DeSeaCatch Review: Deseacatch.org a Scam With a Catch
Deseacatch.org claims to be based in London, UK. It was established in January 2020. The company generates its income by supplying seafood.
The platform is still new in the market, and it has some features which raise red flags. Some of the company's allegations do not add up.
Deseacatch.org platform is available in the English language alone. The development has stated that they will launch a version in Chinese, Spanish, and Russia. The investment Company wants to grow globally.
The platform asks investors to deposit a particular amount of money to support their projects. The Deseacatch.org uses the funds to catch and deliver seafood to consumers.
A shop or restaurant will purchase seafood products from the investment company. The attained profit is then shared among the investors, dividends, and a particular portion is retained to support the business.
DeSeaCatch promises users an average of 2.2% profit daily. The affiliate program they assure clients is also very enticing. Avoid platforms that offer unreasonable amount. Use trustworthy cryptocurrency investment companies to yield returns.
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DeSeaCatch Review
Deseacatch.org pride itself as an elite seafood supplier. The investment company has a good user interface website. They claim to make money from the fishing sector. The investment company has not made any factual data to validate the platform's success.
The platform claims to be equipped with certificate scripts from SSL, Gold Coders, and Cloud flare protection. The information they have provided is intended to create transparency with its investors.
DeSeaCatch platform claims the seafood venture is very profitable and on-demand.
The platform claims to have a large pool of clients, and they are frequently expanding their operations. The investment company allegedly works with big chain restaurants across the globe.
The investment company offers its services to all forms of clients. They cater to small retail investors who prefer short term investments and those who choose the premium plan.
How does DeSeaCatch Operates?
DeSeaCatch claims they have excellent links with commercial fishers who distribute them with required seafood at favorable prices.
After acquiring the seafood, they supply them to luxurious hotels that offer them a significant profit margin. The platform’s narrative seems legit and very practical. Many investors might fall for their catch.
DeSeaCatch theory seems easy to achieve. But, if you take a look and keenly observe their platform, you will realize some flaws.
There is no information to show the vessel number used to transport seafood. There is no evidence to prove the platform is connected with any fishermen.
The founder of DeSeaCatch remains unknown to the public, so in case the operation goes south way nobody would find them.
It is uncertain the accrual charges involved, the employees’ wages, or the risks involved.
The investment Company has so many loopholes and inadequate information that it would cause many experts investors to have a cold foot.
Deseacatch.org Regulation and Support
The company claims to be regulated, but there have not displayed any documents to validate the information.
DeSeaCatch has no license or legal permit to show they are in the investment company legally. It is, therefore, illegal for the platform to take funds from the members of the public.
Investment companies who use public funds ought to follow strict protocols. Legal documentation is required.
Being based in the UK, they need to be featured with FCA. We checked the FCA, and we did not find them under their list of regulated platforms.
The people running this platform will face prosecution for operating illegally. This is the feature of a pyramid scheme.
The company is not transparent with its investors. The platform investors support can only be contacted via email.
The team behind the DeSeaCatch is operating anonymously. Nobody knows who they are, and they cannot be traced if they exit the market.
The chances of Deseacatch.org contacting you after receiving your funds are very slim. The investment Company allegations to respond to clients’ queries within 24 hours are false.
Some investors who didn’t have an insight into how market mechanisms and IPOs operates have lost their funds to DeSeaCatch. There is no hope of getting their money back.
Before you invest in any cryptocurrency ventures, always ensure that the platform is not a pyramid scheme. Making money online is not as easy as the scam platform puts it. Be cautious and avoid DeSeaCatch.
Investment Plan and Returns
Deseacatch.org has four investment plans that clients can choose from. The platform claims that its activities are in line with their obligations.
The platform accepts funds via Bitcoin, Ethereum, Litecoin, Payeer, US dollars, and Perfect Money. You can convert fiat currency to digital currency. The exchange rate is 5% less than the standards of the market.
DeSeaCatch investment company promise their investors they will have a stable income from the realized profits.
The first investment plan is Oyster. Clients can deposit funds from $20 up to $250. The platform promise customers a 107% profit. It will take 10 days to mature. The daily return is 7%.
The second plan is the Octopus. You can gain a profit of 121% within 15 days. DeSeaCatch platform accepts a deposit of $20 up to $500.
King Crab is the third investment plan. The program takes 25 days to mature. Customers can deposit funds from $20 to 2, 000. It offers investors a return of 145%.
The withdrawal process takes a maximum of 36 hours to be executed. Withdrawals are executed manually. We believe the plans are only meant to drive more victims to their platforms. The only thing certain thing you can get from the company are huge losses.
The fourth and final investment plan of Deseacatch.org is Lobster. The pack grant users a 177% profit. The amount that you can deposit is $20,000. It takes 35 days to mature.
If you pay attention to DeSeaCatch returns, you will realize they are too high and unreasonable.
The suspicious platform returns will make investors become a millionaire within a short span. This is another Ponzi scheme that will leave you high and low. The performances are meant to attract newbies who are not well versed with how the crypto world works.
Referral Program
DeSeaCatch has a referral program that is meant to increase investors' returns. If you invite new members to the platform, you gain a commission.
You can invite your friends, relatives, or colleagues using the official referral program. DeSeaCatch has three-level affiliate programs.
The rewards scheme ranges from 1% to 6%. The VIP bonus is from 1% to 8%. DeSeaCatch has grown popular within a short span. All thanks to their marketers who are responsible for driving traffic on the platform.
The investment Company will pay Promoters to pass false information on how they have gained high returns from their operations.
The marketers will leave fake testimonials, content, video, and ads to trick people into investing with Deseacatch.org.
Do not believe every information available online. Trust your guts, and as always, if a deal sounds too good to be true, walk away.
DeSeaCatch Domain Insights
We gathered critical information from Whois.com and Alexas.com regarding the investment company. The platform is registered under the domain name Deseacatch.org.
The registration took place in August 2019, and it’s expected to expire in August 2020. Most of the traffic coming in the platform comes from Egypt, Bangladesh, and Ukraine.
DeSeaCatch Final a verdict
Deseacatch.org does not perform any seafood-related activities. The platform is another Ponzi Scheme that its sole purpose is to scam as many investors as possible.
The platform does not have the number of investors they claim. Neither do they have a permit to undertake their investment activities.
The platform will exit the market after scamming most of their clients. Avoid shady platforms like Deseacatch.org at all costs. Only invest with trustworthy crypto companies.