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biotradeinc.com Review – Is it a Scam?

Posted on April 10, 2014 by RichInWriters

biotradeinc.com Review – Is it a Scam?

If you’re the type of person that has no problem putting money into high yield investing website  then I would say to you it doesn’t make much sense for you to do any research or reviews on biotradeinc. However if you just heard of or seen biotradeinc and don’t know what to make of it my advice to you is not to sign up unless you can afford to lose your initial deposit.

How does the biotradeinc.com work?

biotradeinc uses new investors money to pay for the old investors. This is called a pyramid or ponzi scheme. That’s where they get their total returns of 250%. How these scams usually work is they basically wait for a sucker or a few suckers to “invest”  I would prefer to use the word “donate” a lot of money with them and that’s usually when they’ll shut down their scam. If any legal invest scam could offer 250% without paying taxes everybody would join.

No phone support available at biotradeinc

According to biotradeinc they’re “currently” as of April 2014 located in Malaysia that said they don’t have a legally registered business name and they’re not regulated by any financial body. To make matters worse they have no phone support only phone support. Personally I wouldn’t sign up with them any review or positive reviews of this scam is probably not legit and reviews from an and all high yield investment forums shouldn’t be trusted as most of them are affiliated with these scams. If you want to sign up with Malaysia don’t let me stop you but I highly recommend that you don’t you’ll lose your money!

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