Solidspend.best Review Is Solid Spend Scam or Should I Invest

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Solidspend.best Review: Is Solid Spend Scam or Should I Invest

Solid Spend Review: Scam or should I Invest? SolidSpend is offering enticing investment plan. Is SolidSpend.best legit? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams. In this review we provide you information based on our investigations and user experiences to help guide you make the proper decision.

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Solid Spend Review: Disturbing Things Found

Though this site might appear legit to a newbie, the truth is that it is just a wishy washy HYIP designed in such a way to convince unsuspecting investors. Most of this scam quick-profit investment schemes are HYIPs. What is a HYIP?

It is a just a type of ponzi scheme. Initial investors only get paid when new people sign up and invest, what this means is that you are under pressure to bring in new investors so that you will get paid. As soon as the amount of new investor drops, the owners do away with the money invested, and the site is closed down since there is no longer enough money to pay initial investors. Those that benefit most times are the first investors. The system is not sustainable because it will surely shut down abruptly leaving your money trapped in the hands of the scammers that set it up initially.

Most of them provide a registration certificate and so-called evidence of payments. Don’t be deceived, anybody could get a sham address and certificate most especially from the Company House in UK which most of them use, for just £5. These companies claiming to be located in the UK or similar countries are not in actual sense located there.

Sometimes these platforms might pose as an investment platform, doubler platform or even a mining platform. Often times they might run an ads through the google ads academy or even get a youtube ads making them look legit. But the truth is that they do not have the equipment that make them what they claim to be. Rather what they do is circle the funds of investors, and when they have made a lot of unsuspecting investors trust them, they stop paying.

How To Know a SCAM HYIP

It is true that most of this high yield investment platforms look like the real deal, thus confusing us.However, there are various ways to find out if an investment platform is a lackluster HYIP or if it a trusted investment platform. Below are ways you could find out-

  • ROI- The returns offered. Are they sustainable? Can the funds be shuffled round and get to every investor? are the offers realizable?
  • History- Does the platform have a history? Can the company behind it be found online?
  • Transaparent– How transparent is the information on the website?
  • Contact– Can you reach them? Is the address made available on the platform?

solidspend.best i s not a legitimate investment platform . Don’t be deceived by their promises.

Conclusion-

Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. .On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.

Our Recommendation

They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.

Solidspend.best Hyip review : 118%hourly for 4 hours

Table of Contents

About Solidspend.best

Solidspend.best If you are in search of reliable investment directions and want to get a steady income for a long time – you’ve come to the right place! The company is proud to offer high-quality trust management service and effectively manage your assets for maximum benefit. Solid Spend is involved in trading on both markets Forex and securities since 2020. During this time they have proved only with the best hand and won the trust of thousands of customers worldwide. Today the company is also opened to you! Use the knowledge and great experience to multiply your investments. the professional traders are at your service every day – regardless of the circumstances they generate profit 7 days a week. Your money is working for you all the time while you have an active deposit! Minimum investment package $10 will be acceptable for any of you! Free registration, round the clock service and fast payments are advantages and features of the company. Without a doubt, they will offer the best cooperation terms in the financial services market. Return on your investment is guaranteed, no matter what happens! Just a few steps separate you from success! Go through short registration on our website and choose one of the most successful investment strategies. You can also become the partner and receive a 7% bonus for attracting new investors. Don’t limit yourself to get maximum profit! Feel the power of the investments and be successful with Solid Spend today!

Important Details

Min Investment $10.00
Suppoprt 24/7
Avg. Refer Rate 5 Level Refer System 5% – 3% – 2% – 1% – 1%
Payment Type
Company Type Hyip
Hosting Cloud Flare
Add Time 12/09/2020

Investment Plan Of Solidspend.best

Best Management Team

Solidspend.best is managed by a professional management team . the Team invest and allocate your funds in ways that create the greatest long-term returns for you. But don’t just take the word for it! Find out for yourself!

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Fast Withdrawals

Solidspend.best process all withdrawal requests within a few hours or even minutes and without any fee. You can make as many requests as you want without minimum withdrawal amount.

24/7 Friendly Support

Solidspend.best provide unbeatable support via email to cater your needs and get a professional , fast and effective response .

Secure System

Solidspend.best was created using secured and licensed script, the highest DDOS protection and COMODO SSL encryption. This means absolutely secure communication between the server and investors.

Refunds

Solidspend.best is going to be the most popular and trust-able company which providing to clients reliable and highly profitable investment around the globe.

Invest

To make a investment you must first become a member of Solidspend.best hyip. Once you are signed up, you can make your first deposit. All deposits must be made through the Members Area. You can login using the member username and password you receive when signup.

Direct Deposit

Yes! To make a deposit from your Solid Spend HYIP account balance. Simply login into your members account and click on Make Deposit ans select the Deposit from Account Balance Radio button.

Investment scams

Protect yourself from investment scams

Page reading time: 6 minutes

Be suspicious of anyone that offers you easy money. Scammers are skilled at convincing you that the investment is real, the returns are high and the risks are low. But there’s always a catch.

How to spot an investment scam

There are three main types of investment scams:

  • The investment offer is completely fake.
  • The investment exists, but the money you give the scammer doesn’t go towards that investment.
  • The scammer says they represent a well-known investment company – but they’re lying.

In any case, the money you ‘invest’ goes straight into the scammer’s bank account and not towards any real investment.

