Menchor.io Review. Is Menchor Scam or Legit?


Menchor.io Scam Alert!

 

Are you here to find out what is Menchor.io, either is Menchor.io a scam or a legit, either is Menchor safe to invest or not and so on? If so then here, within our Menchor review, you are going to find out the complete truth about this company.

 

Menchor.io is an illegal and unsustainable scheme because it is a Ponzi scheme. So, Menchor.io is a scam and isn't safe to invest money. If you don't know what is Ponzi scheme, then you can find the details by clicking this link:- newsonlineincome.com/ponzi-scheme/

  

Now it is clear either is Menchor a scam or a legit, what is Menchor in real. However, if you want to find out more about this company, then also you don't have to search any other Menchor.io reviews because here, within our Menchor review, you are going to find out the complete details. So, you search for Menchor reviews ends here. However, after knowing the fact that Menchor is a scam, if you don't want to find out more details on it, but instead want to find out the genuine and trusted online money making opportunities, then you can find that by clicking this link:- newsonlineincome.com/legitimate-work-home-businesses/

 

Among those genuine online money making opportunities, our No.1 recommendation is Wealthy Affiliate about which you can find the details by clicking this link:- newsonlineincome.com/wealthy-affiliate-review/

 

OK, let's continue with our Menchor review to find out in detail what is Menchor Limited and why is Menchor Limited a scam, a Ponzi scheme.


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Menchor complaints. Menchor fake or real? Menchor legit or fraud?

Menchor login and join in link:- Menchor.io (Not Recommended to join, it's a scam)


Why is a Menchor fraud company?

Menchor is a fraud company due to the following reasons:-

  1. The owner details and company address of the Menchor have been hidden within a WHOIS. If they have provided the real information about their owner within their website, they no need to hide those details within WHOIS. So, this proves they are hiding their real identity. None of the genuine online businesses hide their owner details in WHOIS but all scam companies do.
  2. Instead of providing the real owner details, it has provided the registered document from the UK Companies House. But, that is not a big deal because anyone can provide the fake details to register a company in UK Companies House. In order to find out how the companies are registered in the UK Companies House, we suggest you take a look at our this post:- newsonlineincome.com/scam-companies-registered-from-uk-companies-house/
  3. There is not any verifiable source of income coming into the Menchor other than the money invested by the affiliates. Menchor claims to pay its members up to 0.2% profit hourly but fails to provide the proof of its income source. It has only mentioned it can make a profit from automated crypto trading but hasn't provided any proof to support that claim. There is not any verifiable proof which proves where and how and in which volume that trading is taking place.
  4. If any company can generate profit to pay up to 0.2% profit hourly on the deposit amount of members, then why that company needs to collect the investment from the several people and pay them 0.2% hourly if they need to raise a fund to invest in their project instead of taking a loan from a bank at much more lower rate, around 1% monthly? Don't you think that anyone who can make more than 0.2% profit hourly will like to take a loan from a bank by paying less than 1% monthly, if not a business loan, then a personal loan instead of taking investment from several people and paying them 0.2% profit hourly? So, this kind of business model proves itself to be a Ponzi scheme.
  5. The Ponzi schemes like Menchor only pay few members at starting by routing the money between the members in order to show the payment proofs so that they can lure more people into their scheme and collect the huge amount of money and run away with that. So, don't fall for these kinds of companies because they will stop paying anytime soon later without any notification.
  6. There were 1000s of these kinds of companies which have already scammed the millions of money from various people. Some of them even get caught by the legal authorities.
  7. Involving with these kinds of companies is a crime and legal authorities have already warned people not to join these kinds of companies.

Aforementioned, Menchor Limited is an illegal scheme. So, Menchor Limited is a scam. So, we have listed it within our Bad and Scams category.


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