and Contact Details
If you look around the About Us section of this website, you will find just stock photos of the alleged team members who have supposedly a track record of being profitable in trading. Do not believe them as they are all fabricated stories.
The actual creators behind this platform have maintained complete anonymity in order to avoid criminal prosecution.
Remember when it comes to investing online lack of transparency means you are most likely looking at a scam.
All the firm which offers financial services to the general public in United Kingdom are required to be regulated by FCA. Since this company refuses to share any details about their registration, it is most probably illegal and not authorized to raise money from the public for investment purposes.
The physical address of this firm – 746 Roberts Road Findlay, OH45840
The support team can be contacted through telephone and email.
Telephone – This feature is supposedly for VIP members only (whatever that means)
Email – email@example.com
How does Bpayment.biz Work?
Bpayment.biz claims to be engaged in Forex and Bitcoin trading but fails to provide us with any sort of verifiable performance report showing the maximum win rate and draw downs achieved by their so called expert traders.
The sole reason why no report exists is because these faceless scammers are not involved in the financial markets in any way. They are literally filling their pockets with the client’s money.
They state that their traders have developed really profitable strategies which are able to provide stable and significant income which are able to guarantee high profits with zero risk. There is always risk present in trading, you can reduce the risk exposure but there is no way to eliminate it completely.
The narration provided on this website is so vague and it does not provide any insights about how the funds are raised and allocated. We are not told which parameters are considered before executing a position.
Any person who has experience in the financial markets will never indulge with this firm.
What returns are offered by Bpayment.biz?
By looking at the types of returns offered by this platform, you are guaranteed to be a millionaire within weeks and have everything you have ever dreamed of but sadly that is not the way the world works.
These scammers are targeting inexperienced investors by claiming to earn significant amount of money completely risk free.
There are 3 investment plans offered by this platform
500% after 1 Day
Minimum Deposit – $30
Ref. Commission – 3%
3000% after 2 Days
Minimum Deposit – $300
Ref. Commission – 5%
30,000% after 3 Days
Minimum Deposit – $3,000
Ref. Commission – 10%
Do not be gullible enough to trust these type of returns as they are impossible to achieve.
There are a lot of testimonies put up on this website wherein the so called early users explain how this platform helped them become financially free and earned them significant income.
Do not believe them for any reason as they are from fake user profiles with stock photos purchased or stolen from other websites.
Ask yourself why would they put up fake testimonials unless they have something to hide from us?
These scam artist know that they can’t operate for long. So in order to get maximum amount of money through registration, they provide incentives for anyone who promote their platform.
The affiliates are paid up to 10% of the deposit amount made by their referrals.
In addition to the incentives, they also provide the affiliates with promotion and marketing tools.
According to whois.com this domain was registered on 19/03/2018 and expires on 19/03/2019.
This website has a global rank of 1,434,174 and it ranks 155,185 in India according to alexa.com.
The majority of the traffic to this website is coming from India, Indonesia, Bangladesh and Pakistan.
Deposit and Withdrawal
The deposit and withdrawal methods supported by this platform are Bitcoin, Bitcoin Cash, ETH, Litecoin, Perfect Money, Payeer, bankwire, WU and advcash. The time taken for processing withdrawals is not specified.
Is Bpayment.biz a Scam?
Bpayment.biz is just a HYIP website which can and will disappear with your money whenever they like. Never give these criminals a chance to run away with your hard earned money.
Bpayment.biz Review Conclusion
Bpayment.biz is an obvious scam you don’t want to indulge with. Despite our warning if you want to try them out say goodbye to your money.