Warning: Is SPS Investment a Scam?
Is SPS Investment (sps-is.com) safe? We found major red flags. It lacks regulation from major authorities.
Review: SPS Investment (sps-is.com)
Be cautious of SPS Investment (sps-is.com); it displays several characteristics of a fraudulent scheme.
We found that the company name is SPS Investment Services Limited (clone), it is located at 1/F – 2/F Pinnacle Building No.9 Ship Street Wanchai Hong Kong, and the phone number is '+85258014181.
SPS Investment claims to be a investment provider, but it appears currently illegal by any credible authority, such as the FCA or SEC.
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Can You Trust SPS Investment?
Our investigation reveals that SPS Investment does not hold a valid license.
Trading with unregulated brokers is highly dangerous. Legitimate firms are always registered with bodies like the SEC, ASIC, or FCA for your protection.
SPS Investment operates without this supervision. This means there is no protection if they keep your funds. Many online scams use unlicensed entities, and getting back funds from them is hard without expert help.
For instance, in the UK, unauthorized firms are outside the jurisdiction of the compensation schemes. In America, they are not members of SIPC, so your capital is at risk.
Common Scam Tactics
Investment fraud is getting smarter. Criminals use manipulation to steal your savings. Below are typical methods seen in brokers like SPS Investment (sps-is.com).
The "Romance" Trap
"Pig Butchering" is a cruel method where scammers groom victims over months. They fake a relationship online. Eventually, they introduce a secret crypto opportunity. It's a trap to lure you onto a fake platform .
The "Bonus" Trap
Scammers create websites that look exactly like real trading apps. You see graphs and profits that go up. But it is a game. The broker manipulates the numbers to make you feel rich so you invest more. When you try to withdraw, the "profits" are gone.
Red Flags
- Unsolicited Contact: You get calls from "brokers" you don't know.
- No License: The firm has no authorization.
- Guaranteed Profits: They guarantee 1% daily returns or risk-free trades.
- Cannot Withdraw: You cannot get your money out. They ask for "tax fees" before releasing funds.
- Aggressive Sales: Agents pressure you to invest bigger amounts.
Do not trust fake reviews. Scammers frequently write their own 5-star reviews to appear real.
Verdict
Our verdict is to block SPS Investment. It is likely a fraud. Protect your money and find a licensed broker. Avoid sps-is.com at all costs.
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