How the fake broker Esso Millanni operates: binary options scam, reviews
During the coronavirus quarantine period, when many have lost their jobs, trading remains a relevant source of income. Binary options attract the attention of many looking to make money, but often behind the veil of honest companies hide scam brokers whose goal is to deprive traders of their savings. One of such unscrupulous intermediaries is Esso Millanni, which you will learn about in this review.
What is known about the company Esso Millanni?
Esso Millanni presents itself as a leading player in the industry, but there is very little actual data about it. The website claims that the company was launched in November 2018, yet the first reviews appeared only recently. Doubtful. Additionally, the list of company offices in over 200 countries seems implausible. Probably, Esso Millanni’s partners help attract new clients by being located in different countries.
Client reviews contain information about the unauthorized collection of their contact information by the company. The website’s registration data points to a dubious domain origin, and the company’s physical address in Saint Vincent and the Grenadines shows scammers’ preference for areas with mediocre legislation.
Activities and licenses of the fake broker Esso Millanni
Esso Millanni’s website lacks registration or license documents, as well as any mention of regulation. It seems like a fake company devoid of formal legal documents. The absence of records in the Russian Federation taxpayers’ registry and the lack of permission from the central bank to operate in Russia confirm Esso Millanni’s illegal activities.
Registration on the essomillanni.com website
The registration process on the company’s website resembles procedures on other sites of this type. You need to provide your name, surname, email address, country of residence, and password.
Marketing moves of the company Esso Millanni
Esso Millanni offers 8 investment plans, among which the “Protection” plan stands out with a promised profitability of 120% over 200 days. However, users complain about the inability to withdraw funds even with minimal amounts.
The broker offers trading in over 60 assets with promised profits of up to 85%, but provides a proprietary platform that reduces a trader’s chances of successful operations.
Deposits and withdrawals on essomillanni.com
The broker accepts payments via bank cards, e-wallets, and cryptocurrency, but according to user reviews, the withdrawal process is often delayed or not carried out at all. Esso Millanni excuses itself with technical issues to conceal its true intentions.
Reviews about the broker Esso Millanni
Former clients emphasize the fraud of Esso Millanni. Users point out the falsification of information on the company’s website and the refusal to pay promised returns. Many have been deceived and lost their funds.
Scam scheme: pitfalls of Esso Millanni
Through a referral program, Esso Millanni brokers attract new clients and persuade them to invest funds. Deposit leakage and the offer of subsequent balance replenishment are typical methods of this company’s fraud.
Conclusion: caution when choosing a brokerage company is the key to the security of your investments. Stay away from Esso Millanni and protect your finances.
