Below you will find an honest and detailed Novak Plus review that will help you decide if the company is legitimate, trustworthy and a good place to do business or a scam. Continue reading to learn more about Novak.
Safety Index For Novak. Plus: 15/100(illegal Ponzi Scheme).
Novak Plus Website Highlights
- Domain Name: Novak .Plus
- Website name: Novak
- Website claims: High return rate and 5-level affiliate program
- Schemes: 3% daily
Novak Plus Review: Pros and cons to determine if Novak Plus is a scam or genuine
- On its website, you can find the Hypertext Transfer protocol Secure (HTTPS).
- The domain name and the website name must match.
Cons (Drawbacks or Complaints).
- This is a Ponzi Scheme, which is neither legal nor sustainable. The legal authorities have warned the public that the Ponzi scheme is not sustainable. Ponzi scheme will cause the majority of participants to lose their money and only a small number will profit at first. This is why you can find a few people that promote and support Ponzi schemes.
- It is a Ponzi Scheme because there is no real income source to pay profits to its members. It promises to pay a rate of return that is unrealistic, such as 3% per day on investment amounts of members, but does not provide proof of the income source.
- Novak Plus, a Ponzi scheme, deceives individuals by showing genuine proofs of payment. They pay a few members at first to give the impression of a successful payout. It is impossible to pay all participants of these schemes. Ponzi schemes are risky and should be approached with caution.
- Ponzi schemes, such as the one you mention, may attempt to deceive people by presenting documents obtained from authorities in Hong Kong or the United Kingdom. It’s important to not be misled by these documents as they don’t grant a licence to run a company of this type. These registrations are usually obtained for tax purposes and not to endorse the legitimacy of a business. Many businesses that had similar registrations in the past were revealed to be fraudulent schemes.
- Novak’s business strategy is similar to that of many scam sites including Katana Vertexcoin Paymorebit and others.
- It also runs another illegal scheme called a Pyramid Scheme. This is because any company that pays referral commissions up to multi-level downlines without selling real products or services, is considered a Pyramid scheme. It claims to pay referral commissions up to five level downline, but it does not sell any real products or service. This makes it a Pyramid Scheme.
Our Final Verdict:
Novak is a fraud business, based on the information provided.
Please feel free to add any comments or reviews to the Novak.Plus review.
Our website has a search bar that can help you find comprehensive information on a company, website or online activity. Enter the name of the website, company or online activity that interests you and click on the search button. You can also browse our homepage to find an array of articles that cover a variety of categories. Click to visit our homepage. This resource will help you to identify the most recent scams and other useful information.