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Crowd1 Review: Scam or Legit Investment?
February 27, 2020 By // by John Leave a Comment
Welcome to a Crowd1 review that isn’t going to sugarcoat things.
I have been asked the same question over and over again.
Is Crowd1 a scam or should I invest?
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Good Choice For Experienced Traders!
That gets old really fast and there’s no better way to address things than through a nice Crowd1 review.
I know how it is to be anxious to join something and I know how it is to jump the gun with lots of regret later.
With such experience, I want to give you all the information you need so that you can make a wiser decision on your own.
Rather than having some kind of detailed explanation about the comp plan and all that unnecessary stuff, let’s just be real and get straight to the point.
How about we answer some of the most common questions that come with the territory.
Is Crowd1 a scam or can you really make money legitimately?
Is this a Ponzi scheme that you should avoid completely?
There are many questions that can be a little confusing to some of you.
Even if they come with the right answers, there is a lot of “grey area” with sites like this and that is why I want to clarify several things.
So before you go joining the person who introduced this to you, let me explain how everything works and why you should stay away from this and every other program of its kind.
Table of Contents
Crowd1 Review – Overview
Owner: Stelios Piskopianos
Type of Business: Recruiting
Price: €99 (starting)
Overall Rating: 1/5 stars
Overall, this is nothing but a recruiting based program with no actual products that offer any kind of value. Get others to join and that is exactly how you will make money.
What is Crowd1?
Does anyone really know what Crowd1 is?
A crowdfunding program like 30 Day Success Formula and many others that has no actual products but rather the “opportunity” to share it and make money?
That’s usually the case with these types of sites and that is also why there is nothing good to be said about this company.
Of course its members will speak highly about them and that’s only because they have put money in and are not willing to lose it.
However, there is nothing good in the news about this company and there are even people getting arrested for participating in this scheme.
How it Works
Before I was asked to do a Crowd1 review I knew absolutely nothing about this site.
That then led me to their site to do some research and of course being exposed to their actual website.
Just being on that site is almost enough to have you feeling like Crowd1 is a legit company.
It’s not the domain name or what they say on their site (because that isn’t even good) but rather the fact that there’s an actual app.
No one ever associates a scam with an app and that alone is enough to have you feeling comfortable about things.
With that comfort comes plus the fact that it is completely free to get signed up comes the simplicity of you putting in your personal info.
Then you get into your back office and you see all the possibilities.
That’s when your curiosity kicks in and you see the different pricing options and the potential of you getting others to join.
The Red Flags
Up until this point, everything seems legit.
Nice website, free to join, and there’s even an app .
Everything seems great and you’re confident that you’re with a legit company that will actually help you gain some kind of extra income.
If that’s what you thought, I want to show you several reasons as to why you shouldn’t base a money making opportunity on looks alone.
Lack of Information
Never judge a book by its cover and that same saying even applies to money making opportunities.
Pretty websites and apps are only a piece of the pie but one of the most important things is going to be its content.
With Crowd1, you not only get a barely vague explanation of what they are about but the information is also sketchy.
It almost makes no sense and they leave out the more important things like what you will be getting.
Instead, they let you join for free so that you feel that you have nothing to lose.
Giving you that little taste can lead to some really bad decisions and that’s just how these schemes are designed.
I don’t care what kind of business you run, there needs to be at least one of two things.
A product, a service, or both.
Without any of those, you can bet that you are not running a legit operation but rather a recruiting ponzi of some sort.
Sure you can make money by getting others to join you but that’s about the only way that you can make anything.
It’s understandable if you’re in an actual MLM like Melaleuca that has a kazillion products but Crowd1 doesn’t even have one.
Then again, with something like “crowd” in its name, you can almost tell what everything is about.
At least for people like me that have been apart of and reviewed many programs like this in the past.
Not Accepted in the US
Now that’s completely insane but I definitely understand why.
The United States is strict and will lay the hammer.
They don’t want any issues with the laws that protect and defend those that live in the US.
Dealing with people in the US comes with complaints and all kinds of legal BS that none of these types of sites are willing to deal with.
What’s even crazier is the fact that they accept people from a lot of countries where fraud is high and that aren’t normally allowed.
Things are different with Crowd1 and it’s not for any other reasons besides the ones I just mentioned.
