Moneyprogram.biz is an online investment platform which supposedly generates returns of up to 3500% after 24 hours. The return claims are outright lies.
This service has been operational for around 8 weeks as of publishing this review. While we were investigating this service, we found a lot of false claims and inconclusive factors which proves that, this platform is not at all reliable and trustworthy.
Read our full review to find out why we urge everyone to stay away from this nasty ponzi scheme.
Creator, Company and Support
There isn’t much detail about the entity behind this platform. Every fund manager or investment experts always reveal their identities in order to maintain transparency and instill confidence among the investors. These faceless scammers have maintained an anonymous profile as they are aware of the offense they are committing.
The firms which is engaged in providing financial advice and services to the public are required to be regulated by FCA. While we were trying to find any certificates confirming license they must lawfully hold, there weren’t any.
We have confirmed through FCA Moneyprogram.biz has never been licenses thereby operating illegally.
These scam artist have put up some kind of registration certificate on their website to look genuine. Here are some of the address and contact details
The only way to reach the support team is through email.
Email – email@example.com
How does Moneyprogram.biz Work?
This firm states that it is actively involved in cryptocurrency trading but does not provide any detail. We have no idea which trading system it follows. There is no verifiable track record of these self proclaimed investment experts and traders.
We have no idea about their trading approach, risk management profiles and money management systems. Since the crucial aspects of trading are not discussed, seems like they are just filling their pockets with the clients money.
How can they expect the investor to trust this firm without knowing how the funds are utilized and allocated?
What kind of profits does Moneyprogram.biz offer?
After looking at the returns this firm claims to generate, you can become a millionaire within a week sadly that is not true. The returns claims are all fake. There are different investment packages offered by this platform wherein for higher returns the investors have to increase their initial deposit. Here are the details of the investment plans
18% Hourly for 7 Hours
14% Hourly for 14 Hours
250% After 3 Days
700% After 6 Days
1600% After 12 Days
3500% After 24 Days
This firm encourages its users to refer more people on to their platform and rewards them handsomely for doing so. The affiliates are paid a percentage of deposits made by their referrals. This firm even provides a way to monetize the social media traffic.
In case if you were wondering, remember it is not mandatory for the affiliates to be an active investor to get their pay check which is the main reason why many websites out there promote this platform.
Deposit and Withdrawal
The e-currencies accepted by this platform are Bitcoin, Litecoin, BitcoinCash, Dash, Ethereum, Dogecoin, PerfectMoney, Payeer and advcash.
One of the main reason why this platform allows a lot of cryptocurrencies as a payment method is because it is harder to track the transactions.
According to whois.com this domain was registered on 06/06/2018 and expires on 06/06/2019
This website has a global rank of 1,184,241 and it ranks 544,087 according to alexa.com.
The majority of the users coming to this website are from United States, Pakistan, Bangladesh, Russia and Israel.
Is Moneyprogram.biz a Scam?
If this platform was really genuine and their strategies worked, why are they hesitating to give provide demo account to the users so that they can assess the effectiveness of their software in real time. The answer is simple, they don’t have a clue about trading.
Moneyprogram.biz Review Conclusion
Moneyprogram.biz is a HYIP scam which will start out by paying the clients initially but once they have made enough money, they will disappear as and when they please.