Universal funds review 2021 would focus on the exact points and signs that make this website looks more like a Ponzi scheme.
Our job is to bring you the information, your job is to make the hard decisions whether you would trust your funds with these strangers or not.
That said, is universal funds a Ponzi scheme?
Yes, universal funds is without doubt a Ponzi scheme.
Lets find out why.
Universal Funds Investment Plans
The least of profits that universal funds promises you is 5.4% daily, up to 250% after 2 days.
I don’t know about you, but if someone can earn 5.4% even for themselves, why would they need your money?
Universal Funds Registration and License
According to company house, the company is registered as UNIVERSAL INTERNATIONAL INVESTMENT COMPANY LIMITED.
It is important to note that Universal Funds is registered as an open-ended investment company.
According to the Financial Conduct Authority, chapter 9,
Establishing or operating a Collective Investment Scheme, or an open-ended investment company is a regulated activity requiring authorization from the Financial Conduct Authority (“FCA”).
Subject to certain exemptions, a CIS cannot be promoted to the general public by an authorized person unless it is authorized or recognized under FSMA.
At this point we know that not only does universal funds need to be registered, they also need to be regulated by the Financial Conducts Authority.
Lets find out if indeed, they are regulated.
As suspected, indeed Universal funds is not regulated by the Financial Conduct Authority, if you doubt us and want to do your own search, click here to visit the FCA website.
Conclusion of Universal Funds Review
Chances are, you would still go ahead and invest with Universal funds, however, you should know that like every Ponzi, the day of collapse would soon come.
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