Cirfund.org Review: Is a Cirfund Scam or Legit?
Are you searching for the Cirfund reviews to find out either is a Cirfund.org scam or genuine, either is it safe to invest money in Cirfund or not? If so, then you have landed in the right place because here, within our Cirfund review, you are going to find out the complete truth so that you will have a clear idea about what is Cirfund.org in real. So, let’s begin with our Cirfund review.
Actually, we don’t recommend you to invest in Cirfund due to reasons as we have explained below.
We don’t recommend Cirfund due to the following reasons:-
- Cirfund.org hasn’t provided any information about who and from where is operating and running Cirfund. It has also concealed its owner’s name and address in WHOIS details. When we are dealing with an online investment company, the first thing we should check the background of that company. Legit investment companies always provide their company’s address and owner details, only scam investment companies don’t.
- Many categories in Cirfund.org website is not working. For example, when we click About Us, Event, Crowd Plan categories on the top menu of Cirfund.org website, those don’t send us to any page. None of the legit websites will make their website in such an unprofessional way. Actually, there is not even any “Contact Us” or “About Us” pages available in Cirfund.org website. So do you really want to invest in such online company which even don’t have any contact details? We definitely don’t.
- The business model of Cirfund looks like a Ponzi scheme because it has claimed it has been investing in various innovative projects and making money from there to pay back the profit on the investment amount of its members. But, it fails to provide proof of any of those so-called projects. It hasn’t provided any details about where and how those projects are operating.
- None of the legit company will collect the investment from several people and pay them such a heavy amount of interest when there is an option to take a loan from a bank in a much more lower rate. Why any company will pay more interest rate than what they have to pay in the bank to raise a fund to invest in their project. Cirfund doesn’t pass this logic test similar as other Ponzi schemes.
- Cirfund has mentioned that its members are not investing but donating there. Well, people don’t donate to make money, instead, they just donate money for some causes without expecting any return from that donation amount. If you are donating in the hope of return, then that is not a donation but an investment. So, Cirfund is an investment company pretending to be something else. Previously, many companies similar to Cirfund had been already turned into scams. These kinds of companies are generally known as Cash Gifting Scheme which is similar to a Ponzi scheme, means an illegal and unsustainable scheme. Legal authorities have already issued warnings to stay away from these kinds of companies.
Due to the reasons mentioned above, it is clear that Cirfund is not a good place to invest. That’s why we have listed Cirfund in our Not Recommended category.
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