Wealth Fund (aka WealthFund.io) is a relatively new brand. Only been around for a few weeks 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. Wealth Fund is a harmful Scam you don’t want to mess with.
ICOs like WealthFund.IO 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 throughout this system.
In addition to the typical promises of large profit gains, its come to our attention Wealth Fund also has features of a Ponzi scheme. In other words, they offer affiliated programs to gather as many victims before shutting down.
That’s why we’re here. To warn day-traders about its hidden dangers. Before joining Wealth Fund, please read our review first. Learn the truth these scammers don’t want you knowing about their Wealth Fund Scam. New evidence confirms a money-losing fraud.
Wealth Fund Review – WealthFund.io Scam Explained!
Lets elaborate exactly what we’re dealing with. WealthFund.io 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….or so they say.
Sounds very simple and straightforward, right? Unfortunately Wealth Fund isn’t that easy….nor are they honest.
The advertised profits exploited by Wealth Fund are pretty outrageous, similarly found in other ICO scams. Offering 3%-5% every hour. However this is far beyond what most legitimate sites could ever offer. Not to mention these claims of consistent daily/hourly profits are highly unrealistic due to constant market changes.
Allow me to clarify such ‘guaranteed’ returns presented by Wealth Fund (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 so easily.
But what concerns us the most are the troubling feedback we’ve been receiving from people stating how Wealth Fund is losing their money, or refusing to pay owed money altogether. Either scenario is highly unethical, and clearly of fraud nature.
Speculations are one thing, but its vital we dig deeper into this WealthFund.io Scam. Let’s review the specifics of their illegitimate methods for manipulating beginners.
Has Wealth Fund Scammed you?
As I just briefly mentioned, there have been a growing number of complaints filed against Wealth Fund. For a crypto-based company who’s just launched their own services a few weeks ago, this doesn’t look good in the eyes of any future investors.
Many angry traders have reported various complaints, ranging between complete loss of funds, failure to deliver advertised results, and even denial of payments owed to their clients. While we understand there are those who’ve successfully withdrawn funds from their accounts, there are many others filing disputes due to Wealth Fund NOT paying money owed.
Therefore we invite you to share with us your own personal experiences with WealthFund.IO by commenting below. As far as we can see, future investors should think twice about joining. But lets review further evidence.
Wealth Fund Unregulated?
Because Wealth Fund represents a cryptocurrency investment firm, requiring members to invest “x” amounts of money for promised “y” returns. By law they must operate under these 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 WealthFund.io naturally refuses to abide these guidelines
While trying to validate their operations, our team simply couldn’t verify any certificates confirming licenses in which they must lawfully hold.
Any Wealth Fund Developers?
I like calling these type of people “faceless scammers”. Because in all honesty we have no idea who’s behind this Wealth Fund mining system. WealthFund.io promises traders easy-profit solutions, but who are they?
If you step back for a moment, you’ll realize the entirety of this program contains no useful information. No Direct contact information except email. Nothing of which discloses any developers, founders or CEOs. They say Wealth Fund consists of cryptocurrency experts and investors. But that’s a vague statement.
Why doesn’t Wealth Fund 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 keeps quiet altogether in efforts to remain anonymous as these criminals profit from your losses. Not once throughout ETH Online are visitors provided any valid information. Don’t you consider that strange??
Remember 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 Wealth Fund simply beckons more suspicions rather than approval.
Fake Wealth Fund Results
As we briefly mentioned before, Wealth Fund makes some bold statements in regards to astronomical profits & returns. Just imagine yourself earning 5% every hour on your initial investment?
Think about this for a moment. 5% of $1000 is $50. Now calculate $50 every hour for 50 Hours equals $2500. And Wealth Fund guarantees this every time! 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 bullish rise. Therefore the promises of steady daily/weekly returns from Wealth Fund are highly unlikely.
To this day we’re trying to find any happy members pleased with Wealth Fund and their services. So far the number of people who joined ETH Online are NOT satisfied.
Wealth Fund Ponzi Scheme?
There’s far more beyond phony claims and unlawful companies happening throughout the Wealth Fund 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.
Wealth Fund 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, Wealth Fund does NOT mine any bitcoins or other cryptocurrencies. No proof of mining capabilities are disclosed. Instead these scam-artists behind WealthFund.io make money & profit from your deposits & promoted services in the form of affiliations to gather more victims.
Still Trust Wealth Fund?
The main reason we’re debunking this rotten ICO scam is because of trader feedback. Because Wealth Fund isn’t regulated, they’re getting away with shady practices, including NOT paying some members.
Regardless of the fact this ‘Crypto’ related 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.
Within a short period of time, may traders have been victimized, informing us how this program doesn’t not provide quality services. The crooks behind Wealth Online 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 crypto software. Hopefully today’s Wealth Fund Review will help prevent further losses from innocent investors.
Wealth Fund Review – Conclusion & Helpful Tips
Finalized Review Verdict: Due to the growing amounts of disgruntled investors already losing their money with WealthFund.IO, its best to avoid this risky Wealth Fund Scam.
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We thank our readers for taking time in reading our indisputable & honest Wealth Fund 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 WealthFund.io App.
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