Fake Companies

1. FOREX ACHIEVEMENTS

When I first heard about it, I was like 'wow!' Forex Achievements and their plans have been approved by our Reserve Bank of India. You can see the RBI certificate here:https://www.forexachievements.com/legal.html. I was very eager to register with this company and make a large investment. However, after going through each page carefully and making some Google searches, I decided against it.

The Reserve Bank of India certificate seems to be a fake one. At the time of this posting, this so-called company doesn’t even have a physical address in India. How could RBI issue a certificate without verifying their address, etc. The company is said to be around 15 years old and is based in Chile but I have not found their Chilean website. Besides, the website of Forex Achievements seems to imply that it is indeed the main website of the company but look at their homepage. There is this moving bar saying that their company and plans are RBI approved. It proves that someone is running the show from India.

UPDATE: RBI certificate has been removed from their website while their Legal Page link is broken.

The company claims that the address of their headquarters is in Chile. The address given is:

Forex Achievements

Credex Finance, Corp

8329100, Pedro de Valdivia 1248, 9th floor

Santiago, Chile.

I did a WHOIS search and found the following details:

Moergestel

null,5066 ZH

NL

Tel. +45.36946676

Creation Date: 17-Apr-2010

Expiration Date: 17-Apr-2011

Chile – India – NL…..hmmmm……the addresses doesn’t match. Not only this, look at the creation and expiration date of the website. If a company is indeed 15 years old, then the expiration date should be at least 2-3 years later.

I googled their address but didn’t find any result. I, then, googled,Credex Finance Corp and found out that there is indeed such a company (or should I say ‘was’). It is actually an HYIP (High Yielding Investment Program). Their website iswww.credexfinance.com but the site is not loading now.

The address of Forex Achievements matches with that of Credex Finance. For proof, please check this link below:http://www.hyipnews.com/pindex.php?navp=101&cid=914

If you check these two links given below, you will see that site was online from February 11, 2010 but not anymore. Please check the payment status……….it says NOT PAYING.

http://more-earning.com/index.php?a=details&lid=11661

http://www.hyipnews.com/pindex.php?navp=101&cid=914

I wonder if Forex Achievements is still paying now!

Take a look at their ABOUT US page. The images given were (at least the money tree is) taken most probably from Google images. Scroll down the page and look at the company’s photo gallery. The first photo says OUR DIRECTOR. What a joke! They did not even mention the director’s name. A 15-year-old company has no message from the director……….amazing! The staff looks fake too. Take a look at the front and back of the building. It looks completely fake. Are these people trying to tell us that the whole building is theirs? To me, it seems like a model building created by some architect.

Although Forex Achievements say that they will open their offices soon in Mumbai, and then within a month in Noida, Delhi, etc., the truth is that these people do not have any licence to do business in India. They don’t have any Certificate of Incorporation, PAN Card, Legal Advisor, physical address, contact number and other legal documents. Not only this, the English used on their website is poorer than mine (hehehe). Whoever invests on this so-called company will surely lose their money.

I had chatted with one of their ‘professional staff’. Instead of answering my queries, I was told to give them my email address and phone number so that they could call me. They haven’t called or sent me mail.

Please beware of this fake company. Run away if anyone asks you to invest your precious money on to this one. Also show this post to open people's eyes.

You will also find the same post at http://lifeis1000.blogspot.com.

2. QUANTUM FUNDS ONLINE (both .com and .us)

The certificate of Quantum Funds Online is FAKE. The link below is a search site for US Corporations registered with the Office of Secretary of State.

http://www.sos.wa.gov/corps/corps_search.aspx

If you type Type Quantum Funds Online in the first field and search, you will get zero results. Now enter the UBI number from Quantum Funds Online Legal Certificate which is: UBI NO. 602-839-025 (please remove the dash between the numbers when you enter in the above mentioned site.)

The result you get will be DANA CHIROPRACTIC CLINIC, INC. and not Quantum Funds Online.

It means that Quantum Funds Online is not a registered company in the US. The UBI no. shown in the certificate belongs to a different company.

Even the text is copied directly from other websites. The second paragraph is copied from the first paragraph ofhttp://www.royalgroupofcompanies.net/ .

The 3 paragraphs of quantumfundsonline are copied from:http://royalforexfunds.com/aboutus.php

The ABOUT US page of Quantum Funds Online is directly copied from: http://en.wikipedia.org/wiki/Quantum_Group_of_Funds andhttp://www.worldlingo.com/ma/enwiki/en/Quantum_Group_of_Funds

The FOREX page is copied from:http://www.investtechfx.com/about-forex.asp and other websites.

Don't invest money. If you are already in it, then do good by NOT introducing or referring others.