I think so, sounds like a High Yielding Investment Program or an HYIP, which at first looks attractive but not sustainable in the long run. But I have an account too on freebico.in but did not login for several months, will check this. The thing that they stay online for several years means they are okay and doing good, but this offering is something new that needs to be reviewed.
Yes, freebico.in is a reputable site, they are in here for many years so they would not offer something crazy. By the way mate, it's not per month or per day, it's a daily interest which is compounded, there's nothing to review here in their side, but our side because we misread or misinterpret it.