In this Finllo review we explain that this investment program is a brutal scam that is made to lose your money.
Finllo Limited is an investment company that offers allegedly guaranteed returns on investments. It guarantees a minimum of 0.7% per day, while the highest investment plan is supposed to earn you 3% daily.
The company is based in the United Kingdom and claims to be regulated.
Table of Contents
Finllo scam
Finllo unfortunately is an investment scam. It cannot make you any money in the long term and we will explain why.
Impossible returns
To see if an investment proposition is a scam, most of the time you just nrrd to look at the numbers. Because scams often offer returns that are impossible in the real world.
Finllo is doing exactly that. 150% after 50 days might not seem too much to you, but it means 30% net monthly, which in the real world economy is extremely high.
In fact, the worlds best investment funds would be happy to achieve that consistently every year, meanwhile every month it simply is impossible.
Remember that Finllo claims that returns are guaranteed, which is another proof of scam, because in investing there are no guarantees at all. In other words, the guarantee promised by Finllo is fake!
Illegal service
Finllo Limited is a company that really is registered in the UK. The first problem is that the company has been registered for only a few months ago, it has no track record, no verifiable history.
The second and biggest problem is that Finllo is not authorized by the Financial Conduct Authority (FCA) to provide investment services, see our picture.
Let us emphasize that for UK companies it is illegal to provide investment services without a license from the FCA. To be clear, Finllo is an illegal investment service and its clients are not protected at all.
How it works
It is obvious that Finllo runs as a Ponzi scheme. It means that it will take money from people and maybe use some of the deposits to payout first profits.
But because no real profits are generated, no real business activity is going on, just an illegal financial game, the system will quickly run out of money and collapse. This is why you have to stay away from it!
Finllo review conclusion
Finllo is an investment scam, an illegal investment service with a fake guarantee. Stay away from it!
If you want to try investing, start on a demo account with a regulated broker.
On the demo you can try everything with virtual money, understand trading and the risk, should you later start investing real money.
