Belize’s IFSC warns against Profit Riders, promising up to 200% in daily returns


The International Financial Services Commission of Belize (IFSC) has published one more warning on its website.

The watchdog has voiced its concerns regarding Profit Riders Inc., an investment firm operating via www.profit-riders.com. The company is promising generous profits – up to 200% in daily returns, to investors that decide to entrust Profit Riders their money.

The IFSC notes that the company is purporting to be registered in Belize to carry out online investment activities under registration number IFSC/60/560/TS/15 stating its registered office to be 84 Albert Street, Belize City, Belize, C.A. However, these claims are fake.

The regulator confirms that “Profit Riders Inc.” is not licensed by the International Financial Services Commission of Belize or any other competent authority in Belize to engage in trading in securities or any type of international financial services.

Investors are asked to exercise extreme caution with regards to this business entity and to inform the IFSC in case they are contacted by representatives of Profit Riders.

PROFITRIDERSCERT

The fake certificate on Profit Riders’ website.

To view the full text of the warning, click here.

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Belize's IFSC warns against Profit Riders, promising up to 200% in daily returns

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