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Liberty Endowment Trade-in Plan-- Dose anybody have info on this?

  • 09-09-2013 7:55am
    #1
    outofsyncc
    Registered Users, Registered Users 2 Posts: 14 ✭


    I have recently been looking at different options for investing the small amout of money I have and I was poited in the direction of Liberty Endowment Trade-in Plan by a freind. Reading the information provioded it seems to good to be true. It gaurntees a E25000 payout at the end. This seems to good to be true. Am I missing soemething? Is this a scam?


Comments

  • #2
    Value Hunter
    Closed Accounts Posts: 337 ✭✭Value Hunter


    Until now such an offering has been a closely guarded secret normally reserved for large investment companies and an elite few within the insurance and banking industry. Now, thanks to Liberty and the internet’s ability to reach thousands of people you too can be a part of a collective Endowment bond to richen your life. The best part is it involves No cost, No commitment and No repayment.



    Taken from their homepage on their website, I become very skeptical when a company offers to make me rich for free


  • #3
    outofsyncc
    Registered Users, Registered Users 2 Posts: 14 ✭outofsyncc


    I agree. There is no such thing as a free lunch. This all seems just to good to be true. The idea of Invest $395 and get $25000 seems bonkers without some risk. If this was the case everyone would do this. However my friend is adamant its legitimate. I'm not convinced.


  • #4
    Value Hunter
    Closed Accounts Posts: 337 ✭✭Value Hunter


    How close are you to his friend? A lot of people get paid to refer other people to these type of 'investments'

    http://www.boards.ie/vbulletin/showthread.php?t=2056789845

    Here's a scam which was built up by people convincing their friends to pump money into it because of the supposedly massive, risk free and almost instant gains in their 'accounts'. All just numbers on a screen in the end


  • #5
    outofsyncc
    Registered Users, Registered Users 2 Posts: 14 ✭outofsyncc


    Im close to him but not close enough to takew his advice on blind faith.


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