Are you considering investing in Uper Co, but you’re unsure of its legitimacy? Before making any decisions, it’s important to research the company and its practices thoroughly. Our team has done the research for you and uncovered some concerning information about Uper Co.
To find out if we recommend Uper.co for trading, read our review. This is a Uper.co (uper.co uppercap.com) review by Chargebackpros.
Who is Uper.co?
After prior investigation of Uper.co, their address – (Av. Los Militares, Las Condes, Región Metropolitana, Chile) was able to reveal that they are not governed by any regulator. That is a RED FLAG and enough reason to avoid them.
A closer look at Uper.co website – (uper.co uppercap.com), shows a striking similarity with websites that offer “Automated trading software, HYIP software, unregulated trading software and insecure protocol software”. This is another RED FLAG, because these types of websites are notorious for fraudulent schemes.
Uper Co is a supposed investment platform that promises high returns on investments. However, it’s important to note that Uper Co is not registered with any financial regulatory body, and its activities are not monitored by any governmental organizations. This lack of oversight raises red flags about the legitimacy of the company and its practices.
Is your money safe?
Uper.co is simply another unregulated financial institution that is highly likely to get away with your hard earned money because there is no regulating agency to hold them accountable.
How does Uper.co Scam work?
One of the key indicators of a scam is an unsustainable business model. Uper Co claims to generate profits for its investors through cryptocurrency trading and mining. However, there is no evidence to support these claims, and it’s unlikely that the company is actually generating the profits it promises.
Furthermore, Uper Co requires a minimum investment of $100, and it promises returns of up to 40% within a short period of time. These high returns are not backed by any credible evidence and are unlikely to be sustainable.
Brokers that are not regulated mostly operate in the following manner. They will reach out to people through various means like phone calls, or social media; to persuade them to make the initial minimum deposit.
After making the initial deposit, victims are transferred to a more sophisticated scammer known as a “retention agent”, who takes more money from unsuspecting victims.
Complaints from Investors
Multiple investors have reported losing their money after investing with Uper Co. Some investors have reported that their accounts were locked, and they were unable to access their funds. Others have reported that they received no returns on their investments, despite Uper Co’s promises.
How to withdraw funds from Uper.co?
Uper.co will delay the process for months if you want to withdraw your funds, regardless of whether you have profits or not. If they delay it for a few months, you might no longer be able to get your money back or even file a chargeback. Your money might be forever lost without professional help.
How can you recover your money from Uper.co?
If you have already deposited money with Uper.co, and you have been unable to make withdrawals; which is very likely, don’t worry, there may be a way or two to get your money back.
But first, you must have evidence of the scam as proof that you haven’t been able to make a withdrawal.
What you should do?
File a chargeback immediately to get your money back, mostly because it is also the most damaging to them. To emphasize, the most important consequence of this is to server their relationship with payment providers and secure a refund.
We can assist you in preparing your chargeback case. We will help you present your case to your bank, credit card company, and cryptocurrency merchants.
You can reach out to us through live chat, contact form or support@chargebackpros.org
Uper.co Review Conclusions
BEWARE OF THIS SCAM! It is
Unregulated
by –
Not Recommended
.
This company has no financial regulatory overview, so it is HIGHLY likely that they make away with your money. And with this in mind, you may not be able to make a withdrawal without professional assistance. In conclusion, always make sure to do extensive research before investing. If you have any questions or need assistance with the withdrawal process, please contact our customer support team. Contact us at support@chargebackpros.org
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ALWAYS TRADE WITH A REGULATED BROKER
