Another HYIP has hit the internet – Amazing5.
Amazing5 has been around since October 2015, but has started to recently grow in popularity. Let’s take a close look and find out what makes Amazing5 so Amazing…
Welcome to my Amazing5 Review, where we will be tackling the number one question on my mind –
Is Amazing 5 a Scam?
Name – Amazing5 Limited
CEO – Noah Tucker / Richard Pardee (?)
Website – www.amazing5.net
Minimum investment – $20
Okay, so I recently joined Amazing5 and put $100 into it. I joined on 13th March 2016.
Today is the 16th, and here is a shot from my back office:
What is Amazing5?
The Amazing5 website states it is “an international wealth management company that offers individuals and groups the opportunity to participate in some of the most exciting global investments available.”
Amazing5 is essentially a HYIP (High Yield Investment Program) which offers members the opportunity to share in revenues.
The company makes investments in various markets such as Real Estate, Financial, Tourism, Import/Export, Energy. Future investments are E Currency Exchange Services, Health Information and Product Distribution.
Unlike a lot of the other revenue Share opportunities around such as Traffic Monsoon – Amazing5 is a straight up HYIP. There is no requirement to perform any daily tasks, or surf sites to earn in the revenue sharing. In fact you have to do only two things – make a deposit and choose an investment plan.
Amazing5 should be approached with caution. As with any company offering claims of profit with little or no effort or work, there are risks.
The most important rule when considering entering into any such plan is simple:
DO NOT PUT ANY MORE MONEY IN THAN YOU CAN AFFORD TO LOSE!
These types of programs have a history of not lasting long and closing down without any notice.
Amazing5 offer two investment plans:
With this plan, you will earn a 55% net profit return on your investment. This is paid over 31 business days, which is roughly 43-44 calendar days.
Your balance will only update on business days, and you will be paid 5% each of these days, until 31 business days are reached.
Based on a $100 investment, you should have $155 upon maturity.
With this plan, you will earn a 12% net profit return on your investment. This is paid over 10 Calendar days. I believe this plan doesn’t pay daily, it pays you in a lump sum at the end of 10 calendar days.
Based on a $100 investment, you should have $112 upon maturity.
Amazing5 also offer a generous 3 level compensation plan for referring new members. There are also two grades, Standard and Representative.
To benefit from the Representative Bonus, you have to have deposited and invested $1000 in total – this does not have to be a bulk investment, it can be made up of smaller amounts over time.
Is Amazing 5 a Scam?
There are a few concerns I have when I look at Amazing5:
1 – Incredible claims.
The ROI claims are INSANE. 55% net profit in 44 days?!!! 12% Net profit in 10 days?!!!
2 – The CEO is…who exactly?
Noah Tucker – but I cannot find ANY information on this man – and when I look Amazing5 up on Companies House, it tells me a Richard Pardee is the Director and Broker. I am unable to find any information on this man either, or his relationship with Noah Tucker.
3 – Where are they?
Their address in London (8-9 Talbot CT, London, United Kingdom, EC3V 0BP) seems to house 19 companies. Finding a phone number for Amazing5 is proving difficult. I have requested their contact phone number through their Facebook page, we will see what happens.
4 – Sorry, say that again?
5 – What’s the latest news on the investments?
Although their “Our Story” Page goes into some detail on what the company invests in, there does not appear to be any news relating to their investments, or any financial results.
On the news page, there appear to be a lot of updates about new languages being added to the site. These updates tend to finish with some strange attempts to get more signups, such as:
“If you are still not a participant in our program, then we strongly recommend that you join us right away, as this is potentially a once-in-a-lifetime opportunity that will allow you to significantly increase your capital. We assure you that nowhere else will you find such a good opportunity to increase your capital several times, even ten times over!”
“Yes, we are young, but we are growing stronger everyday because you have shown your commitment to ensure our continued success. You will soon see that Amazing 5 is not just another fly-by-night investment company that is here today and gone tomorrow but an established and secure place to invest your funds!”
Hmmm. But what is the news on the investments exactly?
6 – Okay so if I want help I click Online Chat at the top?
After clicking “Online Chat”, a popup support ticket request box appears. So, no online chat then…
7 – Their tagline
“Invest, Diversify, It’s worth the try!” – WTH does “it’s worth the try” mean exactly?!
8 – The sales video. Wow. Just…wow.
This thing looks knocked up from Fiverr for sure. A highly Americanized sales video for a UK based company. Right.
More English fails in one of the slides within the video:
Warning – proceed carefully. I suspect Amazing5 may not last long. Scam for SURE.
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