Mabcredit appears to be an unregistered, unregulated investment company that may have been established between 2021 and 2022. Here, you can find out if is Mabcredit scam or legit.
Mabcredit review
MABCredit brokers itself is a global investment firm that provides trading, wealth management and asset management services to financial advisors, individuals and corporations.
According to reports, regulatory bodies in the Netherlands, Belgium, and Australia have been monitoring Mabcredit’s operations and website traffic, leading to alerts over potential fraudulent activities.
It offers daily returns of 0.7% to 1.86% from Monday to Friday. However, Mabcredit might be a scam because an unlicensed company does not have regulatory approval to provide financial services.
Is Mabcredit legit?
Mabcredit broker is an unregulated broker. Hence, there is a lack of oversight by financial authorities. Here are the features of why Mabcredit is not legitimate.
- Despite claims on its website, Mabcredit is not registered in Delaware, and there is no business with a similar name at the listed Delaware Avenue address.
- Additionally, the broker is not included in the FINRA and EDGAR databases that track licensed financial services providers.
- The majority of Mabcredit’s customer complaints center on unresponsiveness, high costs, and withdrawal issues – all typical of fraudulent businesses.
Why Mabcredit is a scam?
Mabcredit can be a scam broker. Here are some reasons why MapCredit is a scam:
Lack of regulations
This platform is not subject to the regulations of the authorized financial authorities as there is no supervision to protect the interests of the investors or to ensure the safety of the funds. In the financial world, this is often a serious red flag.
Unrealistic profit projection
Mabcredit makes unrealistic profit projections. It claims to give higher returns than the market. This shows that the company is more interested in raising money than making real profits.
Withdrawal issue
Many users have reported difficulties in getting their money back. The platform’s customer service is unresponsive after depositing, making it difficult or impossible for investors to retrieve their money.
Mabcredit Ponzi scheme
- Mabcredit’s unsustainably high profits and referral bonuses to bring in new members have led many to label it a Ponzi scam.
- These types of schemes give the appearance of deceptive profits by using money from new investors to settle debts owed by previous ones.
- Mabcredit is subject to warnings from authorities in the Netherlands, Belgium, and Australia; It was renamed Genesis Funding after committing an “exit scam”.
Customer support
Mabcredit has limited customer support. The official website of Mabcredit does not perform well. Some of the customer services via email, and live location.
- Email: info@mabcredit.com
- Official website: https://www.mabcredit.com
- Location: 300 Delaware Avenue Suite 210 Wilmington DE 19801.
Conclusion
Mabcredit has attracted a great deal of attention and shame as many sites have called it a scam. This website makes a ridiculous and unsustainable promise of offering high-yield investment opportunities with daily returns not possible in the real financial markets.
Due to the lack of transparency and complaints process, it is advisable to use this site with caution. It is not recommended that you to Mabcredit login alone. If you want to invest in Mabcredit with a risk appetite, you should invest with the support of a financial advisor.
Pro Tip
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