Welcome Guest ( Log In | Register )

15 Pages  1 2 3 > » Bottom

Outline · [ Standard ] · Linear+

 OTM Capital scam or not?, Opinion?

views
     
TSVaderPeep
post Dec 17 2017, 02:38 PM, updated 6y ago

New Member
*
Validating
4 posts

Joined: Dec 2017
Hi, I just got introduced to an investment scheme OTM Capital. They were claiming a 100% return guarantee depending on the initial investment.

https://imgur.com/a/YJ4A9

Upon a deeper research, I've noticed there's a warning being issued by Danish Financial Supervisory Authority and apparently, the address written on their website otmcapital.com was fake.

https://finanstilsynet.dk/en/Tilsyn/Advarsl...ed/Advarsel-OTM

I was about to join in but at this point, it raised a huge red flag for me. Not to mention, when asked how did they manage to make all these profits for distribution... I got the answer it was from a hotel booking site that I never heard before, and wasn't even functioning properly.

otmhotels.com

Anyone who is an investor now can share the experience? I might be wrong.




kk131
post Dec 17 2017, 02:51 PM

On my way
****
Junior Member
531 posts

Joined: Jun 2005
From: Somewhere over the rainbow


QUOTE(VaderPeep @ Dec 17 2017, 02:38 PM)
Hi, I just got introduced to an investment scheme OTM Capital. They were claiming a 100% return guarantee depending on the initial investment.

https://imgur.com/a/YJ4A9

Upon a deeper research, I've noticed there's a warning being issued by Danish Financial Supervisory Authority and apparently, the address written on their website otmcapital.com was fake.

https://finanstilsynet.dk/en/Tilsyn/Advarsl...ed/Advarsel-OTM

I was about to join in but at this point, it raised a huge red flag for me. Not to mention, when asked how did they manage to make all these profits for distribution... I got the answer it was from a hotel booking site that I never heard before, and wasn't even functioning properly.

otmhotels.com

Anyone who is an investor now can share the experience? I might be wrong.
*
Think you've already answered your own question.

Return too good to be true. It looks like a scam, it smells like a scam, then most likely it is a scam.

gamestotal
post Dec 18 2017, 12:59 AM

Enthusiast
*****
Senior Member
724 posts

Joined: Jun 2008
scam normally run from one place to another, so by the time you find some people who have been con, they already disapear
ckdenion
post Dec 23 2017, 02:28 PM

Financial Practitioner
*******
Senior Member
2,866 posts

Joined: Sep 2008
From: Wangsa Maju, KL



if u know the earlier "development" compared to now, u definitely wont want to enter. anyway stay away from it.
aspartame
post Dec 23 2017, 10:06 PM

Look at all my stars!!
*******
Senior Member
3,165 posts

Joined: Feb 2015
QUOTE(VaderPeep @ Dec 17 2017, 02:38 PM)
Hi, I just got introduced to an investment scheme OTM Capital. They were claiming a 100% return guarantee depending on the initial investment.

https://imgur.com/a/YJ4A9

Upon a deeper research, I've noticed there's a warning being issued by Danish Financial Supervisory Authority and apparently, the address written on their website otmcapital.com was fake.

https://finanstilsynet.dk/en/Tilsyn/Advarsl...ed/Advarsel-OTM

I was about to join in but at this point, it raised a huge red flag for me. Not to mention, when asked how did they manage to make all these profits for distribution... I got the answer it was from a hotel booking site that I never heard before, and wasn't even functioning properly.

otmhotels.com

Anyone who is an investor now can share the experience? I might be wrong.
*
Normally, you should be commended for doing research before committing money but in this case, they promise "100% return guarantee".... upon hearing this, you should not have researched further.... you should not have told people you have researched on it because people will laugh at you....at your naivety..

From now onwards, tell yourself... any return that is 10% or more that is guaranteed.... just ignore and move on...
PrincZe
post Dec 24 2017, 08:36 AM

Look at all my stars!!
*******
Senior Member
3,050 posts

Joined: Oct 2008
100% guarantee some more

Blind people also see through it haha

Anything promise u such high return should be avoided


InvestorGuy
post Jan 30 2018, 10:54 PM

New Member
*
Newbie
1 posts

Joined: Dec 2016
QUOTE(VaderPeep @ Dec 17 2017, 02:38 PM)
Hi, I just got introduced to an investment scheme OTM Capital. They were claiming a 100% return guarantee depending on the initial investment.

