Complete-Cash Is Just Another Ponzi HYIP Scam That Steals Your Money
What is Complete-Cash? Is it a scam? Complete-Cash.com is just another High Yield Investment Program (HYIP) that promises an unrealistic ROI. Read this Complete-Cash Review and find out why I consider it as a big scam.
What is Complete-Cash.com
Complete-Cash is a classic Ponzi scam that steals your money. If you are wondering if you will get your money back after your investment matures in an hour or two hours time. The answer is no.
Those “paid out” that are shown on their official site are commissions gained from the so-called HYIP Monitors. These HYIP monitors are paid to “endorse” that Complete-Cash is still paying money to their investors. Because these monitors make commissions out of your investments. They literally work together with Complete-Cash to steal your hard earned money.
For those who have invested and hope that they will make the payout, forget it.
For those who are checking out Complete-Cash and wonder if it is a real deal. Forget it too. It is a big SCAM – The website is running but it does not pay out to their “investors”. Find out the real status of Complete-Cash here.
Should You Trust Complete-Cash?
You should not trust this investment company.
The Complete-Cash is a high-yield investment program (HYIP). If you have read the definition of HYIP on Wikipedia, It is s a type of Ponzi scheme, an investment scam that promises unsustainably high returns on investments (ROI) by paying previous investors with the money invested by new investors.
The Complete-Cash is a fake investment company. From the official website, one can notice it is an HYIP investment scam that aims to steal your hard earned money. Why? There are a few red flags I managed to pick up.
#Red Flag 1 – New Site and Unknown Identity
Complete-Cash is very new and looking at the date of registry. It was registered on 2016-12-14 and expiring in a year. If they are running a real show, why would they register for just a year? Because Ponzi scams normally survive for just a few months and disappear with your money.
The registrant’s name shows up as Domain Administrator. I have tried to search for that name on the internet and nothing shows up. This is a clear warning that the scammer does not want to reveal his or her real identity to avoid detection.
#Red Flag 2 – Ponzi Scheme
Complete-Cash offers an attractive referral commission program. It is a good way to make extra money. By inviting more people to their investment programs, you will instantly receive some ref commission from every deposit your referrals made.
For a real investment company, this would equal giving away the entire (if not more) profit margin. This is a typical trick from most of the HYIP on the market. They offer to reward “referral fees” to investors for bringing in additional members.
Complete-Cash pays affiliates or HYIP monitors small commissions on funds invested by recruited affiliates in their “investment” schemes.
That’s how a Ponzi scheme is operated. They recruit new members to sustain the pyramid scheme. They need “new” money to generate “returns” for the older investors by acquiring new investors.
It is a fraudulent investment scheme where they pay returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources.
It is a pyramid scheme that typically collapses in the end because it requires exponential increases in participants to sustain the business model. That simply means the scheme cannot go on forever.
Worst of all, Complete-Cash does not pay their investors at all! They only give out the shares with their affiliates!
#Red Flag 3 – Vague Investment Information
Obviously, there is a lack of details on how Complete-Cash manage the money from the investors. Complete-Cash tends to be vague about the strategies used in their program.
I tried to look for more information “About” Complete-Cash, all I got is just a blank page. Nothing at all!
Now just imagine this, if they are a real investment company, they should be backed by a real and verified trader. There is no proof and information at all on who are running behind the scene.
Given that Complete-Cash is an Investment Service, it should be regulated by the Financial Conduct Authority (FCA). There is, however, no record of the company in the public register.
This is your hard earned money, please do not be afraid to ask questions. A genuine financial professional will usually be happy to explain in detail the investment program they are marketing. Unfortunately, Complete-Cash fails to do so.
#Red Flag 4 – High, Unsustainable Yields
I have years of experience in investments. Historically, investments in most large corporate stocks return less than 10% per year. Usually, HYIP scams offer between 1 percent to 2 percent daily profits to its members.
The Complete-Cash discloses their investment plans with no aim to hide its absurd and unsustainable returns. The provided calculator shows how it earns you a 210% – 240% hourly and 330% – 390% 2 hourly ROI. To me, it is a total nonsense.
The funny thing is the investment plan returns a perfectly steady positive income percentage regardless of any external variable such as price volatility. Don’t you think this sounds a little fishy?
The ROIs that they claim on the official page clearly indicate that the investment is actually a Ponzi scheme or a junk bond that may never increase in value and has a high rate of default.
I am not a huge fan of HYIP programs because I am a low-risk taker.
I have tried some of the HYIPs before and I have been scammed once. I hence did a thorough research and only discover some of these “investment” scams operate and steal our money.
My advice to HYIP investors is always set a budget for investment. Many people regard HYIP investments as a form of gambling and approach the investment with a similar strategy.
It is also recommended to determine how much money you can realistically afford to lose, and never place any more than this at risk. In addition to setting an overall investment budget, many people like to establish “stop limits” as well, which means that when your profits reach a specific plateau, you will take down all of your investments and profits.
Diversify your investments. With HYIP being such a volatile investment, it is important to spread your investment capital around.
Placing all of your investment dollars into one HYIP programs puts you at risk of losing all of your investment at once. Having the money distributed across several HYIPs will increase the likelihood that sustainable programs will offset the ones that close.
In addition to that, I also wrote an article on How to Invest Online Without Being Scammed. This should serve as a reference when you look for a legitimate investment company on the internet.
For those who are high-risk takers, some high yield investment programs have the ability to generate exceptional returns, but only because the risk of loss is great. If you are willing to invest your money with high profit and high-risk investment scheme, Forex Paradise is another stable HYIP you can try. You can read the full review of this HYIP here.
There are many fake reviews on these HYIPs on the internet. You should never ever trust them as most of them are written by the affiliates who want to convince you to join as members and make new deposits to sustain the entire pyramid scheme.
I don’t like the reliance on an HYIP in order to make money. If you really want to do some real investment, you should consider looking into cloud mining.
Read Genesis Mining and find out how you can make a real investment online with this legitimate company.
Most importantly, share this article with your friends and family members so that they do not fall into the trap of another HYIP scam, Complete-Cash.
If you have any questions or comments, let me know in the comment box below.