Swiss Asset Management Review: 5 Reasons swissam.ch is a Scam

 
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Swiss Asset Management aka Swiss IAM is a website that claims to offer financial services in the area of retirement planning and investment advisory. The website of this broker can be found at swissam.ch.

One thing we noted is that the domain swissam.ch has been around for 2 decades but the company itself was launched in 2021. Scammers prefer old domains because it gives their victims the sense that the company has been around for long and is therefore trustworthy.

We were able to find out through WayBackMachine tool that indeed Swiss IAM is playing this game in order to feign legitimacy.

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Is Swiss Asset Management (Swiss IAM) a scam?

Swiss IAM is definitely a scam as the website is filled with lies from page to page. Furthermore, we found out that regulators such as Finma as well as the International Organization of Securities Commission have blacklisted Swiss IAM and sounded an alerm to their citizens. This is only possible when an investment platform lacks proper documentation or licensing.

5 Reasons why Swiss IAM (swissam.ch) is not legitimate

In this section of our review, we provide you with 5 solid facts about this suspicious company. You should not fall for their lies as these scammers intend to steal your retirement money.

An unregulated investment advisor

The broker is claiming to offer investment solution but the question is why they didn’t get a license to prove their credibility. Swiss IAM is also claiming to offer diverse investment strategies to its clients but these financial services can involved a lot of money exchanging hands. So why did this company decide to offer these services without seeking authorization from FINMA the local financial regulator. Don’t you find it suspicious?

Swiss Asset Management is run by scammers who tell lies

The job of frausters on the internet is to tell lies to try and get to your wallet. They claim that the company is officially licensed by ARIF Genf. They tell us that ARIF Genf is a self-regulatory body which has been approved by FINMA. We actually checked these records and found that Swiss IAM is lying about their license number.

No reviews about Swiss IAM

The scammers have refrained from promoting their illegal platform. If you search Google for reviews, you will not find any reviews or persons discussing their experience with Swiss IAM. What is disturbing is that Swiss IAM has caught the attention of the authorities and this could mean the scam is widespread. Generally we don’t trust companies with no reviews or feedback from other investors.

Anonymous broker operating swissam.ch

The company is not transparent. The owners are anonymous and it’s for very good reasons that they prefer to stay off the limelight. The scammers simply don’t want to risk arrests and embarrassments. They’re trying really hard to maintain a low profile but as soon as the scam is widespread, we may see authorities tracking them down.

Swiss International Asset Management AG offices are closed

We tracked down the offices where Swiss International Asset Management AG is allegedly based at and found that it’s temporarily closed. On the search engine Google, these scammers have provided the address Rigistrasse 2, 6300 Zug, Switzerland. The problem is that if these guys are closed but their website is functional, how will you trust them with your money.

Conclusion of this Swiss IAM review

The broker is just another clever scam operating out of Switzerland and targeting the elderly. The truth is that the people behind this shady asset management company are likely to disappear anytime. Once you give them your retirement money, they vanish leaving you with no option.

We implore you to also equip yourself with these tips to stay safe on the internet.

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