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In the realm of online investing, there are many fraudulent companies that disguise themselves as reliable services but are actually Ponzi schemes. Welcome to the Dividend Growth Ltd review, where we will examine another investment project that is not recommended for deposit due to numerous suspicious signs.
The company’s official website is not very impressive. The top of the page features the current time and an online calculator that allows you to calculate future profits based on a certain investment amount and duration. There is also a general panel with sections about Dividend Growth Ltd, terms, contacts, FAQ, partner program, and project news. Interestingly, the news section is not updated. It seems like it was created for appearances or was part of a template used to create the site, and they couldn’t or forgot to remove it.
The homepage contains only a brief description of the platform’s activities, but without details, as well as some conditions for investments and the partner program. The site is available only in English, with no other languages supported. The footer lacks a risk warning and legal documents, but it does feature logos for X and Facebook. Incidentally, the account on X is suspended.
The only way to contact them is via email. The project promises to add a phone number, but this is unlikely to happen. There are also social media accounts, but they are inactive, so writing to them is pointless. You can try leaving a message with Dividend Growth Ltd support through a special form in the contact section. An online chat is absent for some reason, and communication via email is too slow.
Firstly, it is important to note that Dividend Growth Ltd guarantees daily returns, which is impossible. Promising guarantees in investments is legally prohibited in many countries. Moreover, it is impossible because there are no guarantees in financial markets and investments.
There is no range of tariff plans; instead, a daily return of 0.65% is offered to all investors, with profits credited only on working days. This results in an annual interest rate of 170%, not considering compound interest. The other conditions are as follows:
In addition, Dividend Growth Ltd offers a partner program. According to information on the official website, it has two types: standard members and representative. In the first case, the investor receives 2% of their referral’s deposit, and in the second, up to 10%, but other conditions are not specified.
An annual return of 170% without reinvestment, promises of guaranteed income, and a partner program are direct signs that the company is a Ponzi scheme, also known as a HYIP. Such investments carry a high risk because these projects inevitably close down sooner or later, and clients lose their money.
From the section on investment conditions, it is clear that the company operates as a Ponzi scheme. This means that payouts to old investors are made using the money from new investors. However, sooner or later, the influx of new clients decreases, leading to a situation where there is no money to pay the old investors. In such cases, the HYIP collapses and shuts down, leaving all its investors without money. The scammers walk away with the funds. However, there are other negative factors that also need to be considered.
Dividend Growth Ltd lists its headquarters address in the United Kingdom. A search in the Companies House legal registry showed that a company with that name was indeed registered on May 20, 2022. However, on October 23, 2023, it was marked as dissolved. Currently, it no longer exists and is closed.
To legally operate, the company must obtain a license. In the UK, such firms are regulated by the Financial Conduct Authority (FCA). Without such permission, accepting deposits from clients is illegal. A check of the FCA register showed that the organization does not hold any licenses, meaning it operates entirely illegally.
That’s not all. Dividend Growth Ltd does not provide financial reports that could confirm the existence of real business activities generating profit. How can the project prove that it derives income from operations in financial markets? It cannot. Moreover, the names of the founders are not mentioned, and trusting an anonymous website on the internet is a very foolish and risky idea.
The absence of a license and a legal entity, along with the inability to prove the existence of genuine activities, combined with such investment conditions, are all signs of a Ponzi scheme. There is no doubt that this is a typical HYIP, which will inevitably scam all its investors in the end.
Despite operating since 2022, there are not many reviews about Dividend Growth Ltd. Why is this? The project promises a daily return of 0.65%. It seems that people understand that this is a scam and a very risky investment, so they do not invest here.
The company has all the main signs of a HYIP, so investing here is not recommended. Additionally, there are very few reviews, indicating that the firm is unlikely to be popular. Where will it get the funds to pay returns if no one is investing? Dividend Growth Ltd is a dangerous project for cooperation, and you can easily lose your money here.
How do people receive payouts? I have seen on various forums that people are getting payouts. Why am I not receiving anything? It’s been over a month without anything good from Dividend Growth Ltd. I have $200 stuck that I want to withdraw, but I can’t. Am I doing something wrong? Or do I need to meet certain conditions? Or are those reviews about payouts fake? If anyone has the same problem, please advise what I should do. I don’t want to lose my money. Please help.