No, Vortex Profits (vortexprofits.com), the website used by this new HYIP scheme pusher, does not look good, no matter how we turn it around. When you run into headlines such as “We Provide Financial Advices”, “Being Expertise” and “We Do Thing in a Smart Way” it is just impossible to take anything the site says seriously. This whole setup looks like the winner of some kind of a race to the bottom, where even more or less proper English is unheard of.
Yes, in strictly technical terms, poor English may not matter. When it comes to a company masquerading as some sort of financial advice-dispensing organization with a “global reach” though, it instantly raises a massive red flag: how can a company like this not afford to pay for someone to write proper copy or to proofread the existing one?
What Exactly is Vortex Profits?
To make a long story short: it is a textbook Ponzi, carrying every single one of the traits of a pyramid scheme, with pride. That makes us think that this operation may just be aimed solely at those who are not familiar with Ponzi schemes.
The Vortex Plans section of the site makes this painfully obvious. It peddles three investment plans, the cheapest one of which is the “Bitcoin” level. Exactly what the cryptocurrency has to do with the plan, is quite unclear though…The scammers apparently want people to believe that the profits guaranteed by this plan come from investments in Bitcoin.
The plan spans 88 days, and its guaranteed minimum daily return is 2.5%, which is indeed the definition of “too good to be true.” That would add up to about 75% return per month.
Where the true colors of the setup shine through though are the Referral and Binary percentages promised to participants. These are the rewards they will allegedly receive for building up the pyramid below them. The required investment amount for the Bitcoin plan is $22-$999.
The Gold Plan requires a minimum investment of $1,000 and – you’ve guessed it – it earns its proceeds from investments in gold. This plan is essentially the same as the previous one, with slightly higher percentages offered across the board.
The Oil plan is at the top of the tier-ladder. These people must be really skilled trading oil, because this plan offers the most generous returns while featuring the steepest buy-in costs.
Through these plans, these people are telling us that they can generate monthly returns of 75% trading Bitcoin, 75%-105% trading gold, and 105%-135% trading oil. The case can indeed be rested right here…
Vortex Profits’ Background
The About Us page of the Vortex Profits website gives us the expected nonsense about the operator’s investments in Bitcoin, gold and oil. Obviously, none of this adds up in any way.
Surprisingly, there is a name given on the page, that of the person who is allegedly behind the whole thing. Unfortunately, this name – Griffin Wrights – seems entirely made up, with no records of it available anywhere online. This is hardly surprising though…who would want their real name on a Ponzi scheme as obvious as this one.
Best Crypto Exchange
Best Brokerage and Auto Trading Robot
Recover Money from Scams
The company behind the operation is apparently Vortex Profits Ltd. based at 22, Northumberland Road, Ballsbridge, Dublin 4. According to the registry of Irish companies, the company was set up on September 15, 2017, so it’s barely a couple months old. All this falls well in line with the Ponzi angle.
The company director is apparently Karen Corcoran, and Shabbir Garana fulfils some kind of a corporate role too. Whether these are the names of real people or not, is difficult to tell at this point.
With the operation being this new (and its pitch this transparent), it comes as no surprise that there are no complaints about it out there yet. Probably no one has fallen victim to the scheme yet. There are plenty of reviews about a certain Vortex Assets though, which may just be related to the reviewed operator.
The Vortexprofits.com Domain Name
The domain name was registered by the same Griffin Wrights mentioned above. The registrant’s phone number available in the whois data is +46.769438328. The domain was registered on August 8, 2017. The registered admin organization is Vortex Profits Ltd.
The Vortex Profits Support can be reached through a live chat feature from the site, as well as through the above mentioned phone number (+46.769438328). The support email is [email protected]
Vortex Profits Review Conclusion
Vortex Profits does not look like a trustworthy operation from any angle. Its “business model” is painfully obvious and it is indeed based on a pyramid scheme, which the pushers of the operation are not even really looking to hide. Steer well clear of this one!