Petron Pay is a new investment firm that promises as much as 300% returns monthly. They are allegedly involved in the oil sector and have huge contacts with all the established brands. Their website looks basic and raw. Funnily enough, they are unregulated and information about anyone that is associated with this firm is very hard to find.
Contact details and other relevant information published by them are also bleak and the entire setup looks too shady. During our investigation, we did find a lot of flaws and the number of things wrong with them are way too much.
Chances of anyone earning a profit by investing with them is nothing short of miraculous. Given every fact about them, they are likely to crumble to prices in the near future because of the ponzi operational model. If you are interested in learning more about this firm, continue reading.
Licenses and Employees
Oil trading is an age old thing and this sector has made many people rich. While the premise sounds promising, when it comes to online investing we should always look at the regulation aspect. This firm is not registered with any financial regulatory bodies.
Their claims are not backed up with data and there are no third party audits present. Founders and employees are also maintaining a low profile. Just by looking at the way this firm is operating, most people can easily smell their intentions.
Sadly, anyone that fails to detect their true motives will end up burning a hole in their pocket. As a general rule, never ever proceed with an unregulated firm and more importantly, talk to your financial planner before making a deposit.
Contact Details
Petron Pay does not get a lot of traffic. As a result, we do not have any reliable way to gauge their customer support. Nonetheless, we wouldn’t advise anyone to take anything they say for granted. Fraudulent firms like this one always hire aggressive sales teams.
Their only goal is to make you spend money and they won’t hesitate to go to any length in order to achieve their desires. If you are looking for their contact details, refer to the section below.
- Address – 16800 Glendale Drive New Berlin, WI 53151 United States
- Phone – +1 530-948-8455
- Email – info@petron-pay.com
How does Petron Pay Make Money?
To understand this aspect, we took a look at their operational model. They claim to be involved in oil trading. All the explanations present on their portal contain vague details about the benefits of oil trading. However, there is nothing informative published by them.
We do not have a clue about their providers, brands they work with or trading strategies. In other words, we as clients are never informed about cash flow at all. On top of all the mysteries, there are no trading audits available as well.
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Everything they say appears to be something straight from a fairy tale and we would never give them the benefit of the doubt. After all, if they were really legitimate, wouldn’t they have courtesy to show proof and verifiable data? Due to obvious facts, we urge you to stay away from firms like this one.
Profits Promised
This platform promises 0.2% daily to 2.5% daily. The kind of numbers they showcase may appear little to some people, but everyone in the finance sector will say otherwise. Making money from the markets is a tedious task and even with the perfect strategy and position sizing, losses are inevitable.
Targets of 2.5% per day are insane and regardless of which approach you use, no one can sustain it. The way they have bluffed about the returns says everything about their morals. Anyone that falls for this scheme will most likely lose all of their money.
Petron Pay User Reviews
We spent hours trying to find any information about this platform. Surprisingly, we could not locate even a single user review. The reason behind scarce information is not clear, but it is mysterious. Though there aren’t any user inputs available now, things will change.
Eventually, truth will come out and all we have to do is wait until the entire thing unfolds. Note that social proof is not always a good indicator, but it provides enough information to gauge a service properly.
Is Petron Pay a Huge Scam?
Petron Pay is a scam. They will extract money from the users, but won’t provide anything in return. The facts reveal everything about them precisely and no rational investor would ever dare to indulge with them. If you are reading this review a little too late, then get in touch with us to get started with the recovery process.
Regardless of the payment method you used, we will help you identify the culprit and retrieve the funds within a few months. Fill out the form below and we will get back to you shortly.
Verdict
There are too many ponzi schemes on the internet nowadays. So, be vigilant and never invest into things that you don’t fully understand. Lastly, take help from professionals and never invest more than what you can afford to lose.
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