If you are searching for the HashFinance reviews in order to find out what is Hash Finance in real, either is HashFinance.biz a scam or a legit, then your search ends here because here, within our HashFinance review, you are going to find out the complete truth about HashFinance. In short, we want to make you clear that we don't recommend HashFinance.biz because it is not a good company. If you want to know why, then you can find the details within our HashFinance.biz review as below.
What is Hash Finance and why don't we recommend it?
HashFinance is a Ponzi scheme, which means it is an illegal and unsustainable company. It claims to pay 13% daily for 12 days to the members on their investment amount by using their investment in cryptocurrency trading. But, that is completely a bogus claim because none of the expert in cryptocurrency trading can guarantee 13% daily for 12 days which proves itself that is a bogus claim.
Let's think generally. Why this company is collecting the investment from several people and paying them 13% daily for 12 days, means 156% profit in 12 days instead of taking a loan from a bank? If it takes a loan from a bank, it won't have to pay more than 112% per year. So, why it wants to pay 156% profit in 12 days than paying 112% within a year? Doesn't it want to make more profit for itself?
On top of that, even if we agree they can't take a business loan from a bank, then at least they can use their credit card money or can take a personal loan from a bank because if they really can guarantee to make 156% profit in 12 days, then why they need to be afraid to take a loan from a bank because they can pay that loan amount within a month.
Like other Ponzi schemes, if you check the official website of HashFinance or its WHOIS details, you can't find any information about the owner of the company except the registration document from the UK Companies House which is not a big deal and is just a way to make innocent people confuse to fall into its scheme.
Anyone can register company in UK Companies House just by paying 20 GBP and renting the address from the virtual address services. More than that, lots of Ponzi schemes with such UK Companies House's registration have been already turned into scam which proves that having such registration can't stop anyone to scam people.
There is not any verifiable source of income coming into the company than the money invested by the affiliates which proves that HashFinance is a Ponzi scheme. If you don't know what is Ponzi scheme, then you can find the details by clicking this link:- newsonlineincome.com/ponzi-scheme/
Aforementioned, it is clear that HashFinance is following a Ponzi scheme business model and the detail of the owner is also not clear which proves that HashFinance is an illegal and unsustainable company. So, we have listed HashFinance within our Scams sites list.
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