Univgroup scammed universally

A hyip called univgroup which was launched on January 5th has stopped paying to turn to scam since March 25th as reported by members. Univgroup offers two types of plans which are 10% daily, and 200% after 15 days.

Those members who have deposited into 10% daily said that their payments have stopped and did not complete the plan as advertised on the website. This scam hyip claimed to be a forex trader based company as stated in ‘About Us’ section of the website:

“With univgroup.biz we will try to help many people that are willing to invest in the Forex Market but they have neither the necessary experience nor the time to do it successfully.

We have partnered with a selected group of traders that will managing the funds. We expect from them high ethical standards in their trading behaviour and to do their best as a Forex traders working under the good name of UnivGroup Inc. in order to obtain excellent rates of profitability. Of course, we will guarantee profitability rates to anyone interested in taking part in the Fund as an investor. We can promise you professionalism, hard work, good profit and honesty.”

Some players may think this is a serious hyip as the admin uses a nice and professional looking template for the website. When I visited the website, I noticed there is no rating page at all.