https://imgur.com/a/YJ4A9

Upon a deeper research, I've noticed there's a warning being issued by Danish Financial Supervisory Authority and apparently, the address written on their website otmcapital.com was fake.

https://finanstilsynet.dk/en/Tilsyn/Advarsl...ed/Advarsel-OTM

I was about to join in but at this point, it raised a huge red flag for me. Not to mention, when asked how did they manage to make all these profits for distribution... I got the answer it was from a hotel booking site that I never heard before, and wasn't even functioning properly.

otmhotels.com

Anyone who is an investor now can share the experience? I might be wrong.
*
Hi, I am one of the corporate member from OTM, I have been engage with this company for 3 years.
I would like to highlight that the company does not offer any 100% fixed return(you have clearly gotten the wrong info) and the link shown is clearly not from the company.
Please also take note that the office is not in Denmark and the company does not have any hotel.

kindly refer to the following link:

http://www.military-technologies.net/2018/...-since-2016-q4/


The information that you have gotten is totally misleading.
weiho2902
post Mar 7 2018, 09:28 AM

New Member
*
Junior Member
19 posts

Joined: Jun 2011
QUOTE(VaderPeep @ Dec 17 2017, 02:38 PM)
Hi, I just got introduced to an investment scheme OTM Capital. They were claiming a 100% return guarantee depending on the initial investment.

https://imgur.com/a/YJ4A9

Upon a deeper research, I've noticed there's a warning being issued by Danish Financial Supervisory Authority and apparently, the address written on their website otmcapital.com was fake.

https://finanstilsynet.dk/en/Tilsyn/Advarsl...ed/Advarsel-OTM

I was about to join in but at this point, it raised a huge red flag for me. Not to mention, when asked how did they manage to make all these profits for distribution... I got the answer it was from a hotel booking site that I never heard before, and wasn't even functioning properly.

otmhotels.com

Anyone who is an investor now can share the experience? I might be wrong.
*
Hi , I’m with OTM capital for almost 1 years + everything is so far so good. Also there is no 100% guarantee every investment is come with a risk. Make ur own judgement .

Moreover. I think the best person could tell u is the one who alredy engaged with them. Those who not hear or might not hear of it straight away classify it a scam is totally not fair to the company ( my own opinion )

Ask yourself if u looking for a good food around by looking at ppls comment claim the food is suck whereby the person got in personally and writing bad comment for the restaurant and food. Do u think is fair for them ?

Anyway just my personal view. Thing is too good to be real just that we never really got the real deal only. Those might be exist.
taint8
post Mar 7 2018, 02:16 PM

Getting Started
**
Junior Member
226 posts

Joined: Aug 2009


Based on your own research that it has raised a huge red flag..... And anything that is 100% guaranteed returns. Its too good to be true ....

This post has been edited by taint8: Mar 7 2018, 02:16 PM
TSVaderPeep
post Mar 9 2018, 05:40 PM

New Member
*
Validating
4 posts

Joined: Dec 2017
QUOTE(InvestorGuy @ Jan 30 2018, 10:54 PM)
kindly refer to the following link:

http://www.military-technologies.net/2018/...-since-2016-q4/
The information that you have gotten is totally misleading.
*
Anyway just realized OTM Capital was listed as scam alert in this post: https://forum.lowyat.net/topic/3774126

the link you provided is a press release website which anyone can submit an article for USD9.90. That's just bad PR
Xithyl
post Jun 8 2018, 12:01 AM

New Member
*
Newbie
40 posts

Joined: Aug 2010


QUOTE(VaderPeep @ Mar 9 2018, 05:40 PM)
Anyway just realized OTM Capital was listed as scam alert in this post: https://forum.lowyat.net/topic/3774126

the link you provided is a press release website which anyone can submit an article for USD9.90. That's just bad PR
*
not only that... see what i found. looks like someone actually do report to Securities Commission of Malaysia

https://www.sc.com.my/list-of-unauthorised-...-individuals/#o
TSVaderPeep
post Jun 11 2018, 02:12 PM

New Member
*
Validating
4 posts

Joined: Dec 2017
QUOTE(Xithyl @ Jun 8 2018, 12:01 AM)
not only that... see what i found. looks like someone actually do report to Securities Commission of Malaysia

https://www.sc.com.my/list-of-unauthorised-...-individuals/#o
*
Wow... looks like they are not going to last very long
Shengmingho9
post Jul 2 2018, 05:11 PM

New Member
*
Newbie
2 posts

Joined: Jul 2018
QUOTE(VaderPeep @ Dec 17 2017, 02:38 PM)
Hi, I just got introduced to an investment scheme OTM Capital. They were claiming a 100% return guarantee depending on the initial investment.