Being that Crowd1 is based in Spain, the currency of choice is going to be EURO.
It is going to cost you €99 to get started with Crowd1.
That’s about $110 USD.
There are other packages as well, with each of them coming with the same “products” and the only thing being different being the bonuses.
The key component here is their “owner rights”, which does nothing but give you the chance to resell what you just bought.
In the world of Ponzis and the internet, we refer to these as pay to play scams.
Now the pricing starts at just over $100 but they can go as high as $2500.
It sounds crazy but people are actually paying that price and only because of the dang owner rights BS.
Just remember the complaints about others not getting paid and that should help you think twice.
- White – €99
- Black – €299
- Gold – €799
- Titanium – €2,499
Crowd1 Review – Conclusion
So is Crowd1 a scam?
Crowd 1 is not a legit business, even if there are people making money.
If selling air just so YOU can make money is okay with you, then there’s something wrong.
There are several complaints of people not getting paid.
But even at that, you should be a little smarter.
Think about what you’re buying and think about what you will be selling.
This is not a legit business model and of course I do not recommend it.
DO NOT JOIN CROWD1!
Besides that, I hope this Crowd1 review has given you more than enough information to make a smarter decision than most.
Unless you want to complain about losing money like everyone else, stay away from this or anything like it.
I hope you enjoyed that post. I’m John and I am the owner of this site. I like to think I’m a normal dude just like everyone else but that wouldn’t make me unique. I do have 4 kids and I have gone through the hardest of times, most especially financially. With some learning and growing, I have managed to get back on my feet and live the laptop lifestyle most people only dream of. With that knowledge, I hope to align you with a real and legit way to make money online.
LittInvest Review – Is littinvest.com scam or good forex broker?
RECOMMENDED FOREX BROKERS
|Account type||Minimum deposit||Maximum leverage||Spread|
|Mini||$250||Undisclosed||From 2.7 pips|
|Standard||$500||Undisclosed||From 2.7 pips|
|Gold||$2,500||Undisclosed||From 2.7 pips|
|Platinum||$5,000||Undisclosed||From 2.7 pips|
LittInvest is a company offering a mix between forex trading and binary options. The company has multiple account types, although no information about the trading conditions is given. The benefits included with bigger deposits are things such as educational programs and personal phone calls (basically nothing special).
Also offers binary options – We are not certain if this should be viewed as an advantage, but at least it’s a feature of this company. Recently, a lot of binary brokers have started offering products which are closer to spot trading. While this is a more complicated mechanism of accessing the markets, it gives traders more control over their investment.
Joke registration – The list of negatives about LittInvest can include a lot of things, but their most unique feature is the fact they are registered in St Andrews, the birthplace of golf. This may not seem like a joke initially, but given the fact they are not overseen by the Financial Conduct Authority (FCA), we find this quite dubious. Registering your (unregulated) company a couple of miles next to the most famous golf course in the world seems so strange, we believe it to be a joke.
LittInvest is an unregulated broker. We do not recommend trading with such companies, as they don’t provide any security for your funds. In other words, you are only relying on their honesty, to provide their service. To put it even more bluntly, you may not see the money you deposit with them ever again.
LittInvest claims to be registered in St Andrews, pretty close to the golf course. While we took that as a joke, let’s consider it seriously for a moment. In case they were based in Scotland, they would have to be under the regulatory zeal of the Financial Conduct Authority (FCA) of the United Kingdom, just like IG.
FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.
Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.
XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.
FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.
FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.
FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.
FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.
HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.
Traders` reviews for LittInvest
They are rubbish
I have lost 34,000 pounds on these scammers I had no ideas they was so conviceing. Can anyone please help me get my money back I’m a pensioner.
Scammed by Littinvest and jeremywyatt consultant. Com
Was scammed and jeremywyatt offered to help with my recovery of lost funds. They are bunch of scumbags and worse than Littinvest. The moment they get your money they will disappear. Please stay away from this company
I have stop my trade due to -43k. No1 cares. I file a refund for the rest of my money
I don’t like people no honest
A scamming company
I have been scammed by this company through a Ghanaian man who calls himself Justin Hill. He is a calm scheming man who will tell you stories about how he helps people from Australia ,Sweden and in the uk.He promises to trade with your money making you a good profit for you in a very short time. But all these are just stories and lies/He has scammed me of $56,000 and refuses to talk to me but rather issues threats. He has been reported to the Action fraud police and we await their response Do not fall his or the company’s scams. Very dangerous man.His company refuses to discuss the issue because their phone numbers do not work. He gave his personal which happens to bogus number.
