Coinicor is a Worthless SCAM! (Insider Review)

By | March 24, 2019

Are you thinking about joining Coinicor? Before you do, we strongly advise reading our review. If youre on this page, youre obviously trying to find more information about this investment program. Is it safe? Is it a Scam? This is what you want to know. Sadly, it’s NOT looking good for Coinicor.

To put it simple, Coinicor.com is a Scam. The following review explains everything you need to know how this program is a potential fraud. After our investigation, we found several scamming factors. As a result, it’s important for curious investors to understand this crucial information.

So before you invest in hopes Coinicor will make you money, take our advise. Learn the truth these scammers dont want you knowing. All the proof you need exposing how Coinicor cannot be trusted.

Coinicor Review – Scam Details Explained

coinicor

Let’s elaborate exactly what we’re dealing with. Coinicor is some sort of Forex Investing Program. Basically what this means is you invest a certain amount of money with their program. In return, they invest your money into global pairs, cryptos, and various others for a returned profit….or so they say.

Sounds very simple, however Coinicor isn’t that simple….nor are they being honest.

Their advertised results are based on a daily basis. Ranging 1.5-2.4% everyday ‘forever’ (Depending on which plan you choose).

But lets be real & clarify for a moment these numbers are highly unrealistic. Its virtually unethical to promise investors any fixed rate of income. This is far beyond what any legitimate company could ever offer. And improbable to deliver on a consistent basis as they ‘promise’.

Such “easy” wealth claims presented by this fraud (and many scams like it) are known as ‘door busters’. Used to catch your attention and fool you into believing you can become wealthy very quickly without any effort.

In these situations, ask yourself this simple question: “if a company such as Coinicor can really generate ‘guaranteed’ & consistent 2.4% daily payouts, you honesty believe there wouldn’t be a hidden catch or motive”. Certainly not!

Speculations are one thing, but its vital we dig deeper into this corrupt Coinicor scam. Let’s review the specifics of their illegitimate methods for manipulating beginners.

Is Coinicor Legal?

Because Coinicor.com represents itself as an ‘investment’ firm, requiring members to invest “x” amounts of money for promised “y” returns, by law they must operate under the conditions of proper License and Regulation.

While trying to validate their operations, our team simply could not verify any certificates confirming any licenses in which Coinicor should be mandated to hold.

On their platform, there’s a section stating their ‘legally registered’ UK Company. Unfortunately that doesn’t solidify any LEGAL validations either.

We’ve confirmed through the FCA & the FTC Coinicor isn’t licensed. Thereby they are trading and investing for its members illegally.

Developer Info?

I like calling these type of people “faceless scammers”. Because in all honesty we have no idea who’s behind this Coinicor app. 

If you step back for a moment, you’ll realize the entirety of Coinicor contains no useful directories. They’re described as team of “young savvy professionals” with collaborative experience. But nothing which discloses any developers, founders or CEOs. 

Why don’t they disclose their identity so investors can feel comfortable knowing whom they’re dealing with?

Almost every scam you can imagine either creates fake aliases or keep quiet altogether in efforts to maintain anonymous as these criminals profit from your losses. Coinicor is just another vague scam hiding in the shadows to disguise their shady activities.

Transparency is important when you’re about to “invest” your money. Traders should fee comfortable & safe in their decisions. Yet the level of mysteriousness surrounding Coinicor simply beckons more suspicions rather than approval.

False Coinicor Results

While many other ICO Scams have a tendency to promise large profit percentages, Coinicor can be considered a much more subtle scam than the rest. 

As stated, they guarantee 2.4% everyday on you investment. Although this number is as high, the fact remains its virtually impossible to provide such a consistent profit return.

Don’t forget the value of bitcoin, ethereum & other Altcoins are constantly moving up and down. Yet these scammers ‘guarantee’ consistent returns of high amounts. However these promises are unrealistic because of never-ending market fluctuations.

If you think about it, if their results were real, there would tons of wealthy investors all over the internet accredited to Coinicor. But to this day we’re trying to find any happy members pleased with their services. So far the number of people who joined are NOT satisfied.

Coinicor is a Ponzi Scheme

There’s more beyond phony claims and unregistered companies happening throughout the Coinicor Scam. Like most fraudulent investments, their main goal is to accumulate as much money from registrations possible, then run away with at your expense.

Coinicor.com also contains an affiliated program where traders can recruit other people to join. In return, you will receive a percentage from their deposits. Their system is set up with different entry levels and downlines. Basically sharing similar characteristics of a Pyramid/Ponzi Scheme.

In reality, these crooks do NOT really invest in forex markets. Instead they profit from your deposits, & promote their services in the form of affiliations to gather more victims. Allowing them to profit from your losses.

Sill Joining Coinicor?

As we briefly mentioned before, many people who’ve joined Coinicor have regretted it. The problem most people have faced vary from case to case. While some may have had a great experience, many more are facing serious issues.

These complaints revolve around the same group issues too. From denied payouts, unauthorized account activities, ignore withdrawals requests, and of course failure to produce their advertised results. 

Remember those results they promised? Even though those numbers are extravagant, members aren’t even reaching those minuscule 2.4% profit range. But simply for the fact people who try to get their money back are faced with excused from InvestCentre.biz, this cannot stand.

These reasons alone is more than enough cause which motivated us to warn others about this damaging software. Hopefully today’s Coinicor Review will help prevent further losses from innocent investors.

Coinicor Review – Conclusion & Helpful Tips

Final Review Judgement: We have an illegitimate company, unregulated actions, member complaints, and unrealistic results. Its clear Coinicor.com is a Scam!

(Top Easy App for Beginners! Regulated Brokers! Earn Money Daily)

Finding a safe trading app can be difficult for beginners. Especially if you don’t know where to look. At Prestige Options, we have you covered! Stay informed with our daily updated scam list. And don’t forget about our section of best trading apps containing various choices of autotraders & educational resources.

We thank our readers for taking time in reading our indisputable & honest Coinicor Review. Hope it helps others from falling for this shady scam. Please comment below by sharing any feedback, input and dealings you might have with this faulty Coinicor App.

Questions or General Inquiries? Email Paul – prestigebinary@gmail.com

Stay Informed on scams and new opportunities by subscribing to Prestige Binary Options YouTube Channel, ‘Like’ us on Facebook, and follow us on Twitter & Google Plus! We do our best in providing Comprehensive reviews with unwavering facts and personal trader relations.

Summary
Review Date
Reviewed Item
Coinicor
Author Rating
11stargraygraygraygray

Leave a Reply

Your email address will not be published. Required fields are marked *