Is The Investment Advisor Job Offered At InvestLogicLtd.com Legitimate Or A Scam?
A brand new website was just registered anonymously on 2/28/17 for one year only and it is located at investlogicltd.com. Of course we are not trying to imply that all newly registered websites are fraudulent or operating a scam, because actually most of them are legitimate. Unfortunately however, there are some that are only registered and created to appear legitimate while scamming innocent people out of their money!
InvestLogic LTD is actually a real company apparently doing business at Palmerston House 814 Brighton Road, Purley, CR8 2BR England in the UK along with approximately 100 other businesses. If you do a Google search, you will find quite a few business directory listings on the business and will discover InvestLogic LTD was incorporated in 2013, has a net worth of approximately $1600 and only reporting a total of $4500 in the bank with $2900 in liabilities and possibly only 1 employee with 2 directors (who are residents of Spain) and a secretary listed as Amedia Ltd. Also InvestLogic LTD has never owned a website, and now all of a sudden a website appears on 2/28/17 at investlogicltd.com complete with the legitimate company’s business address.
Below is a screenshot of the website:
Investment Advisor Job
Ok, so the website appears to be legitimate on the surface, except for one thing and that is the Investment Advisor job listing found in the website’s Careers section! Below is the listing:
INVESTLOGIC LTD is looking for a Investment Advisor to represent the company in North America and Australia to attract the investors and promote our products in this location on behalf of a wide variety of different development companies.
Your work includes contacting potential investors on a particular projects via the communication means (e-mail, phone); discussion and explanation of all the details of the proposed projects; assistance in the choice of the right projects for the investment, ensuring of the convenient methods of the investment between the investor and the developer company. We will provide you the database of the investors and companies with whom you will work.
– Have strong communication, attention-to-detail and organizational skills.
– Proficient in MS Office skills and related computer knowledge.
– Possess an ambitious nature.
– Be a team player with ability to multitask.
Education: High School Diploma
Experience: Not required
Employment Type: Contract position
Salary: We are offering an 6 hour shift, 5 days per week with compensation $9,500.00 per month + commission.
– Paid holidays, vacation/personal days.
– Commission/Bonus structure
If you are talented, active person with the high negotiation skills and looking for a position that includes working directly with clients in order to provide financial advice and guidance as part of an interdependent financial team, our company could be the next step in your career path and exactly the kind of working environment that you have been seeking.
Is it your type of person and you ready to start right now?
I have bolded in red the sentences where huge red flags popped up that instantly raised serious doubts that this is a legitimate offer or a legitimate website!
1st of all, not only HOW but WHY would a company with a net worth of $1600 and only $4500 in the bank afford to expand it’s business out into two additional continents?
Secondly, not only WHY but HOW could a company with a net worth of $1600 and only $4500 in the bank afford to PAY an Investment Advisor a SALARY OF $9,500.00 a MONTH PLUS COMMISSIONS?
And lastly, they are going to PAY this Investment Advisor $9,500.00 a month with NO EXPERIENCE REQUIRED and only has to have a High School Diploma… REALLY?? I suppose providing assistance in the choice of the right projects for the investment, ensuring of the “convenient methods of the investment” between the investor and the developer company, could translate in scammers terms to accepting the fake “investor’s” check, cashing it and wiring the cash overseas to the fake “developer company” so I can see why no experience is required for this position.
The answer to all 3 questions is the REAL InvestLogic LTD CAN’T and they ARE NOT doing any of this! The real InvestLogic LTD appears to have been targeted by scammers and that job listing is merely bait to lure jobseekers into applying right on the website for this “position” which no doubt, is nothing but a money mule scam.
Well, a reader of ours actually applied for this position and became suspicious when she was hired immediately and sent us a copy of the email they sent her instructing her to complete the Employment Contract and upload a copy of her Drivers License or Passport:
There is no doubt in our mind that The Investment Advisor Job Offered At InvestLogicLtd.com is a SCAM and the website domain was fraudulently registered by the scammers and is no way associated with the legitimate company InvestLogic LTD in the UK! Beware!
What To Do If You Are A Victim
If you have fell victim to an employment scam like this, you need to contact your bank immediately and close your account IF you have provided your account information to the scammers. Next file a police report with your local authorities and then file a complaint with the FBI’s internet crime center at http://www.ic3.gov/
If you provided your personal information like your drivers license, passport, social security# birthdate etc , you need to contact the 3 credit bureaus- TransUnion, Equifax and Experian, and place a fraud alert on your report. These criminals can steal your identity and may try and obtain credit in your name. Doing this will alert you for at least 90 days about any suspicious activity.
In the hands of a thief, just your name, address, Social Security number or date of birth, can be used over and over months- even years down the road to:
Open new lines of credit
Seek medical attention
Drain savings and retirement accounts
Provide an alias when arrested
Get a job or file false tax returns
Get Payday Loans in your name
Obtain service agreements for cellular service or utilities
Obtain Government Documents such as a drivers license or passport
That’s why I highly recommend you get some sort of ongoing identity theft protection such as the services offered through companies like LifeLock-Visit Their Website Here or Identity Force-visit their website here! LifeLock and Identity Force are both reputable companies that monitors your accounts and alerts and protects you from identity theft.
Have you received a suspicious email offering you an “opportunity” as an Investment Advisor or Investment Assistant with InvestLogic LTD? Feel free to copy and paste the email in the comments so we can help alert and prevent others from becoming victims.
Have a question about a suspicious job offer or perhaps considering or accepted a work from home job offer and you don’t know if it’s a scam or not? Let us check it out for you. Send us copies of these emails on our Contact Us Page or our Facebook page below and we’ll let you know. If we find it is a scam we will publish an article to warn others.