Tess Line is the new fraud in the online investing niche. Their presentation skills are literally out of the world. They might seem like an all in one solution for your trading needs. However, remember that looks can always be deceiving.
We searched the details about their so called CEO on the internet, but nothing relevant showed up. So, the number of false narratives around this platform is huge.
Moreover, the details about the real owners are masked which means they are professional fraud. Join us in this detailed review to know everything about these online breed of scammers and find out why you need to avoid them.
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CEO and Team
The CEO of this firm is Iain Cameron. Along with the details of this alleged employee, there is a ton of information about the other so called important members as well on their site.
For a beginner, this might seem like the most transparent firm ever, but do not get confused. We tried to trace the identity of the people and as anticipated they all turned out to be fake.
The images shown are stock photos which can be found for free on the internet nowadays. So, think for a moment, why would they lie about the employees unless they are trying to hide something from us?
Company and Support
Investment banks and finance related activities should be overseen by regulatory authorities in most of the countries. This platform showcase an incorporation certificate on their homepage. However, it is not mean that, they are legit.
We did a search on the database of the FCA and found no details about them. So, without a shadow of doubt know that, Tess Line is a scam. Fake claims about their legality are put up just to earn credibility in the investors community by pretending to be a big institution.
You can contact the support staff of this firm via telephone and email. Note that, they will answer your emails as long as you are willing to invest with them, but once they have your credit card details, you will be blocked forever.
The contact information are as follows.
Phone – +353 1 443 3309
Email – [email protected]
Tess Line Business Model
This firm claims to be a trading solution. Though, they boast about generating high returns, there isn’t any tangible proof to verify it. We checked there platform to see if there are any information on how they handle the funds, but nothing credible showed up.
There is an infographic showing their alleged distribution of funds, but that is nothing more than flashy presentation. The investors do not know about the kind of trading process they use and are completely unaware of the statistics like maximum drawdown and win rate.
On top of all that, we do not know the details of the fund managers. Keeping all the disturbing facts we talked about earlier, never be the one to give them the benefit of doubt.
There are two investment packages they feature on their website. To earn higher returns, investors are led to believe in starting with maximum deposit amount. The idea of getting rich through trading is exciting to think about, but do you really think you can make money by pushing few button?
We hope not because it will not happen in reality. Check out their plans below.
Returns – 1.60% Daily
Duration – 30 Days
Minimum Amount – $50
Returns – 205%
Duration – Not Specified
Minimum Amount – $2,500
Many promoters use affiliate marketing as a way to monetize the traffic of their blog or vlog. Though, the concept of affiliate marketing is not harmful, in this case the intentions is.
The creators are giving a part of the revenue they earn from the investors to the marketers which is why many shady networks are recommending them.
In short, if anyone is creating fancy tales about how they made money with them and pushing you to work with their platform, then they are all looting you. So, if you see any advertisement or endorsement, run away from it in the opposite direction.
Since the owners of this website are tech savvy, we couldn’t trace them out. However, below are the key insights about their domain.
Domain – Tessline.com
Registered on – 24/01/2018
Expiry – 24/01/2026
Alexa Global Rank – 25,729
Rank in Japan – 9,367
Audience Geography – Japan, Italy, Spain, Brazil and Germany.
Lack of Social Proof
One of the things we keep track of when it comes to analyze a platform is feedback from the clients. Sadly, there isn’t much testimonials of customers who have used this service.
We strongly believe that, many investors were smart enough to detect the real agendas of the firm. However, you are more than welcome to share about your experience down below in the comments. If you come across any comment with a referral link, then stay away from it for your own good.
Tess Line Review Conclusion
Tess Line is a pathetic ponzi scheme which will end in a horrible manner. They are creating manufactured backstories about their firm to lure people in and are not hesitant to go to extreme lengths.
Doubling up your capital seems like a rewarding venture, but remember that it’s not sustainable. On top of all these flaws, they are operating anonymously. In short, they are not at all worth your time and money.