{"id":8345,"date":"2020-09-09T08:00:00","date_gmt":"2020-09-09T08:00:00","guid":{"rendered":"https:\/\/savingsforfreedom.com\/?p=8345"},"modified":"2020-11-29T15:53:31","modified_gmt":"2020-11-29T15:53:31","slug":"suspicious-troubling-and-fraudulent-p2p-platforms","status":"publish","type":"post","link":"https:\/\/savingsforfreedom.com\/blog\/2020\/09\/09\/suspicious-troubling-and-fraudulent-p2p-platforms\/","title":{"rendered":"Suspicious, Troubling and Fraudulent P2P Platforms"},"content":{"rendered":"\n

This year has been quite an experience to any investor. The European P2P industry is now reckoning with the impact not only of COVID-19 but specially with the break in trust that resulted from suspicious, troubling and fraudulent P2P Platforms. This lead to a number of ongoing criminal cases, with police investigations under way. In some cases, there are clear signs that at least some frauds are interconnected. The goal of this post is to share a update on a list of platforms I follow that I prefer to avoid.<\/em><\/p>\n\n\n\n

Please let me know if I’m making any mistakes in the list below or if I should include additional platforms and why…<\/p>\n\n\n\n\"\"<\/a>\n\n\n\n

Suspicious and Troubling P2P Platforms<\/span><\/h2>\n\n\n\n

The following P2P platforms are operating, and serving clients, even if I would be very careful in investing in these. If situation improves, it will be great to remove them from this list in the future.<\/p>\n\n\n\n

iban Wallet<\/h3>\n\n\n\n

iban Wallet<\/strong><\/a> is among the most discussed platforms in the industry, and not for good reasons. As you remember, when reviewing the platform<\/a><\/strong> I highlighted the lack of transparency about the financials, operations and business structure of the entire organization.
Check the post below to understand my concerns about the platform.<\/p>\n\n\n

\"iban<\/a><\/div>
Risk Management<\/a><\/span>

iban Wallet: A Warning Message<\/a><\/h2>
<\/i> By SavingsForFreedom<\/a><\/span><\/i> November 4, 2020<\/span><\/i> 0<\/span><\/div>
I decided to stop promoting iban wallet on my blog. Too many questions without answers, too much smoke around people, locations, finances and operations. A warning message to all.<\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n

Fastinvest<\/h3>\n\n\n\n

FastInvest is one of the most controversial P2P platforms in Europe. Check the article below to learn more about my current perspective. Because of this post my FastInvest was terminated and I received the small amount still there. Based on available information, funds are still been paid, but many investors are ready to go to courts.<\/p>\n\n\n

\"FastInvest:<\/a><\/div>
Risk Management<\/a><\/span>