Problems with Littinvest
i have been trading with Littinvest for 3 months my account stands at $17,642,15 i decided to close my account i have asked them to return the money back into my account,they told me i couldnt withdraw my funds as i have 2 open trades.i closed the trades i have emailed them but they are not answering me,this company are scammers is there anyway i can get my money back.LET THIS BE A WARNING TO ALL INVESTORS DONT DEAL WITH LITTINVEST FIND A REGISTERED COMPANY GO TO FCA WEBSITE.
Can someone please send me details on where and how to get the money back from a loss with littinvest. I am going to try to retreive my funds. [email protected]
LittInvest is a scam !
Do not trust or deposit money to this company, somehow they will use up your money. They will first help you to make some profit and let you withdraw a small amount of profit then they will convince you to deposit more funds.
The spread of the trades can suddenly become huge which you will loose your money and in negative. Then they will ask you to add fund again.
DO NOT TRUST THEM .
Deposit not tefunded
I foolishly invested ВЈ250 with this company and have failed to get a refund yet they still contact me wanting me to trade. Despite being told I am seriously ill they still harass
Littinvest is 100% a scam
I lost all my money with Littinvest. It is one of 2 scam trading companies that I have dealt with.
Ask them for their exact address, in the offices where they are sitting.
Only go with a regulated, authorised trading company.
LittInvest – morally unethical scammers
Nothings of limits
Account manager Sarah Johnson is not to be trusted. IвЂ™m a paraplegic on a government disability pension payment which isnвЂ™t very much money to survive on. When I initially showed interest in littinvest the person I spoke to said that the minimum I could trade with was $250US and you could make money with there system with as little as that amount. Sarah Johnson was assigned as my account manager and right from the start she asked me if I could deposit $5k which I told her thereвЂ™s no chance of that. We started trading and she kept pushing me to deposit $5US. She kept telling me that it was very risky trading with a small amount of money but I was willing to try. On the second day of trading she told me to put a heap more trades on which I did and then all of a sudden all my trades were closed and all my money gone including the 100%, $250US bonus I was giving for opening a account with them. She then informed me that she was teaching me a lesson and that the company would give my money back including the bonus if I deposited $5kUS into my account. Be careful people.
Recomendation for victims
Littinvest – 100% scam company. No guarantees, no offices!
I gave littinvest 250 dollars to invest but decided not to go ahead with out and asked for my money back but after many email I have not had any money . I would tell other people not invest with them as it is a scam they just want your money ITS A BIG SCAM DON’T GO ANYWHERE NEAR THEM
Littinvest – 100% a scam
They are 100% a scam.
Scammers do not use
I was continually harassed by these people, I deposited 250usd as the minimum you could deposit, I was then asked to get a bank loan for ВЈ5000 to fund my account, fortunately I didn’t!!I did my first trade and made a profit. I sold some shares, so I asked to withdraw my 250 usd as I had some money in my account. My request was ignored, I emailed called eventually a senior manager called me continually once at 7.30 in the morning and then another 10 calls by 9 !! I shouldn’t withdraw my money the market is good, I need to wait they made every excuse to not give me my money !! Today I went on my account to my shock someone had been on my account and sold my shares and brought other shares, which were funnily enough making a loss!! I was very confused by my account my balance said I had 2600 in , my account had 909 but my available balance was 409 ?? I messaged them to tell them to refund my money , doubt that will happen !! someone had actually been on my account and wiped my profit out !! a total scam
scammer harassing over the phone since 2 week
this stupid foreigner is harassing me over the phone since two weeks iam blocking all his phone number.
LittInvest – Withdrawal of money
I have tried to withdraw my money now for 3 weeks but keep getting phone calls to deposit more money.
I invested $1,258 and and after two trades made $60.
