Magnificent Century: reliability and quality
The company Magnificent Century specializes in the production of artificial crystals, which are highly respected by a wide audience. According to the project developers, they are even more popular than natural stones. Currently, the project involves more than 5154 investors, who have been paid over $39,000.
The company can boast only truthful information about its activities, namely – the official website was created on 21.04.2021, which corresponds to the stated data. Nevertheless, despite this, there are objective reasons to doubt its integrity.
The project founders preferred to remain anonymous, which may indicate avoiding financial responsibility to clients. The company’s registration location also remains unknown. The only mention is that the company is insured in the Zurich branch of Hong Kong, which raises questions. The website promises round-the-clock user support, however, in fact, only a feedback form and a mailing address are provided. Technical support remains non-operational, and contact information is only used for information collection. It is easy to notice that the corporation is not sufficiently accountable to clients, and this is especially evident in the User Agreement terms.
Attention is drawn to sections 5.1, 5.2, 5.3, and 5.5, which give the company the right to refuse compensation for losses, acknowledge its affiliation with financial pyramids, and do not guarantee the return of the deposit and the normal functioning of the platform. The lack of a legal basis and licenses confirms the inability to make claims against Magnificent Century. The absence of permission from the Central Bank of the Russian Federation emphasizes the questionable legitimacy of the activities.
A detailed review of Magnificent Century’s marketing shows that the company offers various investment plans with different costs, interest rates, and deposit terms. However, reviews on the earning potential with this project are not yet publicly available. Caution should be exercised when investing funds through the Perfect Money payment system, which has negative reviews.
Reviews of Magnificent Century’s activities are just beginning to appear. Only one comment from a real investor has been found so far. The opinions of clients participating in the project are important and can influence decisions on future cooperation.
It should be emphasized that the company Magnificent Century is a typical financial pyramid. Its operating scheme may be similar to other HYIP projects aimed at deceiving investors. Reliable investments have other alternatives, such as a bank deposit account, which guarantees greater security and capital protection.
