Caribbean-dream.biz is an online investment opportunity which claims to generate returns of up to 1% daily. This website appears pretty gimmicky at first glance.
While we took a through look at this service, it was quite confusing and contain a lot of inconclusive factors. This firm is operational for around 3 months as of writing this review.
If you are considering to open an account on this platform, continue reading our complete review to know why we recommend everyone to use caution while dealing with this platform.
Company and Contact Detail
Companies which raises money from the public for investing and allied activities are required to be regulated and authorized be certain authorities depending upon the physical location of the firm.
Since Caribbean-dream.biz has not revealed any of the registration details, we strongly believe that they are operating illegally and have no right to provide financial services to the retail investors.
If you encounter any kind of problem on this platform the support team can be reached through email and contact form provided on their website.
Email – firstname.lastname@example.org
How does Caribbean-dream.biz work?
This firm states that they choose the most promising investment sectors of the economy after the careful analysis of their financial indicators of growth and development. This narration does not provide much detail and is highly inconclusive.
The important factors of trading like risk and money management are never discussed. We do not know which indicators or parameters are considered by them before opening a position. The lack of information is very uninspiring.
What kind of returns are offered by Caribbean-dream.biz?
There is only one investment plan featured on this platform which supposedly generates 1% per day. This number might appear believable but it adds upt o 30% on a monthly basis which is more than what legitimate firms can ever offer.
Ask yourself if this platform could really generate returns as advertised with little to no risk associated, why would they offer it for free?
This firm encourages its existing users to refer more people on to their platform.
The affiliates are offered attractive incentives for every investor they bring in and it is not mandatory for the affiliates to have an active deposit in order to collect their commissions.
According to whois.com this domain was registered on 05/04/2018 and it expires on 05/04/2023.
This website has a global rank of 1,322,629 and it ranks 13,785 in Switzerland according to alexa.com.
This service specifically targets users from Switzerland, Russia and Ukraine.
The website is advertised on many of the HYIP monitoring websites which is why they are climbing the ranking at such a fast pace.
Deposit and Withdrawal
The only payment method currently accepted by this platform is PerfectMoney. The minimum deposit amount is $10. The minimum withdrawal method is not stated anywhere on their platform.
There isn’t any information regarding the transaction fees. The time taken for withdrawals is not specified.
Is Caribbean-dream.biz a Scam?
Operating without a license and not providing any auditory records while only showcasing the type of returns are some of the common traits seen in investment scams.
There isn’t a single thing on this platform which makes it trustworthy and reliable which is why we suggest everyone not to mess around with it.
Caribbean-dream.biz Review Conclusion
This platform is most likely a ponzi scheme which will pay in the initial days but realize the fact that they are using the money from the new investors to pay up the old ones, as you know this model is unsustainable. Once they have made enough money, they will vanish and since there is no company information we cannot find them either.