Solid Trade Bank Scam Review
OFFICIAL SCAM URL: solidtradebank.com
The Solid Trade Bank HYIP claims to provide you with very high returns on a weekly basis by investing in multiple revenue streams as well as securities trading. Yes, it does sound like a good deal, and at first glance, the Solid Trade Bank seems legit enough to invest in, at least in the eyes of newbie investors. However, if you take a closer look at it, everything quickly falls apart, as there is just no evidence to back up any of the claims made here. Yet, there is more than enough evidence that we have found to prove once and for all that this Solid Trade Bank HYIP is nothing more than another dirty scam.
Solid Trade Bank Investment Program – Company & Leadership
One aspect of the Solid Trade Bank HYIP that does not sit right is the fact that there is absolutely no information listed about company leadership or about the company itself. For one, this investment program is totally faceless and anonymous. There is literally not a single mention of who owns or runs this Solid Trade Bank investment company.
This is very suspicious indeed, because if we do not know who is behind something like this, then we cannot possibly trust it with our money. It’s pretty obvious that these guys are doing something criminal, and they do not want us to find out who they are. They just don’t want to end up in prison for ripping you off.
Moreover, there is also absolutely no information about the company either. We are never told where it is based or which country it operates out of. Furthermore, when it comes to investment companies like this, which claim to trade currencies, invest in real estate, and perform other banking activities, they require special licensing and authorization.
However, there is absolutely no information about company registration or licensing, which leads us to assume that the Solid Trade Bank company is not registered, licensed, or regulated. In other words, this is a totally illegal and fraudulent investment company that has no business taking or investing your money. It’s not legit in the least.
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Solid Trade Bank Business Model
The next red flag which came to our attention is that the Solid Trade Bank claims to engage in a number of revenue streams to help put money in your pocket. These guys claim to invest in banking, oil and gas, heavy industry, real estate, and trade on the securities market.
It just seems like this investment program is spread extremely thin, with little to no information about any of these revenue streams being disclosed to us. It looks like the Solid Trade Bank does a whole lot, but when it comes down to it, the total lack of info present on the website does not convince us of this claim at all.
We would say that it just seems like these guys are spread to thin, but in all reality, it is very doubtful that this investment program engages in any investments or trading of any kind. It’s just all big talk to lure in unsuspecting victims.
Solid Trade Bank Scam – Highly Unrealistic Returns
Another scam factor which came to our attention in regards to this Solid Trade Bank investment program is the fact that it advertises some fairly unrealistic returns. The claim here is that this investment program can generate 2% in ROI per week for 25 weeks, which would equal roughly 110% in ROI per year.
Now, this does not sound outrageous when compared to other investment scams. 2% per week may not sound unreasonable, especially to newbie investors, which is why this Solid Trade Bank investment scam has managed to lure in so many victims.
However, if you look at other hedge funds, you will notice that they all top out at around 30% ROI per year, at the very most, which then makes the 110% ROI per year promised here look very unrealistic. Folks, a hedge fund or investment company just cannot double your money in a year. Life does not work that way. There is also the fact that this scam has been around for a number of years now, there are tons of complaints about it, and nobody has ever managed to break even here, let alone make a profit. It’s a rip off.
Solid Trade Bank – Pyramid & Ponzi Scheme
The other red flag which popped up in regard to this Solid Trade Bank investment scam is that it is clearly a Ponzi scheme and a pyramid scheme rolled into a neat little package. These crooks have an affiliate program in place which claims to provide you with an extra 0.5% in revenue if you get other people to invest by promoting their referral links. However, this is simply not true at all. We have gotten hundreds of complaints over the years in regard to this.
The fact of the matter is that the crooks behind the Solid Trade Bank scam are more than happy to take money from anybody, but you won’t ever see that referral bonus. It’s just another trick to lure in even more victims into the fold. These crooks have paid out some cash to people, but not nearly enough to break even, but just enough to keep the first investors complacent. Folks, the Solid Trade Bank simply keeps the majority of profits for themselves.
Solid Trade Bank Review – Final Thoughts
The bottom line is that this Solid Trade Bank investment program is undoubtedly a scam. This scam was already active a few years back, but due to a high number of complaints it decided to lay low for a while, but now it’s back a with a vengeance and stealing money from anybody that crosses paths with it. There is literally not a single shred of evidence to indicate that this Solid Trade Bank investment program is the real deal. However, there is more than enough evidence to prove that it is indeed a total scam. It’s a rip off and you need to stay away from it!
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