Post
Topic
Board Economics
Re: How legitimate those 600% ROI claims are?
by
JamirOn
on 20/09/2016, 02:44:17 UTC
Just now I came across a new hyip service that doesn't look any more creditable than the others - in terms of transparency at least.
It also promises those ludicrous astronomical ROI but this time, to my surprise, it wasn't in Ukraine, Russia, Romania, or what not;

 it is registered in UK! and boasts about showing an official letter upfront in the welcome page.

After few clicks and searches I found out that it was a legit company number and registration letter.

How a scam like that be allowed to operate in UK?

Thought UK laws and regulations were tough to play around in that matter; After all, an estimated one quarter of the world is operating under UK maritime commercial law, is it not? Singapore, Hong Kong, Dubai, etc and so forth..


Must be a new loophole or something, or could it simply be legit?! 
I refuse to believe the latter. It just doesn't add up.