Our Colobit Review has exposed this scam for what it is, a fraudulent business that is not reliable or long term! Do not trust this site or anyone who recommends it to you!
Let’s get started!
Official Website: https://colobit.biz/
Colobit.biz is a HYIP or high yield investment program that offers an ROI (return on investment) ranging between 115%-360% with an expiration date between 15-120 days.. This may seem like a modest proposal, but don’t be too quick to form an opinion until you have seen the facts. This Colobit Review will prove to you why this entire business is a scam and how you can avoid losing your money!
When we first heard about Colobit.biz scam it was from a long time reader of our website. He had invested $320 into the site and had received three successful withdrawals. He was very excited and wanted us to join under his referral link, which would benefit both of us. We never join a HYIP without researching it’s origins and owners so launched an open investigation into the so-called cryptocurrency trading business of Colobit LTD HYIP.
It didn’t take us long to find gaping holes in their chain of command and even large pieces of missing information when it came to proving their profits and payouts. When it comes to investing YOUR money, you need to be as careful as possible. With thousands of online companies trying to gain your trust, you have plenty of options to chose from. Our Colobit review will now explain the top three reasons why this company is a scam!
Colobit.biz Scam Facts
Here are a few of the facts that established Colobit.biz as a scam.
1. The address listed is: Grant Thornton UK LLP 110 Bishopsgate, Kings Cross, London EC2N 4AY, UK
This address is registered to an accountant and is not registered to the Colobit scam.
2. The admin of this site goes by the fake name of Edward Reed.
The website registration does not list this name, nor does the UK business registration. As previously explained, the address is not listed as being in the ownership of Edward Reed.
Is Colobit Paying?
Our readers have complained to us that Colobit is NOT paying. We do not advise joining at this time.
The website includes a section of video reviews given by actors. We were able to verify that all of the people portrayed in the video reviews were actors hired from Fiverr. The man pictured below can be found at this LINK selling his reviews for money. He is not a real member of Colobit.biz scam.
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Is Colobit a Scam?
Colobit is a scam and should be blacklisted by all trusted HYIP monitors. If you chose to join, you will end up losing your money.
Please send us a message if you need any investment advice or help to investigate an HYIP or trading site.
Stay safe online and as always…