{"id":7975,"date":"2020-07-14T07:00:00","date_gmt":"2020-07-14T07:00:00","guid":{"rendered":"https:\/\/savingsforfreedom.com\/?p=7975"},"modified":"2020-07-18T22:10:33","modified_gmt":"2020-07-18T22:10:33","slug":"fastinvest-times-up-a-new-investor-legal-action","status":"publish","type":"post","link":"https:\/\/savingsforfreedom.com\/blog\/2020\/07\/14\/fastinvest-times-up-a-new-investor-legal-action\/","title":{"rendered":"FastInvest: Time’s Up! A new investor legal action?"},"content":{"rendered":"\n

Last January, Kuetzal and Envestio shutdown their fraudulent operations. After that, I decided to stop investing in FastInvest, taking into consideration the many doubts around the company loan portfolio that you can read here<\/a><\/strong>. The reality is that since April, FastInvest is limiting investors withdrawals of the available balance. Now, after 3 months, investors are tired of excuses and what to take action.<\/em><\/p>\n\n\n\n\"\"<\/a>\n\n\n\n

The Most Controversial P2P Platform<\/span><\/h2>\n\n\n\n

FastInvest is one of the most controversial P2P platforms in Europe. Since the first time I learned about the platform, it was impossible not to find multiple publications highlighting major problems with the company<\/a><\/strong>, the founders<\/a><\/strong>, and the loan originators<\/a><\/strong>. How did FastInvest managed to attract more than 41,000 investors since 2015? The reality is that until January 2020 FastInvest was able to survive every single wave of criticism and grow. However, in March the first warning signs from investors not being able to withdraw funds were shared in investors groups and since then a successive number of actions\/excuses were presented. <\/p>\n\n\n\n