How scammers get you to invest

To get you to give them your money, a scammer may tell you they’re offering:

  • high and quick returns or sometimes tax-free benefits
  • share, mortgage, real estate or virtual currency investments, ‘high return’ schemes, option trading or foreign currency trading
  • an opportunity with no risk or low risk, because you will:
    • be able to sell anytime
    • get a refund for non-performance
    • have insured or ‘guaranteed’ transactions
    • be able to swap one investment for another
  • inside information, the opportunity to invest before a public float or discounts for early bird investors

Warning signs of investment scams

The investment offer may be a scam if the person:

  • does not have an Australian financial services (AFS) licence or says they don’t need one
  • rings you repeatedly, keeps you on the phone, or emails you a lot
  • says you need to make a quick decision or you’ll miss out on the deal
  • offers you professional-looking prospectuses, brochures, share certificates or receipts, but their prospectus isn’t registered with ASIC

If you spot any of these signs, hang up the phone or delete the email. If you manage to record any of the scammer’s details, report them to the Australian Securities and Investments Commission (ASIC).

Tactics used by investment scammers

Some of the common tactics scammers use to trick you into investing:

COVID-19 phishing scams

A scammer may try to steal your information using ‘investment opportunities’ to make your money back from sharemarket losses. The scammer may pretend to be someone you know, like your fund manager or your financial adviser. They may contact you by email, phone or text, or on social media.

Signs of a phishing scam:

  • The email address doesn’t match the company name (also look for hotmail, gmail or outlook in the address).
  • There are spelling mistakes or the information doesn’t make sense.
  • You’re asked to update or confirm your personal details.
  • You’re asked for immediate payment.

Don’t click on any links. Delete the email or message straight away.

Directing you to a fake website

Scammers use sophisticated websites and issue fake online press releases that make false claims of outstanding corporate performance. They may provide some victims with logins to view fake investment balances and growing returns.

Stopping you pulling out of the deal

If you try to pull out of the deal, scammers may try to:

  • swap your current investment for another one
  • convince you that your investment will increase in value soon

Scammers may threaten you with prosecution or hefty fees to keep you from pulling out of the deal.

Using social media to approach you or your friends

Scammers may message you, advertise or send you a ‘friend’ request.

They may pose as someone you know or are connected to. If you ‘friend’ them they get access to your profile information. They can also send you offers to invest and make quick money.

Scammers may use your information to impersonate you. They may create a fake social media account to approach people in your friends list. See identity theft for more information.

Artificially inflating the share price

Scammers buy shares in a small company at a low price. They then send out false tips about the company having great prospects. As more people invest, the share price rises. The scammers sell their shares at the peak of the price rise, then the share price falls and the shareholders are left holding them at the reduced value.

Passing your call along the line

Investment scammers use a team of less experienced staff to make the initial call. The junior staff follow a tight script to check your interest. If you take the bait, they hand you over to a more senior person, called a ‘closer’. Closers are extremely skilful sales agents and their job is to make you feel compelled to close the deal and send your money.

Calling or emailing you persistently

Investment scammers may call or email you persistenly. They may keep you on a phone call for a long time, insisting you’ll miss out if you don’t take up their offer right away. They will not take no for an answer and will ask you about your worries to reassure you. As long as they can keep you talking or emailing, you haven’t really said no.

Operating from overseas

Many investment scammers operate from overseas or offer foreign investments, because their activities are illegal in Australia. Overseas scammers target Australians because ASIC does not have international jurisdiction to prosecute them.

How to check an investment is real

Simple research to make sure an investment is legitimate could save you from losing money to a scam.

1. Ask questions and request information

Check the legitimacy of the person offering the investment by asking them:

  • What is your name and what company do you represent?
  • Who owns your company?
  • Does your company have an AFS licence and what is the licence number?
  • What is your address?
  • Is your investing prospectus registered with ASIC?

If they try to avoid answering these questions, their investment offer is probably a scam. Hang up the phone, do not respond to the email. Stop dealing with the person or delete and block them if it’s through social media.

But, even if they can answer these questions, it doesn’t always mean the investment is legitimate.

2. Do your own research on the company

Don’t rely only on the information the person gives you to make your decision. Don’t be pressured to make a quick decision you could regret later.

Take these steps to do your own research — check:

  • ASIC’s OFFERlist database — See if the company has lodged a prospectus with ASIC.
  • Publicly listed phone directories — Check whether the address and contact details are correct.
  • ASIC Connect’s professional register search — Check the company has an AFS licence or Australian credit licence.
  • Our list of companies you should not deal with — Make sure the company name is not on our list.
  • International Organization of Securities Commission’s (IOSCO) investor alerts — Make sure the company is not named.
  • Our list of fake regulators and exchanges — Check if the investment offer mentions one.

If you invest through overseas companies and something goes wrong, you won’t be able to get help. A lower risk option is to invest overseas through licensed companies based in Australia.

Protect yourself from investment scams

Make sure you don’t fall victim to an investment scam:

  • Always get independent financial advice before you invest
  • Do your own checks on any investment opportunity to make sure it’s real.
  • Remember the common signs and tactics so you can spot an investment scam.
  • Don’t accept a message or friend request on social media from someone you don’t know.
  • Make sure your privacy settings are up to date on your social media accounts.
  • Be wary of random or unexpected contact, particularly if you have replied to something on a website or social media platform.

If you think you have been the victim of an investment scam, you should:

  • Report it to ASIC or your report it to your local police.
  • Stop sending money to the company.
  • Be wary of falling for a secondary scam or offers to recover your money.

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