Phunemz Coins Fx Review: An old-style Ponzi scheme

 
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Phunemz Coins Fx wants you to believe that they’re a credible investment platform that is operated by qualified financial experts and experienced traders. Phunemz Coins Fx claims to provide online investment opportunity that is ‘highly profitable’ as their highest investment plan is supposedly paying 150% after 20 days while the least profitable plan pays out 10% in 1 day. The profits are supposedly coming from trading the Forex market and from investing in digital money.

The platform is operated from the domain phunemzcoinsfx.com which was created just recently …. in March 2023. It seems they started on a high note as they’ve also caught the attention of securities regulators. This means that if you have been scammed by phunemzcoinsfx.com, you can schedule a free appointment with money recovery experts and you can actually recoup your lost funds.

Reasons why Phunemz Coins Fx is a scam

Th website phunemzcoinsfx.com is talking of having been founded in 2019. They even provide a dead link to their company registeration certificate. These scammers aren’t clevers as this is a dead giveaway of their intentions.

The truth is that Phunemz Coins Fx is not yet incorporated. They claim to be in the UK but this does not contribute anything towards building their supposed credibility. We noticed that the UK financial regulator issued a warning against this website long time ago, stating that it is an illegal investment platform and that investors will likely lose their capital.

Now, the interesting part is that phunemzcoinsfx.com is very anonymous. These folks are not interested in disclosing their identities. The stock photos of the CEO and the staff are used for that purpose. The social media links to their profiles and work experience are leading to nowhere.

In addition to this, phunemzcoinsfx.com is unable to write a comprehensive about page without using vague language to describe who they really are. This is certainly not a legit investment website.

Are Phunemz Coins Fx going to pay or not pay?

Just like Furio (another clever ponzi scheme), these guys might pay initially because they want to grow the ponzi scheme and make it popular. People don’t care as long as they make money and if they hear that others are making money, they will rush there to have a piece of the pie.

For that reason, investors who join Phunemz Coins Fx early may enjoy some returns from the platform. But the vast majority will suffer a big loss. The ponzi scheme owners always want to take the larger share.

On the other hand, Phunemz Coins Fx might decide to keep all the monies they receive and then close down the site and disappear. This is a real possibility and this is also why you should not bank on the possibility of joining early to get paid. In most cases, these sites will lure investors to deposit thousands of dollars before disappearing and not paying a single cent.

Conclusion of the phunemzcoinsfx.com review

As a matter of fact, phunemzcoinsfx.com is not a popular site and so we can confidently say that since they started, they have not paid anyone and also probably they haven’t signed up anyone.

No matter the status of this site, never sign up. This is the first rule. If they approach you through the phone or social media, ignore their messages.

Kindly share your experience with a ponzi scheme by commenting below so that others can take note and learn.

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