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Caution Investors Omers Finance – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)
If you are looking for a way to invest your money online, you may have come across Omers Finance, a website that claims to offer high returns on various financial products. But is Omers Finance a scam or a legit investment platform? In this blog post, we will review Omers Finance and its products, regulations, customer reviews, location, and customer service. We will also give you our conclusion and some tips on how to avoid falling victim to fraudulent or manipulative practices.
Regulation and Compliance:
One of the most important things to check before investing in any online platform is whether it is regulated and compliant with the laws of the jurisdiction where it operates. Omers Finance claims to be based in Austria, but according to the Financial Market Authority (FMA), the official regulator of the Austrian financial market, Omers Finance is not authorised to carry out banking transactions in Austria that require a licence. The FMA issued a warning against Omers Finance on 10 Oct 2023, stating that the provider is not permitted to trade on a commercial basis on its own account or on behalf of others. You can find the link to the FMA warning here: https://www.fma.gv.at/en/omers-finance/
This means that Omers Finance is operating illegally and without any oversight or protection for its customers. If you invest with Omers Finance, you are risking losing your money and exposing yourself to potential fraud or manipulation.
Another way to assess the credibility and reputation of an online platform is to look at the customer reviews and feedback. Unfortunately, we could not find any genuine customer reviews for Omers Finance on any reputable website or forum. The only reviews we found were on its own website, which are likely to be fake or biased. The reviews on its website are all positive and praise Omers Finance for its high returns, fast withdrawals, and excellent customer service. However, these reviews are not verified by any third-party source and do not provide any details or evidence of the transactions or outcomes.
We suspect that Omers Finance is using fake reviews to lure unsuspecting investors into its scheme. Fake reviews are a common tactic used by scammers to create a false sense of trust and legitimacy. You should always be wary of online platforms that only have positive reviews on their own website and no reviews elsewhere.
Products and Services:
Omers Finance claims to offer a variety of financial products, such as forex trading, binary options, stocks, commodities, cryptocurrencies, and more. It also claims to have a team of professional traders and analysts who use advanced strategies and tools to generate high profits for its customers. However, Omers Finance does not provide any information or proof of how it operates, what strategies it uses, what risks it faces, or what results it achieves. It also does not disclose any fees or charges that it may apply to its customers.
We doubt that Omers Finance has any real products or services to offer. It seems that Omers Finance is simply a Ponzi scheme that uses the money from new investors to pay off old investors until it collapses. Ponzi schemes are illegal and unsustainable business models that rely on a constant inflow of new funds to keep running. Eventually, they run out of money and disappear with the investors’ money.
Omers Finance claims to be located at Schottenring 16/2 Vienna 1010 Austria. However, we could not verify this address or find any evidence that Omers Finance has a physical presence there. The address may be fake or belong to another entity. Moreover, Omers Finance does not provide any phone number or other contact details that could help us confirm its location or identity.
We believe that Omers Finance is hiding its true location and identity to avoid detection and prosecution by the authorities. It may also be using a proxy server or a VPN service to mask its IP address and appear as if it is based in Austria. You should always be careful of online platforms that do not provide clear and verifiable contact information.
Omers Finance claims to have a 24/7 customer service team that can be reached via email or live chat. However, we could not test the quality or responsiveness of its customer service as we did not want to risk giving our personal or financial information to Omers Finance. We also did not find any testimonials or complaints from other customers about their experience with Omers Finance’s customer service.
We suspect that Omers Finance’s customer service is either non-existent or very poor. It may only respond to customers who want to deposit money but ignore those who want to withdraw money or report problems. It may also use aggressive or deceptive tactics to persuade customers to invest more money or prevent them from leaving the platform.
Based on our review, we conclude that Omers Finance is a scam and a dangerous platform to invest in. It has no regulation, no genuine customer reviews, no real products or services, no verifiable location, and no reliable customer service. It is operating illegally and without any transparency or accountability. It is likely to be a Ponzi scheme that will collapse sooner or later and take your money with it.