Official information on the Wolfram Invest website: truth or deception?
One of the hedge funds worth paying attention to is Wolfram Invest. A highly promising organization promising high profits, reliable investment protection, and partnerships with Europe’s largest banks. What is there in reality? What information can be gleaned from depositors’ reviews? What should you pay attention to in order not to fall victim to scammers?
Facts about Wolfram Invest on the website: is it really so?
The resource wolframinvest.com, opening in Russian, seems attractive, but when switching the language to English, it becomes clear that the site is not adapted for English-speaking users. The menu is partially translated with errors, and some items don’t even have understandable names, indicating the initial orientation of the creators towards the Russian audience. Nevertheless, the “About the Company” section claims the status of an international platform with worldwide distribution.
Furthermore, the information about Wolfram Invest’s contacts raises doubts. The contact information is presented in a very unusual way, with the same email address for different types of clients. Also, the phone number of the main office is indicated without specifying an address or at least a city. Through the phone numbers associated with CMC Capital – a company with negative reviews, it is evident that both organizations likely have the same creators.
Attempts to find information about Wolfram Invest on social media also end in disappointment. Clicking on the social icons leads to Google search results, although on YouTube, you can find the company’s channel, which only has 10 subscribers. The creation of the channel probably happened recently to upload “non-artificial” reviews.
What licenses and permissions does Wolfram Invest have?
The “How it works” page mentions that the fund operates on the EXT LTD platform with a license from the regulator in Cyprus, which is indeed confirmed.
However, the connection between the listed organizations is unclear. The managing company XNT LTD also exists, but its connection to Wolfram Invest remains unconfirmed. The FCA regulator’s logo mentioned on the site is not found in the British regulator’s registry. Similarly, the logo of the Cypriot regulator does not correspond to reality, lacking a corresponding record in the database.
An attempt to find permission from the Central Bank of Russia for Wolfram Invest turns out to be futile, which is mandatory for operation in Russia. This confirms the lack of necessary licensing documents and the ambiguity of information on the site.
What offers attract clients to Wolfram Invest?
Like scammers, potential clients are promised guaranteed profits based on the amount deposited. There are no demo versions; real funds must be deposited immediately. Investment portfolios with different minimum sums are offered to those aiming to profit from investments. However, the profitability information provided is dated 2017, raising questions about the data’s relevance.
Real client reviews of Wolfram Invest
To establish a positive reputation, the site features praising client reviews. On external platforms, however, negative comments exposing the truth about Wolfram Invest can be found. Real reviews are a more objective truth about the company.
What scam schemes does Wolfram Invest use?
From the reviews, it is evident that fraudulent methods include enticing offers, often ending in the loss of funds by gullible users. Registration often requires providing a phone number, which is then used for fraudulent calls. The lack of proper communication means and the desire to disappear after deceit make it difficult for victims to identify the culprits.
Review Summary
Hedge funds represent a relatively new phenomenon in the financial market, where scammers try to make money by offering their “services” to naive clients. Wolfram Invest is no exception: questionable licenses, an incorrect website, and the lack of proper communication methods indicate a probable danger of losing money when interacting with this company. Be vigilant and do not fall for scammers’ tricks.