Royal Investment Consortium Review: A Scam (5 Reasons Why)

 
Have you been scammed by a broker? Complete this form now to get free consultation from money recovery experts
Do you want to expose a broker or comment about their scam activities? BrokerProfile is the uncensored forum where you can discuss freely about good and bad actors.

Royal Investment Consortium is a nasty scam operating from the domain royalinvestmentconsortium.com. The website purports to offer private banking, offshore banking, wealth management and assistance with the registration of offshore companies.

The company is targeting citizens from 49 countries. We did not find the US in the list of supported countries and this is a sigh of relief.

That said, we’re going to expose the scam by listing 5 reasons why we don’t trust Royal Investment Consortium.

If you’re a victim and would like to recover your funds, visit this page to gather more information.

Is royalinvestmentconsortium.com a scam?

It’s a big fraud indeed. In fact, beginning last month (April 2023), law enforcement investigated the company which is registered as Royal Investment Consortium s.r.l.

The CEO of this company is a German citizen named Dr. Frank J. Rottmann.

It’s alleged that through his rogue website (Royal Investment Consortium), he defrauded victims of monies amounting to €545,000.

This is clearly a rogue character and we warn against using the shady company for any monetary transactions.

5 Reasons why Royal Investment Consortium

There are many more reasons why we believe investors of all walks of life should never trust this site. They’re as follows:

1)Not a regulated financial service

The website has already been blacklisted by the financial regulator in Luxembourg.

The Commission de Surveillance du Secteur Financier stated that this company is not supervised by them and has never been authorized to target residents of Luxembourg with their bogus financial services.

2)Lies all over the website of Royal Investment Consortium

The website claims that it is a merger of wealthy families from countries like UAE, Emirates, China, Russia etc.

You have to remember that Russia is currently suffering sanctions, and any business that involves itself with the company will always be frowned at.

The lie is that this company is a merger of wealthy families. The truth is that this is a scam targeting high networth individuals.

3)Using a free email address

The company is unprofessional as they’re using a gmail address to communicate with their clients who end up being victims of the scam.

We do not trust companies that use free email addresses. It speaks a lot about them,

4)No customer feedback for Royal Investment Consortium

This appears to be an underground scam with zero noise from the internet.

Despite victims losing a lot of money on this website, not even a single person came out to report that they were scammed.

It seems the company is surpressing reviews from its victims or threatening them in some way.

5)No evidence that this company deals in the said areas of business

Once a victim sends funds to the scammers, that is the last time they will hear from the company.

However, before the client can turn into a victim, the scammers usually sweet talks and treats them well.

The company has employed experienced boiler room phone operators to handle the victims.

Once the victim gives the last coin, the company will dump them.

Conclusion of this Royal Investment Consortium Review

Just avoid the scam. The red flags are written all over the face of the website.

Before you “invest”, consider the points raised above concerning why we believe this company cannot be trusted.

Thanks for reading and if you need to add something, the comment section is open.

If you believe we’re doing a great job, you can buy us coffee.

1 Comment

  1. Do you want to submit a broker or comment about their scam activities? BrokerProfile is the uncensored forum where you can discuss freely about good and bad trading service providers..
  2. Georg Puskás

    You write that the USA is not on the list of the Royal Investment Consortium List. Wrong, on the RIC website the USA was also listed under “All states of U.S.A.”. I have also sent you the website.
    Yours sincerely.
    Dipl.-Ing. Georg Puskas
    0151-59171631
    georg.puskas@gmail.com

Leave A Comment