What’s with CashBuzz, OceanVictoa and Notuna Finance?
What’s with CashBuzz, OceanVictoa and Notuna Finance? They are all relatively new High Investment Yield Programs on the market. Should you trust these HYIPs and invest your hard earned money with them? Read this review and find out if they are scams or legitimate programs.
What’s with CashBuzz, OceanVictoa and Notuna Finance?
CashBuzz, OceanVictoa, and Notuna Finance are relatively new on the market, in which they are basically just like Golden Eight, High Investment Yield Programs (HYIP) that claim to help their investors to grow money by sharing profits with you when you invest some money in the company and insures you for the loss.
It is pretty easy to “grow” or “invest” your money with all three of them. All you need to do is to sign up by filling a simple form through their official websites and swipe your credit card.
The investment plans may be good for short bursts of profit in mid-term earning range. However, that sounds like an internet scam. Let’s investigate the investment plans available on these HYIPs.
CashBuzz Investment Plans
CashBuzz, no doubt offers the best ROI plan. You can make:-
- 103% for a 1-day investment plan.
- 110% for a 3-day investment plan.
- 125% for a 7-day investment plan.
OceanVictoa Investment Plans
OceanVictoa is not too bad when it comes to their ROIs. You can make:-
- 5% daily profit for a 30-day investment plan.
- 20.8% daily profit for a 5-day investment plan.
Notuna Finance Investment Plans
Notuna Finance, although offers lower ROI. the profits are still relatively high as compared to the traditional investment schemes. You can make:-
- 0.3% daily profit for a 100-day investment plan.
- 0.5% daily profit for a 100-day investment plan.
- 0.7% daily profit for a 100-day investment plan.
Depending on your investment amount, the ROI varies from one to another.
This company claims that once the first deposit is made, you will be getting daily interest until the deposit term expires. That’s totally awesome! Right?
Hang on! Keep reading!
Pay attention to my next few lines. Read on to learn more about these investment scams. You might be one of the unlucky ones if you are not careful with these HYIPs on the market.
The official websites of these HYIP look professional. However, all the red flags are there and all the warning signs are obvious. You can expect to lose your entire account balance within days of trading with this money-making scheme.
Why You Shouldn’t Trust HYIP?
#Red Flag 1 – Ponzi Scheme
The referral program. 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.
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.
The CashBuzz, OceanVictoa, and Notuna Finance probably still pay their investors for now as the program is still relatively new on the market. When there is insufficient investment fund from the new recruitment to the older investors, the entire structure will collapse.
#Red Flag 2 – Vague Investment Information
Obviously, there is a lack of details on how they manage the invested fund from the public. They all tends to be vague about the strategies used in the investment programs and how they help to generate interest by trading on the stock market.
I tried to look for more information “About”, all I got is just a vague information. Furthermore, they are not backed by a real and verified trader. There is no proof and information at all on who are running behind the scene.
They provides very few details about how they run the company and how profits are generated. HYIP like CashBuzz, OceanVictoa, and Notuna Finance should always be able to explain how they intend to generate returns.
I have tried very hard to find out their investment strategies but they do not give adequate information on how their financial instruments work.
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, they fail to do so.
#Red Flag 3 – E-Currency Account
You are required to open an e-currency account to invest. You have to know that e-currency accounts are often not licensed as a money transmitter.
It is highly risky to invest your money through these unlicensed money transmitters, especially they involve international operations, which means it may be very hard, if not impossible, to get your money back.
#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. As for CashBuzz, OceanVictoa, and Notuna Finance, their ROIs are total nonsense.
Be careful of claims that an investment will make “incredible gains,” is a “breakout stock pick” or has “huge upside and almost no risk!” Claims like these are hallmarks of extreme risk or outright fraud.
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.
#Red Flag 5 – Company Certificate
Almost all HYIPs on the market show this certificate of incorporation of a private limited company. I bet you have seen this many times. Many HYIP scams that aim to steal your hard earned money will feature a ‘certificate’ on their website. These certificates can be bought for 15 British pounds through Companies House. The Companies House website.
Using the website you may search for a registered company by their registration number. Take note that anyone from around the world may create a company based out of the UK using false information.
I am not a fan of these HYIP programs. It is very rare that I recommend them because there are some things you need to know before you dive into this and throwing your hard earned money around.
Every investment carries some degree of risk, which is reflected in the rate of return you can expect to receive. If your money is perfectly safe, you’ll most likely get a low return. High returns entail high risks, possibly including a total loss on the investments.
Fraudsters likeCashBuzz, OceanVictoa, and Notuna Finance spends a lot of time trying to convince people that extremely high returns are “guaranteed” or “can’t miss.” They try to plant an image in your head of what your life will be like when you are rich.
Don’t ever believe them.
Based on my observation, it is very clear that CashBuzz, OceanVictoa, and Notuna Finance are investment scams.
By the way, Amazing 5 started 6 months ago and now it is official shut down. It is now gone with a lot of money from many victims. This is a prime example of how these HYIPs scam your money.
Why do people keep joining HYIPs knowing that they are Ponzi schemes?
All these Ponzi Schemes are aimed at people who want to get rich quick and do not want to take the tried & tested route of – hard work = success.
Most people want to make lots of money quickly and the legal options are often very limited (e.g. Lottery). When a product promises to give you exorbitant returns, people tend to believe it due to our greed.
However, most of the people end up losing their savings and hard-earned money.
I 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.
I don’t like the reliance on a Ponzi scheme in order to make bad money. Instead, I do affiliate marketing (it’s different) and rely 100% on myself to build an income online. If you are interested in alternative ways to generate a real passive income online, you might want to consider running your own legitimate online business.
One powerful way to do this is through an approach called affiliate marketing. Affiliate marketing lets you earn money by promoting products from other companies. Any product you promote is going to be based on your opinion, and you are not required to stick with just one company.
If this is an area you’re interested in, you could learn more about this through my 7-day free email course. The guide is an excellent way to learn all the ins and outs of affiliate marketing and to get started in the field yourself.
If you are interested to know more how I make money through affiliate marketing, go here.