Investors Ivenctures

Caution Investors Ivenctures – Regarding market intermediaries (investment and trading advisers, collective investment schemes, brokers, dealers, and transfer agents)

Overview:

If you are looking for a reliable and trustworthy market intermediary to help you with your investment and trading needs, you may want to steer clear of Ivenctures. This company has been flagged by the Dutch Authority for the Financial Markets (AFM) as a suspected boiler room, meaning that they use deceptive and aggressive tactics to lure unsuspecting investors into buying worthless or non-existent shares. In this blog post, we will review the warning issued by the AFM, the products and services offered by Ivenctures, the customer reviews and feedback, and the location and customer service of the company. We will also provide some tips on how to avoid falling victim to boiler room scams and how to report them if you encounter one.

Regulation and Compliance:

According to the AFM, Ivenctures does not have an AFM license or a European Passport, which are required for any market intermediary operating in the Netherlands or in the European Union. This means that they are not authorized to offer investment or trading advice, collective investment schemes, brokerage, dealing, or transfer agent services to consumers. The AFM also warns that Ivenctures has approached persons without being asked, to offer them investment proposals (cold calling), which is a common sign of a boiler room scam. A boiler room is a term used to describe fraudulent individuals and organizations that use high-pressure sales techniques to persuade potential investors to buy shares that promise high returns but are actually worthless or non-existent. The AFM advises consumers not to respond to any offers from Ivenctures and not to transfer any money or personal information to them. You can read the full warning from the AFM here: https://www.afm.nl/nl-nl/consumenten/waarschuwingen/bekijk-de-waarschuwingen/boilerroom/ivenctures

Customer Reviews:

As expected, there are not many positive reviews or testimonials from customers who have dealt with Ivenctures. Most of the reviews we found online are negative, warning others about the scam and sharing their experiences of losing money or being harassed by the company. Here are some examples of customer reviews we found on various websites:

– “Ivenctures is a scam. They called me several times and tried to convince me to invest in some stocks that they claimed would skyrocket soon. They were very pushy and rude, and they even threatened me when I refused to give them my bank details. I reported them to the AFM and blocked their number. Stay away from them.”

– “Do not trust Ivenctures. They are a boiler room that will rip you off. They sold me some shares that turned out to be worthless. They lied about their credentials and their performance. They never answered my calls or emails when I tried to get my money back. They are crooks and should be shut down.”

– “Ivenctures is a joke. They claim to be experts in the market, but they don’t know anything. They gave me bad advice and made me lose a lot of money. They are not regulated by anyone and they don’t care about their customers. They only care about their commissions. Avoid them at all costs.”

Products and Services:

Ivenctures claims to offer a range of products and services for investors and traders, such as:

– Investment and trading advice

– Collective investment schemes

– Brokerage

– Dealing

– Transfer agent

However, as we have seen, these products and services are either fake or illegal, as Ivenctures does not have the necessary license or authorization to provide them. Moreover, the company does not disclose any information about its fees, commissions, risks, or returns, which is another red flag for any legitimate market intermediary. The company also does not have a website or any social media presence, which makes it hard to verify its identity or reputation.

Location:

Ivenctures claims to be based in Amsterdam, the Netherlands, but we could not find any physical address or contact details for them. The only way to reach them is through their phone number, which is likely a VoIP number that can be easily changed or redirected. The company also does not have any registration number or legal entity name that can be checked with the Dutch Chamber of Commerce or other authorities.

Customer Service:

The customer service of Ivenctures is practically non-existent. The only communication channel they use is cold calling, which is often unsolicited, intrusive, and annoying. The callers are usually rude, aggressive, and persistent, trying to pressure potential investors into buying their shares or giving them their personal or financial information. They often use fake names, accents, or credentials to appear more credible or professional. They also ignore any requests to stop calling or remove from their list. If a customer tries to contact them back or ask for a refund, they either hang up, ignore, or threaten them.

Conclusion:

Based on our review, we conclude that Ivenctures is a scam and a boiler room that should be avoided by anyone looking for a market intermediary. The company does not have any license, authorization, or regulation to offer any investment or trading products or services. The company also uses deceptive and unethical tactics to lure unsuspecting investors into buying worthless or non-existent shares. The company has received a warning from the AFM and has many negative reviews and complaints from customers who have lost money or been harassed by them. We recommend that you do not respond to any offers from Ivenctures and do not transfer any money or personal information to them. If you have already done so, you should report them to the AFM and your bank as soon as possible. You should also be careful of any other similar calls or offers from other companies that may be related to Ivenctures or use the same scheme.