Monelo.biz Review: Genuine or Fraudulent Investment Platform
Is monelo.biz to be trusted? Or is monelo.biz unreliable? Because we are concerned about the financial safety of our readers, we did extensive research and made a review on Monelo. Please read our review before you decide if you should throw your time, expectation, and money into this platform.
What Is monelo.biz?
“Monelo is an industry expert developed investment platform that serves as an all-in-one diversified portfolio for its users,” as written on their website. They are an investment company registered in the United Kingdom, claiming to combine multiple streams of investment income (from forex trading to venture capital investments), thereby promising investors a stable revenue and guaranteed return on investment.
Monelo is located on www.monelo.biz and their contact information is:
Email: [email protected]
How Does monelo.biz Work?
Monelo claims to run a platform designed to return unbelievable profit is so short a time. Monelo.biz has an investment bundle guaranteed to generate, for its subscribers, a daily profit of 3% on business days, and 1% profit on weekends and holidays. The supposed assurance and profitability of investing with Monelo would be attractive to any investor. But is monelo.biz to be trusted?
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What We Found about monelo.biz!
Monelo claims to be a legally regulated and registered company but this is not a reliable information. We are aware that getting a verified company registration credential is not a guarantee of authenticity. Anyone can, for as low as $50, get a certificate of legal registration from Company House. Their website, monelo.biz, after passing through a series of tests, shows it is very recent.
The reasons why you should be weary of investing your money with Monelo are:
- Their certifications and testimonials are unverified and therefore could be false, a way to win the trust of unsuspecting investors.
- We found no information on the company or the people behind monelo. This is a red flag, as there is no one to hold accountable should things go south.
- Monelo promises to provide long term investment plans but we discovered that their domain is a short life expectancy domain and could go offline at any moment.
Monelo.biz, despite seeming reliable, should be approached with caution. As there is always a risk factor in any investment, and also a possibility of loss. Never forget to invest with money you can afford to lose. Business models like this are never sustainable and could crash at any time. As is common with all high-yield investment programs (HYIPs).
There are many untrustworthy investment websites on the internet promising get rich quick options. Most people attracted by these “too good to be true” ROIs from these sites have invested their money expecting profit but lost everything in the end. You do not have to become one of them to learn from their experience. It is unfair to fall victim to fraud and lose the money you earned from honest work. Fact-checking should be a priority before you throw in money into any online investment scheme.