Dishonest consulting center Torroinvest
The company Torroinvest is presented as a leading consulting center in Europe with British registration and attractive cooperation terms. At the same time, scammers offer to join their referral program, promising generous percentages. However, while there are no reviews about the scam yet, licensing issues indicate fraud. Is it worth investing your money in Torroinvest? Let’s find out during the review.
General information about the company “Torroinvest”
The fraudsters remain silent about the age of the company. Analysis has shown that the domain torroinvest.com was registered only in August 2020, and so far, there are no negative reviews about fraud.
According to claims, “Torroinvest” is one of the main online exchanges in the world. But why is the site available only in Russian and Italian languages if that’s the case?
The holding INVESTMENTBAY LTD conducts its dubious activities through the company Torroinvest. The corporation with British roots is registered under number 13246818 in the public register of the UK.
There is a certificate on the company’s inclusion in March 2021 on the website.
The company is owned by Zhandos Aitzhanovich Kusainov. However, there is no information about INVESTMENTBAY LTD or the businessman from Kazakhstan online.
The main direction of the corporation’s work is financial market management. However, it is unclear what relationship “Torroinvest” has with this organization.
The fake company InvestmentBay has hidden its criminal nature under the guise of “Torroinvest.” By creating the concept of a twin brother with an identical shell, the scammers carried out a clever operation.
Do you remember anything like this?
A number for lovers to “help” one on both. However, fake.
Regulation Analysis
The website claims that Torroinvest is regulated by the Cyprus Securities and Exchange Commission. However, can this claim be trusted?
Let’s delve into the details. Firstly, CySEC has no right to license British companies, and secondly, there is no information about Torroinvest on the official website of the supervisory body.
AFSL – a permit for providing services in the UK. However, in reality, AFSL stands for Australian Financial Services Licence and is issued by the Australian Securities and Investments Commission.
The website of ASIC is also empty.
Scammers present a permission document from the non-existent British organization FSCR, with a single commissioned article.
The Financial Regulator of the UK (Financial Conduct Authority) has never heard of “Torroinvest”.
The platform operates in Russian, indicating active work with residents of Russia. However, there is no information about Torroinvest on the Central Bank’s website, although this is mandatory according to Law No. 460-FZ.
We will study the internal documentation. There are many interesting points to be found there.
Torroinvest Account Types Review
The platform promises access to all market types and profitability of up to 20% per month from consultants. VIP investors offer returns of up to 200%, but how is that possible? Scammers hint that only those who increase their bets receive large profits. This is a trap for beginners.
There are 6 account types presented with a starting threshold of $100. Conditions such as personal analytics, webinars, and educational materials are practically absent.
Reviews of “Torroinvest”
If the company InvestmentBay already has a negative reputation, then Torroinvest has not yet come under fire. Negative reviews are expected to appear, where clients will complain about their mistake and naivety.
We hope that our review will help you avoid cooperation with scammers and save you from unnecessary expenses.
Deception Essence
The main lure in the tricky plan of Torroinvest is the multi-level referral program. Swindlers attract new participants through trusting depositors who believe they can earn 2% from the deposit of each referral. However, in the end, everyone is left empty-handed, and they will have to leave negative reviews.
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Conclusions
The goal of Torroinvest is fraud and deceiving as many people as possible, so they are ready to invent any stories. The creators of the company act on a ready-made scheme, so nobody will be able to profit. Want to avoid falling into the hands of scammers and writing negative reviews in the future? Then it’s not worth cooperating with scammers and run away from them right now!