They are scammers
DonВґt feed them with your money. They tried to scam me so I have to report them to FCA. I did also a chargeback and now my money is back in my pocket. IВґm not going to do any more Forexbusiness.
First time trader with thieves – littinvest
I have made several deposit the require minimum at first which was R10 000. We traded a bit and showed me how it worked, I won some and lost a little here but i was always told that we never trade with more than 10% of what we had invested.And they later on convinced me that to make more profit I should have more, so that we can play with big money to make it grow more faster. So far i have tried making a withdraw and they cail that i have not submitted all the required documents needed. A broker will call me to assist but they haven’t and they are not responding to my e-mail
Mark White/Ruskin is same person. He is a fast talking, deceitful member of a gang of thieves. I did not chose Littinvest, was directed to them, so opened an account. One month later my deposit and small win had disappeared and my account was minus. Someone had traded large amounts without telling me or advising me. That wiped out my account. Nobody answeres my emails or messages. My request for my deposit refund is ignored. I advise anyone to completely bar, block, delete, ban any communication with any person within this company, or who may refer them.
Scam – There is no way I can contact them
I have deposited $22000 as Mark Huskin insisted me.When I realised it’s a scam I closed all the trading.There is no way I can contact them.Can somebody help me with it.
Scam – I lost all my money $1360
I invested $250 on 1 dec 2020 but the managers like Mark Raskin, Adam, Dan Leon, Tony Novak and Adam Diab kept phoning me to invest more money.Mark Raskin kept phoning me to deposit $5000 so that he can make more money with my despoit.Tony Novak kept phoning me to take a loan of R300000 to deposit in Littinvest.Dan Leon phoned me for the first timne and he wanted me to deposit $1500 but I refused.
How can I get the money BACK FROM THE LITTINVEST
How can I get the money BACK FROM THE LITTINVEST
Persistent phone calls
Utter shambolic company. Has persistently called for the last couple of days and i have told them each time that I’m not interested as they are not on the FCA register which they didn’t understand (alarm bells ringing!).
littinvest are scammer
these people are scammers. they have just swindle me of $250 they try to persuade me to invest more in which i refuse.please people beware of littinvest site they are scammer.watch out for names as eric finanacial manager, andy financial manager,Mark white trade analyst,a lady sharon lobi financial manager.God wrath will be on them very soon.
From my research, I came to realize that it’s the same set of people operating littivest are the same people operating bitcoin code which is already confirm as a scam site, is ther any way we can report this people so that people won’t be deceived this heartless souls
Unable to withdraw my own money
I deposited $500 which I shouldn’t have. I am not at all educated in this area. I thought I would try. Big mistake. The financial adviser Mark Raskin was nice to begin with and when I was hesitant to invest more money after he kept trying very hard to convince me by the way. After saying no and asking for my money back I have yet to hear back from them. Yes I feel foolish as I should have done more research beforehand. $500 is a lot of money to me and I will most likely never see again. I continue to email them but to no avail. I just hope that others will listen to me and my experience. I really wish I could get my money back. Shame on them.
Relatively unknown Broker
I received a telephone call from a lady saying that she was calling from The Trading Commission. I thought this a bit odd. She said that she could put me in touch with a vey good Broker. I told her that I was not interested. Shortly after ending the call, I received a call from Patrick who said he was from Litt Invest and wanted me to sign up with them. After a long conversation, I told him that I was definitely not interested. He told me that he was on his way on a business trip and would telephone me again when he got back. A few days later he phoned again and said that he had just walked into the office. He wanted to know if I was ready to sign up with them. I explained again, that I was not interested, as I had investigated Litt Invest on the net and could only find their website, but no other info. I also said that they have only been operating for 7 months and that they were not regulated. He then insisted that they were licenced with the government and that maybe I did not understand the licencing. I explained that I fully understand the difference between a company registered entity and the regulating authorities. He eventually rang off. Yesterday I received another call from an employee of the company, who got quite upset because I refused to sign up and that I was insulting them because I did not appear to trust them. I again re-iterated that I was not signing up with an unregulated Broker. He said that he understands that I may have had a bad experience, but their service would be different. He eventually gave a a signal on Bitcoin which he said would soon be trading at $10,000. and I would see that they were genuine. Before ringing off, he said he would call me again. I told him not to bother, that he was wasting his time.
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