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Ways to Deceive in Online Finance: Project Analysis Mars Invest

Virtual scammers appear on the Internet no less quickly than mushrooms in the forest. Almost every financial scammer online proclaims themselves as a professional in the financial sphere and assures that they can be trusted. Recently scammers have become even more sophisticated – they simultaneously create several websites to expand their client base faster. One of such dubious projects is Mars Invest (mars-invest.com, mars-investltd.com).

Interesting Facts About the Online Project Mars Invest

Mars Invest claims on its website about its many years of experience in the financial market, however, the whois data showed that the domain mars-investltd.com was registered on 05.07.2021:

Another essentially twin site started operating a few months earlier – from 31.03.2021. Everything indicates that this is a newcomer who does not deserve the trust of traders.

The Mars Invest website does not provide information about the company’s management, the company prefers to remain anonymous to avoid responsibility for possible losses to clients. This becomes clear when studying the terms of cooperation that you agree to when registering on the platform:

  • Clause 16.5 – the company has the right to restrict access to the personal account at any time. Mars Invest, judging by reviews, does not intend to return funds to clients:
  • Clause 13.2 – the company disclaims liability for loss of profit, losses, and missed opportunities. By entrusting your funds to scammers, you are writing your own ticket to failure,
  • Clause 11.2 – if the broker decides that the deal is not profitable, they can cancel it or close it at their own price.

There are no legal documents for the pseudo-broker, of course. It is only known that the company is registered in an offshore – the island state of Saint Vincent and the Grenadines. This area has become a real habitat for financial scammers who ignore international legislation.

Considering the presence of many negative reviews on the Internet, it was decided to check whether Mars Invest is indeed operating legally in the Russian Federation. And it turned out that the Central Bank of Russia has no information about such a company:

According to reviews from deceived traders, you should not count on the regulator’s support in the fight against scammers. It has no means to influence the fake organization.

Attractive Offers in Mars Invest: Overview of Available Accounts

Clients are promised 150 assets for trading, including currency pairs, precious metals, bonds, stock indices, cryptocurrencies, commodities, and futures. According to the platform’s assurances, there is a deposit bonus, free educational materials, large margins, professional help for traders. In their reviews, former clients claim that all these “perks” are only to attract naive investors. In reality, the company has no intention of paying profits and does not respond to support service inquiries.

Users can choose one of the following account types:

  • “Novice”. Minimum deposit – 250 dollars. Support 24/7, daily analytics and trader tools, professional analyst assistance, margin leverage from 1:400, welcome bonus – 20%,
  • “Trader”. Minimum deposit – 1,000 dollars. Features: credit leverage – from 1:300, welcome bonus – 40%, professional manager assistance at the basic level,
  • “Medium”. To open an account, you need 2,500 dollars. Offered margin leverage from 1:200, deposit bonus – 60%, professional manager assistance at the “professional” level, individual investment strategies,
  • “Extreme”. To start, funds from 10,000 dollars are required. Within the account: credit leverage from 1:150, consultation with a personal mentor, deposit bonus – 80%,
  • “PRO”. Minimum deposit – 50,000 dollars. Additional VIP-level support.

Reviews of Mars Invest from Real Clients

The site administration tried to create a positive impression on potential clients by ordering a bunch of positive reviews, but this did not help. In the short time of its existence, the company managed to deceive many people. Disappointed Mars Invest clients leave their reviews, saying that the company does not carry out transactions on the interbank market, withdraws funds, and does not allow profits to be withdrawn.

Principles of Fraud in Mars Invest: Overview of the Scheme of Actions

Many potential victims were either called or written to from fake accounts on the Internet by scammers. They promised good earnings and assistance in trading. A typical scam scheme targeting newcomers. In addition, many users were attracted by the opportunity to receive financial reward for making a deposit. They did not even realize that all this is just a trap.

Thanks to trading manipulations, scammers easily falsified both profitable and unprofitable deals for clients. Due to their inexperience, most users realized that they were being deceived only after losing significant amounts (often tens of thousands of dollars).

Results of the Mars Invest Review

Cooperating with Mars Invest will only be profitable for scammers, and short-sighted traders will lose money by entrusting them to a dubious company. Refunds are possible only with the help of a chargeback and only if supported by professional lawyers.