Overview The company is privately held and has its office in Remich, Luxembourg. According to its LinkedIn profile, the company operates under the ‘Investment Management’ industry and was incorporated in 2010. It doesn’t make sense about a company that sells ‘Crypto centric investment products and services’ since 2010 – the time when Bitcoin didn’t have any value and was only exchanged P2P (mostly for ‘fun’). Being a company that sells products related to technology, we thought to scan https://who.is/ with the company’s domain and VOILA! The domain was registered on 2005-01-14 and was later updated on 2018-12-17. The data of DOMAIN REGISTRAR is private. Other highlights:
* This website’s setup relates to 3 countries
* Online scams and fake sites use the registrar of this website often
‘Mission & Vision’ or ‘About Us’ page of the website The ‘About Us’ page uses cheesy and most common statements that are often used in Ponzi schemes to gain the trust of their users. ‘’We put our clients first. We know our clients are educated and informed and require a service that can be tailored to their high expectations.’’ The page doesn’t give any specific details about the company and statements such as ‘We got our start trading and mining Bitcoin’ are not only grammatically incorrect but it also shows that the company is using ‘blanket statements’ to cover their promises. Also, a responsible ‘investment management’ company would mention the exact date/year of their initial operations. THE MOST IMPORTANT PART IS MISSING FROM THE ABOUT PAGE, i.e., THE TEAM!!
An Investment Management company operating from a residential area? Google Places is one of the best tools for reviewers to investigate addresses and locations. After the missing team mystery, we thought to knock the doors of the company’s office. But when we visited the property ‘online’, we felt a bit strange to disturb a family living peacefully in a residential area. The address as mentioned website locates the office to a private residence which is a bit strange for an investment management company. Below is the link and a screenshot.
7 Rue des Prés, 5561 Remich, Luxembourg.
Company’s Offerings or Products There are two ways one can earn or invest through https://www.kineticinvestments.com/. 1. Buy an ‘Investment Product’ and start getting weekly return ranging from 7% to 14%. Note: This is a promise and not even the largest investment management firm with Trillions of USD AUM (Asset under Management) has legal rights to put out a statement with investment returns promise. Also, there is no legal declaration on the website and no certificate of affiliation with any institution. 2. Become an Affiliate and earn a commission when your referral invests. The earning percentage is distributed under 3 tiers or levels, ranging from 5% for level 1 to 1% for level 3. This means if a person signs under your referral’s referral, then you get will 1% of their deposit instantly, also add up your weekly 7% returns. ABSOLUTE MLM! Right? But the calculations don’t add up.
Wrapping up It’s a no brainer to come to a conclusion about a company that is running on false grounds. Data suggests that 95% of the Ponzi Schemes offering fake products had some visual misrepresentation or typos. An investment management company operating since 2010 with a fake address and no ‘public team’ with promises of huge returns and MLM schemes says it all. We will conclude the article on good notes with important tips on how you can spot the signs that the company is operating a pyramid scheme : Your income is based mainly on the number of people you recruit, and the money those new recruits pay to join the company — not on the sales of products to consumers – In this case, the 3 level affiliate scheme You’re required to buy lots of inventory – Minimum investment in kineticinvestments is 1 Bitcoin with no information on the allocation of investment by the company Outrageous & Unfounded Product Claims – The minimum 7% weekly return
* Deceptive advertising practices
* Unsettling feeling