The first bank that specializes in the blockchain - this is how the Royal Cash investment company positions itself. Let's analyze the official information of the company together and find out what this office actually offers us - the royal cash, the big jackpot, or the fist?
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Royal Cash. General information
Broker's main website:
The site of the Royal Cash office has a colorful, but primitive design, poor structure and low cost. The service of independent assessment of Internet resources estimated the project in the same amount as the heroes of our previous review.
The main page structure includes the following blocks:
- menu, which also presents a standard “set” of sections – FAQ, client-user agreement, contact details, registration/login and language selection buttons;
- review of investment plans;
- about company;
- instructions for working with the system;
- presentation of the referral program;
- site statistics, deposits and withdrawals in real time.
In the footer there is a link to the terms and conditions of work, which leads to a page that duplicates the section with client-user agreements.
Here is such a simple site that beckons us into the magical world of royal investments. The most outstanding pearls that we found on the pages of this project will be considered in the next chapter.
Expertise of legal information, Royal Cash licenses
Let's start with the age of the company. Royal Cash in the statistics section on the main page claims to have started at the end of October 2021.
This is true, which is confirmed by the result of checking the age of the domain by Whois.
And, apparently, this is the only true information that can be found on the pages of our hero. Because then comes the fantasy.
So, for example, in the FAQ section, we found information that the office appeared, after all, in 2020 and was registered in the UK.
Both are false, which confirms the result of checking the brand in the database of the registration authority of the United Kingdom. They simply don't know them.
Naturally, these swindlers do not have any licenses for activities in the field of financial services from international regulators, including the Russian one.
Causes tenderness and client-user agreement. Moreover, it is generally difficult to call it a document, due to the lack of essential information and necessary sections in it. So also the points here not only contradict one another, but also give the performer the right to do whatever he pleases.
Also, the company did not bother to come up with any contact information for itself, except for the feedback form and the telegram channel.
Therefore, in the event of a real problem, you can wait a very long time for an answer. Neither you nor law enforcement will be able to find these guys on your own.
Well, our favorite is payout statistics. The office indicates that in less than a month, 155 users have registered on the platform. Perhaps this is the case, as well as the fact that all these people receive pennies. If you connect elementary arithmetic, it turns out that the average withdrawal amount was 85 cents per nose.
Of course, this completely crosses out the beautiful numbers that these scammers cite in describing their investment packages.
Features of the work of the company Royal Cash. Tools and conditions for traders
The scheme of work with the Royal Cash company is clear as a stump.
- You create an account, which takes you less than 3 minutes.
- Choose an investment program and make your first deposit;
- Every day, dividends will come to your account in the form of percentage deductions from the invested amount.
- You can withdraw earned funds at any time.
There are two products for investors to choose from. For a deposit of 1-30 c.u. you will receive a profit of 4% (1460% per annum) per day. And for deposits from 31 to 5000 c.u. you are waiting for 7% per day, or 2555% per annum. The duration of the trading cycle in both products is 7 days.
But, of course, all these figures are complete nonsense. Such fabulous commissions do not even earn pawnshops and microloans. Nobody will work at a loss. Otherwise, the project would have closed within the first week.
Hoping for a large stream of positive feedback, Royal Cash has also developed a referral program, with payouts from 2% to 12% from deposits of referred users.
This has already borne fruit. On the Internet you can find several laudatory reviews from referrals. Here are just no confirmations that the project pays its partners and clients.
Real customer reviews of Royal Cash
Due to the low popularity and short "work experience" of this hype project, we were unable to find a large number of real reviews about Royal Cash. But what we saw once again confirms our words and arguments.
If you have become victims of Royal Cash scams, leave comments under this article. Perhaps it is your review that will save someone from losing money.
Scheme of cheating Royal Cash users
The primitive "bubble collector" Royal Cash did not bother to come up with any scam of the century, limiting itself to a time-tested scheme and the bitter experience of deceived users.
- Finding and luring a victim to a project using psychological manipulation, false information, fake reviews.
- Depositing real money to the account by the user. At this stage, by the way, many such scammers practice the theft of bank data, ostensibly for verification.
- Providing the user with a meager amount for withdrawal in order to convince him of his trustworthiness.
- An offer to make a large investment.
- Blocking an account for "violating the rules of the system" or closing the project.
The divorce scheme may differ from the one given by us. But the result is always predictable on 100% - there can be no question of any earnings here. You simply feed the ever-hungry wolf, which knows no mercy and is constantly looking for new prey.
On the website of the Royal Cash company, we found the following signs of fraud:
- false registration information, lack of licenses, including the Central Bank of the Russian Federation;
- short period of presence in the market;
- the presence of negative reviews;
- using information about the operation of the platform that misleads users;
- legally void, fraudulent client-user agreement;
- primitive, cheap, uninformative site;
- incomplete contact details.
Given the data we received, we would not invest even $ 1 in this project. At least in order to protect your contact details from the subsequent distribution of SPAM. Perhaps the project is still paying some pennies to its gullible customers. That's just, as experience shows, such offices collapse without having time to fulfill their obligations, at least to one of the users.
Royal Cash is a non-existent bank that is not investing in the blockchain, but pumping money.
If you have become a victim of Royal Cash or other black brokers and want to get your hard-earned money back, leave your mail in the form at the beginning of the article. We will send you a step-by-step, illustrated plan of action to take.