This Westlandstorage.com Review is dedicated to all the readers that have emailed us asking us to give a full report on this real estate investment HYIP. We have been monitoring them for over a month now and have come to some pretty damning conclusions. Legally and technically, we found several HUGE flaws in the Westlandstorage.com business model which make us wary of recommending their investment plan to any of our readers!
If you have already started to invest with them, please note that they won’t last longer than a month or two, so please start taking the necessary steps to pull your money out sooner rather than later. We believe that they will fully collapse before the New Year. If you want to protect your friends and family, make sure to share this post on your social media to spread the word about the Westlandstorage scam.
Please post your experiences in the comments below so we can help warn others!
Official Website: https://westlandstorage.com
Westlandstorage.com is a HYIP or high yield investment program that offers an ROI (return on investment) of 1% daily for the lifetime of the program. This is a low ROI, as most HYIPs offer between 5-10% ROI every day. We normally like to point out that any HYIP that offers a low ROI is trying to make their program last a long time.
We do believe that Westlandstorage scam is attempting to pay withdrawal requests for as long as possible, but as you will see below, they are basing their business model on a Ponzi scheme instead of legitimate real estate investments. So make sure to understand before you invest, that you are gambling your money into a Ponzi (Pyramid) scheme rather than truly investing in buying and selling real estate for a profit.
How Does Westlandstorage.com Scam Operate?
Before we explain how they operate, we must explain what they claim to be doing and why we proved that they are LYING to you.
Westlandstorage.com scam pretends to be a lucrative real estate investment corporation with offices and projects located literally all over the world. If you take a brief look at the website, it seems that they have been buying and selling real estate for many years while making huge profits. Now they want to allow you to invest some of your money in exchange for a cut of their profits.
This sounds great, but it’s all a pack of lies.
The Real Westlandstorage Scam Exposed
Below are the top 3 lies we exposed while investigating the legal and practical aspects of Westlandstorage.com scam. It’s up to you to whether you will invest in a dishonest Ponzi scheme or save your money for something that actually works.
1. Westlandstorage.com is a real estate investment business with offices and projects located all over the world.
Westlandstorage scam does not have ANY contracts with ANY real estate at all. Yes, that’s right. They do not own a single piece of property and never have. In fact, they are not even registered as having been involved in real estate at any point in the last 10 years.
The site claims that they have been investing for over 11 years, but they are a brand new “company” that just popped up a few months ago. If they were a legitimate real estate brokerage they would have copious amounts of evidence detailing their gains and losses over the past years as well as information regarding the properties they bought and sold.
The next part of their lie includes the delusional and devious claim that they have offices all over the world. Every single office location that they listed turns up to be false. We called each address and asked them if Westlandstorage scam was registered there. The unanimous answer was NO. Nobody has heard of them.
What does this mean? It means that the Westlandstorage.com scam is giving false addresses and pretending that they work out of these locations. In reality, these locations belong to other people. How would you like to find out that a scam artist online was pretending to live in your house?
2. Westlandstorage.com scam has been supported by several prominent and legitimate news outlets such as LiveBitcoinNews and NewsBTC.
If you take a look at the graphic above, you’d think that Westlandstorage scam is going viral on the news and everyone loves it. This couldn’t be further from the truth. In reality, NO news website has reported on them because nobody cares about them yet. They have not gone viral enough nor have they attracted the attention of the media.
However, if they continue to grow their scam operations, they will fall and be exposed in the same way BitConnect was last year. So if media attention is what they want, they just might get it, but it won’t be positive news!
3. Westlandstorage.com scam provides 100% risk-free guarantees to all their investors.
This is not only blatantly false but also illegal. Firstly, there is no such thing as a guarantee when it comes to investments. All investments online come with a high risk. Secondly, it is illegal for them to offer a 100% risk-free guarantee because they are uninsured and will NOT refund you if you lose your money.
When this company closes down in a few months, NOBODY will get their money back and they will not refund anyone. There is a HUGE risk involved in investing with Westlandstorage.com scam and anyone who believes otherwise if believing a lie.
Is Westlandstorage.com Paying?
We have now arrived at the complicated part of our Westlandstorage.com Review. They are currently paying, however, this doesn’t mean that they will always do so. Westlandstorage has based their business model on the Ponzi scheme, which is the worst business model in the world and even illegal in some places.
What is the Westlandstorage Ponzi scam? Above we established the fact that Westlandstorage.com scam is not investing in real estate. So how are they paying out withdrawals?
Firstly, when you make an investment, you are getting paid 1% each day. So for the first 100 days, you are only getting your own investment back. Make sense? If you are lucky enough to actually get all 100% of your money back, anything you take after that point is considered ‘new money’. So where is this new money coming from?
In a Ponzi scheme, the owner of the site collects and pools together all the money from new investments. He then spreads it out thinly and starts giving small portions back to his top members. He keeps MOST of this money for himself and when the pool of money is large enough he will close the site and take the remaining money as his profit.
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Is Westlandstorage.com a Scam?
As of the publication of this Westlandstorage.com Review, we have determined that Westlandstorage.com is a scam. Do not invest your hard earned money into this money pit. You will most likely lose your money and by the New Year, they will have stopped paying all withdrawals.
Please leave your own experiences in the comments below. If you need help researching any other HYIP or mining site, please let us know!