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Straight off the bat, if you’re reading this review to find out if pipminds.com pays the answer is yes (at least right now), they’ve clearly paid some people but don’t believe the hype just yet. Read this review to the end and find out why I do not recommend this platform.
So where’s Pipminds international located?
Offline the platform is located in Akwa Ibom Nigeria. The full address is St Francis bus stop off Abak Road Uyo, Akwa Ibom State, Nigeria. Online, it can be found on pipminds.com. More on this later in the red flag session.
But first…
What pipminds.com claim to be:
On its page, it says it was established in 2019 and the company provides forex education and forex investment opportunities for users. It also claims to have a presence in 6 countries with 3000+ active users. In summary, they help average individuals generate wealth, or that’s what they claim. Of course, many of these claims are unverifiable. But to their credit, their PR team is fairly good. I was able to find a few paid articles on the internet showing the CEO Emem Alban, the offices, and classrooms for training.
So good, but if the recent BOX VALUE scam taught Nigerians anything it is the fact that a company can have physical structures and conduct seminars in several states and still turn out to be a scam.
Names associated with the pipminds.com platform
CEO: Emem Amban
Admin: Nwamuo Ifeanyi
Marketing: Collins Ogunedo
There’s more including one picture-less member Edidiong Asuquo…
Nothing says professionalism than listing your team without a picture…lol
Summary points about why I do not recommend Pipminds international
Note: Whether they are paying right now isn’t the question but will this company that seems hastily put together stand the test of time? All signs indicate it will not.
RED FLAGS
1. Domain was registered for just 1 year: The pipminds.com website was registered in 2020-02-24 and will expire 2021-02-24. Of course, it can be renewed for one more year, but no company that has longevity in mind registers a domain name for a year only. This is a subtle sign that pipminds.com management knows they could shut down at any time.
2. The website is badly built: The pipminds.com website looks cool on the surface but when you start clicking around, you find most of the sessions don’t work. It shows a 404 error. All the sections in the screenshot below show a 404 error. It’s suspicious that since 2020 when the website was created no one deemed it necessary to fix any of these errors.
3. The investment plan is unclear: One of the opportunities on the platform is what it calls the Corporate Investment Pool plan and it has 3 plans each with a different entry amount. Now here’s what’s weird about it. The bigger the investment amount the lower the profit. For example, Plan A with an entry-amount of 360,000 naira will earn you 15 percent ROI monthly plan B with an entry-amount of 5million will earn you only 10 percent ROI monthly, and plan C with an entry-amount of 50,000,000 will earn you just 5 percent monthly.
4. It claims to be registered with the Corporate Affairs Commission of Nigeria (CAC) and to have an EFCC certification too but there’s no proof of this. And CAC registration doesn’t even mean a company can’t end up scamming you. BOX VALUE scam claimed to have CAC registration too.
5. Testimonial page has had only 3 reviews since its existence. I’ll think a company that claims to have over 3000+ members will have more members eager to vouch for them.
6. It promotes Ponzi scheme on its listing on another website. Check this link pipmindsinvestment.websites.co.in It is affiliated with pipminds investment. As you can see, in the screenshot below it’s clearly a Ponzi-esque scheme. Invest 10000 naira and get 20000.
Everyone knows this can’t last. But sadly many Nigerians are willing to risk it. I did a traffic analysis of the pipmindsinvesment.websites.co.in page and it’s got over 3000 daily page visits.
Sure you can visit too, but I hope after this review you will not consider investing in this suspicious platform.
This has been a pipminds investment review.
Thank u for a job weldone
You are welcome
For me you are talking rubbish. I have the direct phone number of the founder of Pipminds, it is in the open. Pipminds has office in Port Harcourt, 34 old Aba road. What you don’t know don’t write. Pipminds has forex academy with numerous students. Something you can’t build you want to run it down.
“pipmindsinvestment.websites.co.in It is affiliated with pipminds investment. As you can see, in the screenshot below it’s clearly a Ponzi-esque scheme. Invest 10000 naira and get 20000.” These are lies and never from Pipminds International Limited. Pipminds does not have 100,000naira package let alone these nonsense you wrote. All those pages showing an error when clicked is as a result of modifications on the site. Pipminds was given 15% and 10% but now 10% and 8% due to the nature of the financial market. Successful trade today does not guarantee successful trade tomorrow. Personally, I have my login details to access my investment in Pipminds and likewise every other investor. You come online and write rubbish when you have not visited their head office. Today, all the investors and COE had meeting at Ibom e-library hall. It is good to investigate before writing.
Scam apologist spotted.
The issue is not whether or not Pipminds is paying right now. Many would-be scams pay for a while. The real issue lies in the fact that Pipminds bears striking similarities to other suspicious investment schemes that ended up as scams. Box Value scam had a physical office too. It means nothing.
Buddy, enjoy your loot while it lasts.
I haven’t been able to get a sleep since yesterday, someone help me pls, tell me that pipminds is still paying. I invested with them 16th of last month and I haven’t gotten my roi up till now and the guy that use to give me update just blocked me, he’s working with them, I can’t get him on the phone. Please what’s happening in the platform? Am loosing it really
Their office along Atiku has been shutt down. So I guess dem don jakpa