Pringpro located at pringpro.com that claims investors can make 50% on their investments in 25 days appears to be a Ponzi scheme. A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors, promising high rates of return with little risk to investors.
Here are some similar characteristics of Ponzi Schemes:
- A guaranteed promise of high returns with little risk
- A consistent flow of returns regardless of market conditions
- Investments that have not been registered with the Securities and Exchange Commission (SEC)
- Investment strategies that are secret or described as too complex to explain
- Clients not allowed to view official paperwork for their investment
- Clients facing difficulties removing their money
Pringpro's Website
Pringpro's website claims their service is down and it will be back up in 3 months. Also, their Facebook and Instagram pages have been taken down.
Remember, Pringpro is located at pringpro.com, and not at prinpro.com.
If you have any information about Pringpro, please leave it in a comment below.