WARNING: Spey Invest is a scam – review

In this review of Spey Invest we show that this program of Daniil Solopov is a scam.

What it is about

Spey Invest scamSpey Invest is an investment program that is supposed to make you money. You make a deposit and the company will allegedly invest in cryptocurrencies to make you 1 – 1.4% per day.

It means that if you choose the Silver plan, the return ratio is 100% in 200 days. For example you deposit $100 and you get $200 back (the deposit is non-refundable).

If you choose the Gold Plan, the return ratio is 300% in 250 days. If you choose the Platinum plan, the return ratio is 420% in 300 days. These are very high numbers, are they real?

Spey Invest scam

We investigated Spey Invest and we came to the conclusion that it is a scam. First of all return ratios between 100 and 420% in less than a year are not achievable with an honest investment program. Only high yield investment programs and other scams offer these kind of figures.

Daniil Solopov

Scam artist Daniil SolopovThe alleged founder and CEO of Spey Invest Daniil Solopov is a scammer, or should we rather say a fictitious character.

The guy on the photo is a marketing model, check our picture. People who created this scam faked the stock photo and places the Spey logo into it.

Spey Invest LimitedIt’s clear that a company that lies about the identity of people who run it, is a scam, there’s no way around it.

We also had a look at the Companies House  and we found a company named Spey Investment, but guess what, it is run by a certain Francis Paul Reeves! And it of course has not a licence to run an investment program.

What’s more, this company is only a few months old, so it has no track record, it is absolutely new. All these things are warning signs!

How it works

Spey Invest is obviously a HYIP / Ponzi scheme. It means that returns are paid from new deposits, there is no real trading behind the program. It means that when the owners decide or when there are not enough new deposits to pay out returns, the program will collapse. This is how it works.


Spey Invest is clearly a scam, because the company has faked the identity of its CEO and because it is offering returns that are absolutely not realistic in a normal investing world. Stay away from it!

If you want to see how trading with cryptocurrencies looks like and what kind of money you can make in it, try a free demo account with a regulated broker.

You first need to build a profitable strategy in testing before you can start investing real money.

Review Date
Reviewed Item
Spey Invest
Author Rating

1 thought on “WARNING: Spey Invest is a scam – review

Comments are closed.