Read our Samzu Invest review to see if this broker is a scam or legit. Just to clear doubts, this is a samzuinvest.com review.
Thanks to the large number of investment products online, it’s become much easier for users to access different investment opportunities from the comfort of their home. These include high yield investment products, which give users a chance to earn impressive gains.
But not all HYIPs are created equal, as some of them can even end up being scams. One of the common HYIPs that people have been talking about include Samzu Invest, which promises high ROIs of 8.5 percent per hour. In this Samzu Invest review, we’ll discuss some of the top reasons why it’s a scam.
Don’t Pay Users
While the ROI alone is a red flag because it’s too good to be true, another major complaint from users is that they don’t pay them. This has been a huge concern for quite some time because customers have reported that the service is quite hit-or-miss when it comes to withdrawals.
At the very least, it tends to delay withdrawals by a couple of weeks, which can irritate and annoy users. This can be a dangerous situation for users, who deposit large sums of money at a time. Being unable to withdraw their funds could leave them in a devastating financial situation.
And when a high yield investment program withholds users’ payments, it’s never a good sign. Besides causing immense stress to users, it also prevents investors from being able to invest their money elsewhere, leaving them stuck. It could also leave you scrambling and going back and forth between regulatory authorities to get back your money. So it’s best to avoid that risk altogether.
Unresponsive Admin
This brings us to the next reason: Samzu Invest has terrible management, which is a major sign that it’s a fraudulent investment product that has no intention of allowing users to generate a return on their investment.
Many users have claimed that when they couldn’t access their accounts to withdraw their funds, they tried contacting the admin and management. However, when they tried to reach out through customer support representatives or email, they got no response.
Many users have complained that they tried every method possible to have contact the service and give feedback to improve the experience, but to no avail. This shows that Samzu Invest has little regard for user experience, and customer satisfaction is very low on its list of priorities.
In fact, the whole thing is set up as a way for the scammers behind it to make money, so you can’t expect a decent response whenever you ask a question.
Unsecure Website
When you’re investing in a HYIP, you want to be sure that the platform is safe and that it keeps your private information secure. When signing up for an investment service, many users have to insert confidential information like their name, contact information, and banking details. These are exactly the kind of details that cyber criminals are looking for when they want to commit identity theft.
Platforms that comply with cybersecurity requirements tend to ensure that any information inserted by a user is encrypted until it reaches the server it’s intended for. For this purpose, they develop the website with SSL encryption protocol. However, Samzu Invest offers no such security mechanism on its platform. This makes users’ data susceptible to cybersecurity breaches.
Bottom Line
Overall, Samzu Invest seems like a highly unreliable HYIP that lacks the basics of a proper investment platform that ensures satisfactory results for users. It fails to keep users’ data secure because it doesn’t implement an encryption protocol.
Moreover, it doesn’t even respond to customers’ complaints and queries, which has been observed by many users who tried reaching out to the management to ask about their withdrawals. Similarly, the service either delays or fails to make timely payments to users. Because of this, many users found that large amounts of their money, which are usually their only savings, are stuck with the service.