This review is a warning against the Vergo Earners scam that is made to make you lose money.
What is Vergo Earners
According to its official website, Vergo Earners is a private, legally registered online investment company. The company trades financial markets, offers loans, invests with hedge funds and offers escrow services.
The main offer of Vergo Earners consists of six investment plans for the public. The minimum deposit is 500 USD and daily returns range between 0.84 and 2.3%.
The company claims to be located in Connecticut, United States. But can you trust it, is Vergo Earners legit?
Vergo Earners scam
We needed just a quick look to immediately see that Vergo Earners is a scam. In this review we explain all the important facts and proofs.
The first important thing we noticed is that Vergo Earners is a fake company. It claims to be registered in Connecticut, but when you make a search in the concerned register, you won’t find anything. You can also see it in our picture below.
It is clear that Vergo Earners is lying on its website, it certainly is not a legally registered company.
Vergo Eearners is offering financial products and services that clearly are subject to regulation. Which means that the company needs authorizations from financial regulators to be able to operate legally, that is the law in the United States.
But as we have already established, Vergo Earners is not even registered as a company, let alone being regulated as a financial/investment company.
The conclusion here is pretty simple, Vergo Earners is an illegal company that can’t legally offer its services. And that is valid not only for the United States, but also for almost every other country in the world, since financial and investment services are regulated almost everywhere.
One very fake thing you will find on the Vergo Earners’ official website is clients’ testimonials. Photos are stock and the testimonies are pure fiction.
In reality you will not find any positive Vergo Earners reviews because it is a scam. People who invest with this program just lose money.
It’s in the plans
All the fake things and lies delivered by Vergo Earners that we have discussed above are proofs that this is a scam. However, there was one much quicker way to uncover the truth.
All you need to do is to look at the investment plans. Because 0.84 to 2.3% daily is something that screams scam. No legit investment or other company can make this kind of profits that would mean up to 69% returns per month. 69% is something that the best investment companies will rarely do in one year.
We know that it is something people don’t want to hear, but that is economic reality. And when you compare reality with what is being offered, you can quickly see what you are dealing with.
99% of online investment scams that we have seen and reviewed offer this kind of absurd returns that make them very easy to expose.
How Vergo Earners works
We know that Vergo Earners is a scam, we have just proved that. But it is possible that the program is or at least was paying its users. This is because fraudulent platforms like this one often start as Ponzi schemes.
Which basically means that they just take money from new members and give it to older members. They are building a particular sort of illegal financial pyramid that is destined to crumble. It always is only a matter of time before that happens.
People often defend these scams by saying they must be legit because they are paying. But as we have just explained, it is not true, because scams often pay a limited time from their inception.
But they always lie about what they do, what is their true nature. And when the incoming flow of money from new members dries out, the organisers just take the remaining money and disappear. Participating in these schemes is not worth it, very likely you will lose money. And if not, you will be able to profit only if someone else gets scammed.
Vergo Earners review – Conclusion
Vergo Earners is a scam run by a fake and illegal company, you have to stay away from it!
If you are interested in legit investing, you can try a free demo account with a regulated company. Practice with virtual money to see how far you can get.
Your potential decision to invest real money must be preceded by a really good understanding of risks involved in financial trading.