Introduction
Today we will review a platform that have been making noise lately is Vortic United, an online investment company.
However, an in-depth analysis of this platform suggests a darker reality.
This review aims to dissect the questionable operations of Vortic United and provide insight into the various red flags that have caused it to be branded a potential scam by various sources.
A Closer Look at Vortic United
Who is behind Vortic United?
Vortic United is supposedly led by a man named Jensen Robles, who is allegedly the CEO of the company.
Vortic United operates under the jurisdiction of Vortic Holding LTD, headquartered in the United Kingdom.
However, upon examination of the UK’s company registry, it was discovered that the company was compulsorily struck off and dissolved on January 11, 2022.
Interestingly, Vortic Holding LTD is not licensed by the Financial Conduct Authority (FCA), thus they are not authorized to offer investment in UK.
Moreover, Vortic Holding LTD has four more companies under its structure:
- Vortic United Limited (Hong Kong)
- Vortic Consulting LTD (United Kingdom)
- Vortic Exchange and Payment Solutions Limited (Seychelles)
- Vortic United OU (Estonia)
The international spread of these companies raises more concerns about the credibility of Vortic United.
Investment Plans
Vortic United offers four different investment plans, which they refer to as ‘portfolios’:
- Portfolio A: Requires a minimum deposit of $100 to $2500 with a promise of 0.8% daily returns, 4% weekly returns.
- Portfolio B: Requires a minimum deposit of $2500 to $9999 with a promise of 1% daily returns, 5% weekly returns.
- Portfolio C: Requires a minimum deposit of $10000 to $49999 with a promise of 1.2% daily returns, 6% weekly returns.
- Compounding portfolio: Requires a minimum deposit of $5000 to $50000 with a promise of 1.6% daily returns, 8% weekly returns.
A look at these portfolios reveals that the promised returns are unattainable and unsustainable in the long term.
Such high yields are a classic indicator of a pyramid scheme, where the returns for the older investors are generated by the funds of the new investors.
Promotion and Advertisements
Vortic United is very active on social media platforms like Facebook, promoting webinars every Monday and Wednesday at 3:00 pm EST.
The homepage of the webinars reads: “Earn up to 35% per month, trading 5 Days a week.” The promise of 35% monthly returns is a clear red flag. It is nearly impossible to sustain such high returns consistently, which points towards the deceptive practices of Vortic United.
Warnings and Reviews
The Bank of Russia has issued a warning against Vortic United, classifying it under ‘Signs of a Financial Pyramid’. They detected signs of a pyramid scheme and added the company to their warning list on 20th February 2023.
Several review platforms and forums have also raised flags about the company, categorizing it as a probable scam due to its dubious operations and unrealistic promises.
Conclusion
From its ambiguous leadership and unlicensed operations to the impossible promises of high returns, the company appears to be a ticking time bomb.
Individuals are urged to exercise extreme caution when dealing with Vortic United. The glamour of high returns should not blind potential investors from the risk of loss due to fraudulent operations.
Got Scammed by Vortic United?
If you have lost money with Vortic United, stay calm. It has likely happened to many others, and it its important to learn from these experiences. Do not forget that even the most cautious investors can fall victim to online fraud.
The good news is that there is help available. The team at MyChargeBack – a specialist group dedicated to helping consumers recover funds lost online – can help you.
5 Simple Steps To Get A Chargeback From Vortic United
Follow our straightforward guide to efficiently reclaim your lost funds from Vortic United with minimal hassle.
- Complete the Form: Begin by completing the form above, providing necessary details about your case. This allows the team to understand your situation with Vortic United and prepare for the consultation.
- Get A Free Consultation: Schedule a free consultation with MyChargeBack team of experts. During this consultation, they will assess your case and offer guidance on the best course of action to recover your lost funds from Vortic United.
- In-Depth Case Analysis: As you proceed with MyChargeBack, their expert team conducts an in-depth analysis of your case, identifying the optimal chargeback strategy for fund recovery based on your unique circumstances.
- Recovery Process: Their team of specialists scrutinizes your case, collects evidence, and negotiates with the involved parties to expedite the recovery of your funds. MyChargeBack team will consistently communicate with you and your bank or card issuer during the chargeback process.
- Fee Payment: Upon successful recovery of your funds lost to Vortic United, MyChargeBack charges a fee as a percentage of the reclaimed amount. If fund recovery is unsuccessful, no fees apply, except in exceptionally complex cases.
Through these five straightforward steps, MyChargeBack simplifies the fund recovery process, enabling you to reclaim your money from Vortic United with minimal inconvenience.
FAQs
Who is behind Vortic United?
Jensen Robles is reportedly the CEO of Vortic United, a part of Vortic Holding LTD.
What does Vortic United promise its investors?
Vortic United offers four portfolios with different investment minimums, promising daily returns ranging from 0.8% to 1.6% and weekly returns between 4% to 8%.
Has Vortic United received any official warnings?
Yes, the Bank of Russia has issued a warning against Vortic United for showing signs of a financial pyramid.
Are the promises made by Vortic United sustainable?
No, the returns promised by Vortic United are unrealistic and unsustainable. It’s highly likely that these are tactics employed by pyramid schemes.
Should I invest in Vortic United?
Given the numerous red flags raised by several sources, we strongly advise against investing in this platform.