Reviews of the MUCH PEOPLE company in 2023
Not all financial institutions offer favorable conditions for clients, especially for newcomers. This forces users to search for better options and change their financial partners. Some scammers, like the MUCH PEOPLE company, promise various benefits, but in reality, they only seek to deceive clients and extract money from them.
What is known about MUCH PEOPLE?
MUCH PEOPLE presents itself as a modern Lithuanian online bank with a huge number of clients. There is even a tab with positive reviews on their platform. However, the authenticity of these reviews is questionable, as almost nothing is known about the company on independent forums. An analysis of the domain registration date showed that the bank’s website started operating only on January 9, 2023, which may explain the lack of real user reviews.
Legal framework and licenses
The company claims to fulfill agreements honestly and has had a license since August 11, 2012. However, details about the issuing authority and the basis for its issuance are missing. Moreover, in 2012, MUCH PEOPLE did not yet exist. There is also no data about the company’s registration in Lithuania. This suggests that we are dealing with a typical scam designed to attract money, not to fulfill obligations to clients.
Commercial services
MUCH PEOPLE offers a wide range of services, including issuing debit cards, providing loans, investing, and insurance. However, as reviews of the company’s predecessors show, it all boils down to financial manipulations and deception.
Customer reviews
Various scammers periodically change names and domains to avoid negative reviews. However, the truth inevitably comes to light. That is why it is important to share your experience working with such companies to warn others against losing money and falling into the trap of fraudsters.
How to avoid deception?
Scammers require new clients to provide all their data for verification, which they subsequently use for selfish purposes. As a result, working with such companies, including MUCH PEOPLE, can only lead to the loss of funds and a negative experience. Be vigilant and do not fall for deceptive offers.
Conclusion
The MUCH PEOPLE company is a pseudo-bank, cooperation with which can only lead to the loss of money. Beware of serial scammers whose goal is only to enrich themselves at the expense of trusting clients. Remember that it is important to be extremely attentive and not fall for the tricks of fraudsters.
