Before you join another devious HYIP scam, be sure to protect yourself and read our full Millenium-if.com Review. We have concluded our investigation into this site and are sad to say that it is incredibly dangerous and untrustworthy.
If you are currently investing with Millenium-if HYIP, please contact us or post in the comments section below and let us know what your experience has been. Your comments and emails can help others from falling into the same problems. If you need help researching a site before you join, please send us a message!
Official Website: https://millenium-lf.com/
Millenium-if.com is a HYIP or high yield investment program that offers up to 4.4% daily returns on your investment with a term of expiration of 50 days. The site is based in Russia and appears to be part of a larger trading HYIP group that has released several scams over the past year. Russia has become an industry leader in pumping out cheap and fake trading sites in order to make a small fortune.
Many of you have probably fallen victim to a cryptocurrency trading scam sometime in the past year, and if so, you are NOT alone! We get hundreds of emails each month from people who have trusted the wrong websites and lost money. It’s very important to learn how to avoid this and to recognize the red flags that will be included in every HYIP scam website.
What is Millenium-lf Scam?
The site claims to be a group of cryptocurrency traders who have years of trading experience working with complicated algorithms and trading strategies. In reality, the site is comprised of a group of anonymous Russian scammers who designed a site to trick you into trusting them. How do we know? Let’s take a look at the facts.
Millenium-if.com scam is a Russian based site with a UK registration. If you are a reader of our blog, you will see this as your first red flag. Firstly, since they are Russian, there is no reason why they would want or need a UK registration. So why did they get one?
Many investors are under the impression that if a business site is legally registered in the UK that it means they are honest and regulated. This couldn’t be further from the truth. In reality, anyone can purchase a UK registration online from one of many Indian scam sites. These registrations carry no real legal weight and are NOT regulated. You can google “where to buy my UK registration” if you want to see this for yourself.
We firmly believe that any site that purchases a UK registration online is only doing so to appear to be legitimate. Over the past year, hundreds of mining and HYIP scams have all used these UK registrations and all of these sites have since been shut down. Don’t fall for this fraud!
Millenium-lf Scam Refuses to Show their Trades!
We contacted Millenium-if.com scam as part of our routine investigation in order to ask them for their trading proof. We always contact every HYIP before we write about it. Millenium.if.com scam refused to give us any trading proof even though they knew we were writing a review on the integrity of their program.
They claim to have friendly 24/7 support but their support was quite rude to our team when they realized we were writing a review on their services. They kept telling us that we could post a referral link and make commissions from our readers. We assured them that we had no interest in earning referral commissions from a dishonest company.
Beware of your social media contacts who are spamming their referral link! They will not be truthful to you about their withdrawals.
Is Millenium-if.com Regulated and Protected?
One very important question you should be asking yourself before you sign up is whether or not the site you are joining is regulated and protected. In order to be regulated a site must turn over their site and financial transactions to a financial authority who can oversee it and protect you from being scammed.
Millenium-if is NOT regulated because they are a scam and would be shut down before they could even begin. Remember, we pointed out above that they have never shown any proof of trading, so what proof would they turn over to the regulatory committee?
We recommend never joining any site unless it is regulated. You can find our top regulated choices below!
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User Reviews: Is Millenium-lf.com Paying?
The site has only been up and running for a little over a month, however, we have received numerous complaints. Many people who have deposited BTC have found that their deposit never showed up in their account. When this happens, there is nothing you can do. Talking to customer support won’t help as they are not regulated and have no motivation to pay you.
We have talked to a few people who have received withdrawals. However, we strongly caution that because this site is not regulated and has no proof of trading, you should avoid joining.
Is Millenium-if.com a Scam?
There is no doubt in our mind that Millenium-if.com is a scam. However, let’s explain exactly what kind of scam it is. Millenium-if is not a trading group. They are not trading at all. When you deposit money into their program that sends your money to older members who have withdrawal requests. They also save a portion of it for their own profit.
This means that Millenium-if.com is a Pyramid scheme. These types of programs tend to last about a month or two before they run out of new money to pay with. Sadly, we predict that this particular site has about 3-4 weeks left of payouts before they close.
If you need help picking a solid regulated program, please contact us! Otherwise, leave a comment in the section below!