Hi Guys, Have any of you seen, heard of, or put money into this company before? https://bluetrading.com/ My nephew put $10K into it 3 or 4 months ago and put another $30K a few weeks ago. He did take $3K out of the account just to see if he could, before he placed the extra $30K in. He says he is getting the returns that the website says (between 16 - 30% per month), that's right, per month. They show a track record page giving the last 3 years returns. Those kinds of returns screams scam to me. However, the website shows photos of the employees and an award the company says it received. Apparently their fees are 18% per annum or 12% per annum if you have more than $30K in the account. Hence the reason for the extra $30K. Any thoughts would be appreciated. Regards, Rob
As they say in the classics...."If something seems too good to be true, that something probably is too good to be true".
Better put the $40k into bitcoin, there's at least still a 50% chance of seeing your capital after 2 years. Personally, if I have $40k that can be thrown away, I'll buy platinum. There's a good chance it can rise 100% in 2-3 years. Even if it doesn't, the downside is at most 30%.
Office in Japan, compliance in Switzerland, audited by “Chantal” a South African company. If you are worried about their Auditors legitimacy check out their website... http://www.chatal.co.za interesting auditors... only have a cell number, not even a receptionist number lol. Below is the link where the auditor account from Bluetrading links to..... https://d3rhj658mauypp.cloudfront.net/mamm/bluetrading/pdf/ChaTalInc.pdf Plus most of the awards lol click on them.
Blue Trading "Introducing Broker" referral program is already a huge red flag. It is a classic sign of a Ponzi scheme which always end up badly for the ones who come in the game late. They can pull the plug at any time and the money will be gone. +1 for @Oddjob for the Bernie Madoff photo. (https://www.fca.org.uk/news/warnings/blue-trading-bluetradingcom-blue-group)