https://imgur.com/a/YJ4A9

Upon a deeper research, I've noticed there's a warning being issued by Danish Financial Supervisory Authority and apparently, the address written on their website otmcapital.com was fake.

https://finanstilsynet.dk/en/Tilsyn/Advarsl...ed/Advarsel-OTM

I was about to join in but at this point, it raised a huge red flag for me. Not to mention, when asked how did they manage to make all these profits for distribution... I got the answer it was from a hotel booking site that I never heard before, and wasn't even functioning properly.

otmhotels.com

Anyone who is an investor now can share the experience? I might be wrong.
*
Shengmingho9
post Jul 2 2018, 05:12 PM

New Member
*
Newbie
2 posts

Joined: Jul 2018
Otm capital is a good project ! If you're interested i think we can meet up to talk about it. Contact me if you want to know more details about it 017-9226377 .
bloodchow2
post Jul 4 2018, 10:58 AM

On my way
****
Senior Member
664 posts

Joined: Mar 2013
yes, its a ponzi scheme like JJPTR

better invest in crypto for fast profit/loss...
luna yeoh
post Jul 7 2018, 02:13 PM

New Member
*
Newbie
1 posts

Joined: Jul 2018
QUOTE(VaderPeep @ Dec 17 2017, 02:38 PM)
Hi, I just got introduced to an investment scheme OTM Capital. They were claiming a 100% return guarantee depending on the initial investment.

https://imgur.com/a/YJ4A9

Upon a deeper research, I've noticed there's a warning being issued by Danish Financial Supervisory Authority and apparently, the address written on their website otmcapital.com was fake.

https://finanstilsynet.dk/en/Tilsyn/Advarsl...ed/Advarsel-OTM

I was about to join in but at this point, it raised a huge red flag for me. Not to mention, when asked how did they manage to make all these profits for distribution... I got the answer it was from a hotel booking site that I never heard before, and wasn't even functioning properly.

otmhotels.com

Anyone who is an investor now can share the experience? I might be wrong.
*
Hi there, Im afraid that you have some mistaken, for your information OTM Capital is not a scam as I have already successfully invested in their saving plan. Their company was not registered in Denmark or any other countries, OTM is located in an off shore island, Denmark is a place where they started their first branch.
On the other hand, their profits are not coming from a hotel booking site, their profits are all comes from the daily trading of Mitou(rated as the top 5 trading company).
otmhotels.com is just a website like Agoda which only allow their members to book 4,5&6 stars hotel, they do not earn any profits from here.
Hope you can receive your answers from what Ive wrote. And the information you've got is totally misleading.

This post has been edited by luna yeoh: Jul 7 2018, 02:14 PM
TOMEI-R
post Jul 7 2018, 02:57 PM

Extraordinaire
*********
All Stars
23,591 posts

Joined: Mar 2007
From: Kuala Lumpur


Wow.. out of a sudden, so many new dupes are created to 'defend' the mentioned company.

This post has been edited by TOMEI-R: Jul 7 2018, 02:57 PM
Xithyl
post Jul 7 2018, 06:25 PM

New Member
*
Newbie
40 posts

Joined: Aug 2010


QUOTE(TOMEI-R @ Jul 7 2018, 02:57 PM)
Wow.. out of a sudden, so many new dupes are created to 'defend' the mentioned company.
*
not many la... 2 only laugh.gif anyway, just let their friends invest first lo. if its so good, ok wad if we invest later after that, right?
veron4best
post Jul 29 2018, 12:28 AM

Regular
******
Senior Member
1,146 posts

Joined: Sep 2005
From: Kuala Lumpur


OTM capital and OTM ventures is the same?
bloodchow2
post Jul 29 2018, 02:52 AM

On my way
****
Senior Member
664 posts

Joined: Mar 2013
how to identify ponzi scheme :

1. %
2. guarantee return
3. scale up package like $100, $1000, $10000
4. requires capital to be locked up for a certain period like 1 month, 1 year etc

these scheme will end up 0 in 1 day, normally took few month or years to collapse, depends on the situation

i have seen many of these scheme, like JJPTR, magiccoin, bitconnect, and never grew tired of seeing these schemes yawn.gif

15 Pages  1 2 3 > » Top
 

Change to:
| Lo-Fi Version
0.0189sec    0.87    6 queries    GZIP Disabled
Time is now: 29th March 2024 - 01:25 PM