Our subject today is a company called Malta Private. Read our review for details.
What is the Malta Private Scam?
The site of the company states that Malta Private is a company which works in the oil-producing industry. The goal of the company is to find investors willing to lend their money to the company to enable it to raise funds and get a quick profit. The company has SSL encryption, protection against DDOS attacks and a dedicated hosting to protect the money lent to it.
Malta Private is what is commonly called as a High Yield Investment Program (HYIP). HYIP companies are generally scams with the objective of taking your money and vanishing after they got it, so you have to careful with them.
What Are the Investment Plans Offered By Malta Private?
Malta Private seems to have a single investment plan: you invest a certain quantity of money ($50 USD or not) and you will receive 12% daily for 12 business days until you can take your money back. You can pay the money using PerfectMoney, Payeet, AvdCash or cryptocurrencies like Bitcoin and Ethereum.
Is Malta Private A Scam?
We did not invest in Malta Private, so we cannot be sure that the company is a scam, but we have some indications of that. The company is fairly new, it was launched in September 2017, it went offline sometimes as we browsed and it did not look very trustworthy.
The odds do not look very good for this company. It might be that Malta Private is a legit company, but it looks too risky.
The Malta Private Scam Verdict
It does not look like a good idea to invest in Malta Private. The company does not match our standards of security and HYIPs are generally dangerous, so avoid it if you can.