I see a lot of NovatechFX Affiliates (network marketers) claiming that because it’s still around in 2022 that it must be 100% Legit!
Is this true?
Let’s find out…
I reviewed NovatechFX back in 2019 and then again in 2021 but did not recommend it because they have too many red flags.
Let’s look at the facts in 2022….
1- Owners are MLM leaders who recruited a ton of victims into AWS Mining (a ponzi scheme that collapsed in 2018).
They are known scammers.
2- Cynthia claims she is a reverend.
-I can not verify this.
3- When they first launched in 2019, they set up their domain with bogus info using a fake address from The Vatican City.
-This was ridiculous!
4- NovatechFX Still not registered!
-Most of the traffic going into Novatech is from USA…
5- They are not registered with the US Regulators.
Come to think of it, they are not registered in any of the countries that are included in NovatechFX’s top traffic…
7- No proof of any forex trading activity other than pictures of graphs and bars.
8- All comments on the ‘Official’ NovatechFX You Tube channel are turned off.
What are they hiding?
-Probably they don’t want to show any if their disgruntled investors comments.
Conclusion:
So does NovatechFX surviving for 3 years mean that it isn’t a scam and they are now 100% legit?
Well let’s recap the facts…
1- Owners are known scammers from AWS Mining.
2- No proof that Cynthia Petion is a Reverend.
3- Back in 2019, they were pretending they were set up in The Vatican City.
4- Not registered in the US (where most of their traffic and investors come from).
5- They are not registered in any of their other top countries.
6- Still no proof of Forex Trading Revenue.
7- All comments on their channel are turned off indicating that they are hiding comments from investors who are not happy.
So why did NovatechFX last from 2019 to 2022?
They have lasted so long because their is still new revenue being created by ‘network marketing recruitment’.
Also…
Somehow they have managed to stay under Security Regulators radar for now.
However…
Once recruitment dries up, just like AWS Mining, NovatechFX will end in collapse stealing most of invested funds.
Most people who invest in NovatechFX will lose way more than they ever gain.
Rory Singh is a Home Business Development Coach, Blogger and You Tube Publisher
I have seen many people, companies and systems come and go in my years online. I have 3 decades of experience in the MLM industry (since the 80’s) and have been online since 2006 (as an affiliate marketer).
I have been doing Reviews since 2013.
In my experience, the ONLY people who make a Long Term Lasting Income Online, are the people willing to learn how to become financially independant.
Get Access to a System designed to teach you how to launch and run your own business online (work remotely).
After all, the ‘best’ investment is in ‘yourself’.
Here’s My # Recommendation For Learning How To Earn With Crypto