Pennywise Wealth Management Review
Pennywise Wealth Management offers unique investment solutions to investors. The company assures guaranteed interests of up to 3% on a daily basis, on the cash deposited.
Is Pennywise Wealth Management Regulated?
Pennywise Wealth Management lures the public with its high incentive schemes. It calls for a minimum deposit of USD 100 to earn interests through either of its three cash deposit schemes i.e., premium, gold, and platinum. As per its website, the company has been incorporated in the United Kingdom. However, upon investigating further it was discovered that it is neither registered nor regulated by any of the authorized financial institutions such as FCA.
Is It Safe To Deposit Your Cash With Pennywise Wealth Management?
Unfortunately, the conditions mentioned by Pennywise Wealth Management, makes it quite dubious about the malicious intent of the company. It says that each withdrawal request may take up to 7 to 14 days to be approved. Also, its concept is based on Nobel Prize-winning research. Our research revealed that it is nothing, but a Ponzi scheme, which has created many investors. Hence, it is not advisable to invest in it.
How To Protect Yourself Against Scams And Subsequent Recovery Of Money From Pennywise Wealth Management?
If you have been tricked by Pennywise Wealth Management, you can utilize our consultation services on anti-fraud strategies. In case your money has been illegitimately seized by the firm, you can access the fund’s recovery companies listed with us to recover your lost savings.