Veralis Globals is an online platform offering forex, cryptocurrency, and binary options trading. The platform claims to be a subsidiary of Veralis Globals Plc, which it alleges is a century-old parent company and one of the largest in the world. However, no information about "Veralis Globals Plc" can be found through public channels, casting doubt on the company's background.
Company Background
According to the "ABOUT US" page on Veralis Globals' official website, the platform was established in 2010 with a mission to help investors enter the market and achieve financial freedom. The website claims that the company began sponsoring innovative projects in 2013 and expanded its operations from individuals to multiple private equity funds. In 2014, the company adjusted its fund management model, launching private closed-end funds to ensure professional fund management and confidentiality, and underwent infrastructure reforms in 2015 to enhance liquidity, clearing engines, and institutional frameworks.
The company also claims to have expanded its business through social media, but no official accounts can be found on platforms like LinkedIn, Facebook, Instagram, Twitter, and YouTube.
Core Business
Veralis Globals offers fund management services designed to manage funds for investors and operate both short- and long-term investment projects. The platform claims to focus on fund security and high returns, with operations across multiple countries, and claims to be part of the Investor Compensation Fund (ICF) in the US and has contracting qualifications in Europe.
However, the fact is that there is no such entity as the "Investor Compensation Fund" in the US; investor protection is mainly handled by the Securities Investor Protection Corporation (SIPC) and the Federal Deposit Insurance Corporation (FDIC). Thus, the claimed protection information is not authentic.
Regulation
Veralis Globals has not provided any company registration information or regulatory licenses on its official website. Further investigation shows that the platform has no regulatory authorization records with any major financial regulatory bodies such as the UK Financial Conduct Authority (FCA), the U.S. Securities and Exchange Commission (SEC), the European Securities and Markets Authority (ESMA), or the Australian Securities and Investments Commission (ASIC), indicating that the platform lacks legitimate financial regulatory authorization.
Investment Plans
Veralis Globals offers four investment plans as follows:
Basic Plan
- Duration: 24 hours
- Minimum Investment: $50
- Maximum Investment: $499
- Returns: 10%
- 24/7 Customer Support
- 3% Referral Bonus
Standard Plan
- Duration: 24 hours
- Minimum Investment: $500
- Maximum Investment: $999
- Returns: 30%
- 24/7 Customer Support
- 3% Referral Bonus
Premium Plan
- Duration: 24 hours
- Minimum Investment: $1,000
- Maximum Investment: $2,999
- Returns: 70%
- 24/7 Customer Support
- 3% Referral Bonus
Ultimate Plan
- Duration: 2 days
- Minimum Investment: $3,000
- Maximum Investment: $100,000
- Returns: 250%
- 24/7 Customer Support
- 3% Referral Bonus
Analysis of Investment Plan Issues
The investment plans of Veralis Globals exhibit typical characteristics of a Ponzi scheme, as evidenced by the following:
- Excessive Return Promises: The promised returns for each plan are far higher than legitimate investment channels, for example, the Ultimate Plan offers 250% returns, which is notably beyond the range of normal investment returns.
- Lack of Clear Investment Objectives or Activities: The platform does not specify where funds are allocated, lacking transparency, which is a typical characteristic of a Ponzi scheme.
- Dependence on New Capital to Pay Old Investors: Investor returns may be sourced from continuously attracting new investors rather than legitimate investment profits.
- Overreliance on Referral Bonuses: The platform offers a 3% referral bonus, aiming to draw in new funds, which is a Ponzi scheme's hallmark.
- Short-Term High-Return Cycles: Most plans promise hefty returns within 24 hours or 2 days, which doesn't align with normal investment return timeframes.
- Lack of Regulation and Transparency: The platform lacks certification from third-party financial regulatory institutions and legitimate credentials.
Funds Deposit and Withdrawal
Veralis Globals claims to support multiple deposit methods, including bank wire transfer, PayPal, Neteller, Skrill, MoneyGram, MasterCard, Bitcoin, Western Union, and Perfectmoney.
At the same time, the platform requires investors to submit documents for review during withdrawals, and the finance department processes withdrawal requests and conducts transfers. In addition, the platform requires a minimum withdrawal balance of $70 and claims monthly fund payouts.
Company Address and Company Personnel
Veralis Globals claims to operate at 7 Stroude Road, Skaill, KW17 4RW, United Kingdom. However, investigations reveal no active companies registered at this address. Additionally, no information about company members is provided, and no personnel information of this platform can be found publicly.
Website Traffic and Templates
According to Semrush data, Veralis Globals receives less than 100 visits per month, indicating minimal user activity. Furthermore, the website shares the same design template with multiple scam websites, suggesting they may be mass-produced by the same production team.
User Reviews and Brand Exposure
Currently, no user reviews or news reports about Veralis Globals can be found online. The platform is listed as a high-risk scam platform by ScamAdviser, with no other credible exposure or recognition.
Contact Information
Veralis Globals only provides an email address ([email protected]) as a contact method, lacking any other effective contact options.
Risk Report
Based on the above information, Veralis Globals has the following major risks:
- Lack of Regulation: The platform is not registered or authorized by any major financial regulatory bodies, lacking legitimate financial safeguards.
- False Company Background: The company background information provided on the website cannot be verified, indicating clear false advertising.
- Excessive Return Promises: The investment returns offered by the platform are far above market norms, exhibiting clear Ponzi scheme traits.
- Non-Transparent Capital Flow: Lacks clear explanations of fund utilization, and returns may rely on new investors' funds rather than legitimate earnings.
- Illegal Promotion: The platform claims to be part of the Investor Compensation Fund (ICF), but such an institution doesn't exist in the US, and in Europe, the ICF doesn't align with the platform's claimed functions.
- Unverifiable Company Information: The company's registration information and personnel background cannot be found, further increasing the platform's suspiciousness.
In conclusion, Veralis Globals poses significant risks, and investors should remain highly cautious and avoid committing funds.
