Liberty Reserve Offshore - Forex Broker Review
You may have realized by now that there are stacks of HYIP schemes around the net and to make things even more interesting here is another one to add to our list, Liberty Reserve Offshore. HYIP schemes have the characteristics of a poisonous mushroom. They keep on popping all over the place with 3 goals in mind
• To take your money
• Pretend to be ‘investing’ it
• And then simply run away with it
Liberty Reserve Offshore claim to be specialists in offshore investment. They have been in operation since 2001 and are registered with the public registry of Panama. I have to admit, they do have a flashy looking website and the look and feel of makes you believe that they are the real deal.
However there are some disturbing facts about this company. There are strong evidence that suggests this HYIP company is simply a remake of the previous HYIP scheme, Tradelite.com which,if you didn't know, closed shop a while ago and ran away with the money of all their investors.
It is believed that the same people are operating under a different website and alias. Even more disturbing is the fact that the website was created around mid December 2008, around which time TradeLite.com was shutdown. Both websites have the same look and feel and funnily enough, even the testimonials seem to be very similar. Coincidence...I think not!
All these observations have led me to probing this broker even deeper. I believe that this company is a SCAM, waiting for the right moment to run away with the money again. There is no direct address or telephone number to contact them and the only way to reach them is via email. Not very reassuring when you have your money invested with them. Any solid broker should be contactable 24/7 as the Forex market never sleeps.
I would kindly advice you to be cautious with this company; it would be at your own risk if you decide to invest your money with them. Remember that some investors have already suffered a total loss of their account; I don’t want you to be another victim of false promises.
Happy trading.
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