Deposit Day (aka DepositDay.com) is a relentless new brand. Polluting the industry for 6 months as of posting this review. And during this small length of time, these scammers have/are taking trader’s money and losing their investments with their schemes. The following review serves as as critical warning for all day-traders. Deposit Day is a harmful Scam you don’t want to mess with.
ICOs like DepositDay.com are appearing all over the internet. Many of which are fraudulent programs promising traders larger returns, yet never pay. While investigating their suspicious website, we found several scamming factors indicating unsafe practices.
In addition to the typical promises of large profit gains, its come to our attention DepositDay.com also has features of a Pyramid / Ponzi scheme. In other words, they offer affiliated programs to gather as many victims before Deposit Day shuts down.
That’s why we’re here. To warn day-traders about its hidden dangers. Before joining, please read our review first. Learn the truth these scammers don’t want you knowing about their Deposit Day Scam. New evidence confirms a money-losing fraud.
Deposit Day Review – Damaging Scam!
Lets elaborate exactly what we’re dealing with. Deposit Day is an ICO, meaning Initial Coin Offering. Basically what this means is you invest a certain amount of money with their program. In return, they ‘mine’ cryptocurrencies like Bitcoin, Ethereum, and various others for you.
Sounds very simple and straightforward, right? Unfortunately DepositDay isn’t that easy….nor are they honest.
Deposit Day advertised returns are exaggerated beyond most scams, equally unrealistic. Ranging between 800% /hour – 80,000% within 3 days. Are they serious?! Its IMPOSSIBLE & Unethical to guarantee any fixed rate amount. Especially this high so quickly! This is far beyond what most legitimate sites could ever offer. Not to mention these claims of consistent “daily” profits are highly unrealistic due to constant market changes.
Allow me to clarify such ‘guaranteed’ returns presented by Deposit Day (and many frauds like it) are known as ‘door busters’, used to catch your attention and fool you into believing you can earn a sizable income without any risks.
In these situations, I’d like you to ask yourself this simple questions: “if an ICO such as Deposit Day can really generate these improbable consistent daily payouts of 80,000% easily absent risk as they claim, you honesty believe such programs would be spreading throughout the internet for free?”.
Speculations are one thing, but its vital we dig deeper into this Deposit Day Scam. Let’s review the specifics of their illegitimate methods for manipulating beginners.
Deposit Day = Illegal Company
Because Deposit Day represents an ICO investment firm, requiring members to invest “x” amounts of money for promised “y” returns. By law DepositDay.com must operate under the conditions of proper Licenses and Regulations.
These regulations are imperative, some mandated to comply with policies such as Know Your Customer (KYC) and Anti Money Laundering (AML). Of course any Scam like Deposit Day refuses these guidelines.
While trying to validate their operations, our team simply couldn’t verify any certificates confirming licenses in which they must lawfully hold.
Deposit Day Developers (fake profiles)
To be honest, we found zero information about these sleazy developers. To this day, we still have no idea who’s really responsible for the creation of Deposit Day.
DepositDay.com has a small section showing its alleged CEO, CFO, and “Enginner“. (Notice how they misspelled Engineer). Therefore we’re made to assume Beaufort Freemont and his team are behind Deposit Day. But is this true? Are they real? Sadly….No!
The images shown can certainly prove Mr Freemont is fake. That’s right folks, he’s not even a real person. These idiots used stock photos, widely used in other sites. This clearly shows a lack of honest from their end.
This major red flag is a common trait seen within most scams. Almost all fraudulent trading programs like DepositDay.com use fake aliases, names or companies to hide their own identities. Allowing scam-artists to remain anonymous while they profit at your expense.
Clearly this Deposit Day scam is not being transparent about their developers. Are you willing to place your money in the hands of DepositDay.com? Hopefully not.
Fake C7 Finance Results
As we briefly mentioned before, Deposit Day makes some of the worst bold statements in regards to astronomical profits & returns. Imagine Deposit Day delivering 800% in 1 day on your initial investment? Or how about 80,000%?! Its impressive, but highly unlikely.
Don’t forget the value of bitcoin, ethereum & other Altcoins are constantly moving up and down due to constant market movements. These scammers ‘guarantee’ consistent returns of high amounts. However these promises are unrealistic because of never-ending market fluctuations.
The value of Cryptos can rise one day, drop dramatically the next. Just this past month alone, Bitcoin has lost and regained half its value instantly, and is now back on a bull rise. Therefore the promises of steady daily/weekly returns from Deposit Day are highly unlikely.
To this day we’re trying to find any happy members pleased with Deposit Day services So far the number of people who joined are NOT satisfied.
Deposit Day Ponzi Scheme
There’s far more beyond phony claims and unlawful companies happening throughout Deposit Day Scam. Like most fraudulent investments, their main goal is to accumulate as much money from registrations possible, then they get shut down, but run away with your funds.
Deposit Day also contains an affiliated program where traders can refer other people to join. In return, you will receive a percentage from other people’s deposits. Their system is set up with different entry levels and downlines, which basically shares similar characteristics of the hated Pyramid / Ponzi Scheme.
Ultimately, DepositDay.com does NOT mine any bitcoins or other cryptocurrencies. No proof of mining capabilities are disclosed. Instead these scam-artists from Deposit Day make money & profit from your deposits & promoted services in the form of affiliations to gather more victims.
Still Trust Deposit Day?
The main reason we’re debunking this rotten ICO scam is because of trader feedback. Because Deposit Day isn’t regulated, they’re getting away with shady practices, including NOT paying some members.
Regardless of the fact this C7 Finance ICO is relatively new, this unlicensed hoax has reportedly been refusing to pay various members their obliged withdrawals. Many cases of these withdrawal payments being denied, pending statuses or ignoring requests entirely are becoming known more & more.
While many members of Deposit Day are being paid, there are many others who’re being denied for no reason. Other than deliberate theft so these scammers can profit from your investment.
Sadly, man traders have been victimized, informing us how this program doesn’t not provide quality services. The crooks behind DepositDay.com Scam are literally stealing your money and filling their own pockets.
This reason alone is more than enough cause which motivated us to warn others about this damaging Deposit Day trading software. Hopefully today’s Deposit Day Review will help prevent further losses from innocent investors.
Deposit Day Review – Conclusion & Helpful Tips
Finalized Review Verdict: Due to the growing amounts of disgruntled investors already losing their money with Deposit Day, and the fact this company isn’t legally licensed, its best to avoid the DepositDay.com Scam.
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We thank our readers for taking time in reading our indisputable & honest Deposit Day 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 DepositDay.com App.
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