InvesableAI has been identified as a risky opportunity by Intelligence Commissioner users. We’ve received over 7 complaints against InvesableAI.
The InvesableAI scam emphasizes the critical importance of scrutinizing and skepticism in investment decisions. Exercise extreme caution and conduct extensive research before committing funds to any venture. Its failure emphasizes the importance of tighter cryptocurrency industry regulations, with authorities urging them to protect investors from fraudulent practices and strengthen oversight.
Key Takeaways
Is InvesableAI Regulated? Do They Have a License?
In 2023, the buzz around artificial intelligence (AI) reached its peak, with various computer-based programs showcasing human-like capabilities in data processing, decision-making, and learning from experience. One company that capitalized on this trend was InvesableAI, claiming to offer simplified data analysis, decision-making, and investment returns through the integration of AI and machine learning algorithms.
However, a deeper investigation reveals that InvesableAI was nothing more than a cryptocurrency scam, deceiving investors with false promises and ultimately collapsing. Let’s delve into the details and uncover the truth behind this fraudulent scheme.
InvesableAI presented itself as a platform that aimed to make alternative investment investing transparent, accessible, and liquid. Their founders boasted about using AI and machine learning algorithms to evaluate market data and make investment decisions, considering both fundamental and technical analyses.
The platform offered features such as portfolio optimization, real-time monitoring, flexibility in investment strategies, and constant market surveillance.
To become an investor on the InvesableAI platform, individuals were required to sign up for a free account. This granted them access to exclusive investment opportunities available only through the platform.
However, the promises of customized investment strategies and transparency turned out to be nothing more than false advertising in the pursuit of luring unsuspecting investors.
The lack of regulation or the presence of poor regulation is a huge red flag. It means InvesableAI is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of InvesableAI, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Trading Conditions and Deposit/Withdrawal Methods at InvesableAI
InvesableAI accepted various payment methods, including bank transfers and cryptocurrencies. However, it is important to note that the platform has disabled withdrawals, leaving investors unable to access their funds. The promised refunds, mentioned in the email sent to investors, were likely an attempt to pacify customers and prevent them from seeking legal recourse.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
InvesableAI Customer Service: Do They Handle Complaints Well?
One of the key issues with InvesableAI was its handling of customer complaints. Many investors reported difficulties in contacting the support team and receiving timely responses to their concerns. The lack of transparency in addressing these issues raised red flags and further eroded trust in the platform.
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.
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InvesableAI Reviews: What Do Others Say?
As of now, the total number of victims and the amount of money lost in the InvesableAI scam remain unknown.
The collapse of the platform has left investors in financial distress, with their funds trapped and inaccessible.
It serves as a stark reminder of the risks associated with investing in the volatile cryptocurrency market and the importance of conducting thorough due diligence before entrusting funds to any platform or investment scheme.
Regulatory authorities are expected to take action against InvesableAI to hold the perpetrators accountable for their fraudulent actions. The investigation will likely involve cooperation between international agencies to track down Lee Dalton, Richmond Ray, and any other individuals involved in the scam.
Online forums and social media platforms have become a gathering place for victims of the InvesableAI scam to share their experiences and warn others.
The testimonials paint a grim picture of shattered dreams and financial losses. Many investors express regret for falling prey to the promises of easy wealth and emphasize the importance of conducting thorough research and skepticism when approached with investment opportunities that sound too good to be true.
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like InvesableAI tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust InvesableAI reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of InvesableAI, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like InvesableAI enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “InvesableAI reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising InvesableAI.
You should always look out for consumer complaints. In the case of InvesableAI, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees and charges
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about InvesableAI? You can share your complaint in the comment section or submit an anonymous tip.
Is InvesableAI Legit Or Scam?
InvesableAI presented itself as a cutting-edge platform integrating AI and machine learning algorithms to revolutionize cryptocurrency investment. However, behind the facade of innovation and transparency lay a fraudulent scheme designed to deceive investors and ultimately collapse under the weight of its own deception. The masterminds of the scam, Lee Dalton and Richmond Ray, exploited the allure of quick riches in the cryptocurrency market, leaving investors in financial distress.
InvesableAI is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind InvesableAI can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust InvesableAI?
All the evidence suggests that InvesableAI is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Frequently Asked Questions
Is InvesableAI a scam?
Can I withdraw money from InvesableAI?
Where is InvesableAI Located?
How do I get my money back from InvesableAI?
How The InvesableAI Online Scam Works
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Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
