A scam hiding behind an anonymous crypto wallet
They are a scam hiding behind an anonymous cryptocurrency wallet address. They claim to give impossible returns to investors - 23.5% for investments from 1200 USDT to 9999 USDT after an investment period of only six days for Silver Plan investors (those whose capital is in the $1200-$9999 bracket). That works out as a yearly return on investment of over 1400 % (if you took a compounding period of a week instead of six days, the effective interest rate over a year with compounding is actually by my calculations using a tool on the net is over 5,800,000%!!!), just for the simple act of investing in their Wealth Management Fund.
A great consistent return from a real Wealth Management fund is 100 times less than this, around 14% with American funds, so a stellar 1400% return on investment is simply impossible without drawing the favourable attention of business papers and magazines like Forbes and Wall Street Journal - but they have been silent about this company.
If they were so brilliant over a period of years, they could loan money from large investment firms like Goldman Sachs or Morgan Stanley with an interest rate of 7-12% rather than the effective interest rate of 1400% (or even 5.8M% using the compound calculation) from small investors. Why would they seek the modest investments of average punters, and promise such great returns if they were a real Wealth Management fund?
I spent a fair amount of my financial reserves trying to get to the "Silver Plan" with its higher returns than the initial "Gold Plan". It's wonderful seeing your investment theoretically increasing by 23.5% every six days, and seeing those gains compounding.
But when I tried to withdraw any of those funds I ran into problems. I couldn't get the Withdraw function on their website to work, nor could I set the crypto wallet address to an address suitable to me. The person who'd introduced me to Vortex had guided me through the nitty-gritty of depositing money through the complexities of cryptocurrency websites, and had then showed me the mechanics of a small token withdrawal to prove the legitimacy of the website. But she has subsequently become defensive when asking her to help me withdraw a more significant sum, and insisted that I needed to invest more to unlock the withdraw function, money I'm reluctant to give to Vortex.
When I tried to discuss the problems with Customer Support, there are two options offered to the investor: a WhatsApp contact number, and support through the website. The WhatsApp contact listed on Vortex Capital's home page wasn't an active number on that Messaging App, and when I tried to use the Customer Service built into the website, I found it hard to connect with a real human, and when I asked any questions about the procedure of arranging a withdrawal they went from being tardy in responding to me to the point of completely ghosting me.
If anyone has a positive experience with Vortex and lauds its benefits, ask them if they've successfully withdrawn funds from that website back to their own crypto wallet. They're likely to be starry eyed in the initial excitement about the size of the amazing returns, but if they're being honest and aren't a stooge of Vortex, I'll bet they'll have had intractable problems withdrawing any of their money out again, let alone any profit from their investing.
As the old saying goes, "if it's too good to be true, it probably is" - that is amazing offers like this need to be considered with some scepticism, and speaking personally, I should have known better.
