Manifest Ventures Review – MLM Vultures Exploit AI Trends

Apparently, turning your dreams into reality has never been easier than with this shady company selling unlicensed financial services. Their attractive marketing is based on AI popularity and similar amenities that swindlers use to deceive inexperienced traders.

Please explore our take on this bogus platform and read our Manifest Ventures review till the end to understand how you can still get your stolen assets back.

Broker status:	Educational platform
Regulated by:	No license
Operating Status:	Active online Ponzi scheme
Known Websites:	manifest.family
Blacklisted as a Scam by:	FCA
Owner:	Manifest Ventures
Headquarters Country:	UK (Alleged)
Foundation Year:	2022
Online Trading Platforms:	N/A
Mobile Trading:	No
Minimum Deposit:	$149
Deposit Bonus:	No
CFD Trading Option:	No
Crypto Asset Trading:	No
Available Trading Instruments:	N/A
Maximum Leverage:	N/A
Islamic Account:	No
Free Demo Account:	No
Accepts US clients:	US clients are accepted
Global Fraud Protection Experts’ Verdict:	If you seek trading knowledge, make sure you are advised and guided by professionals and licensed firms, not faux trading gurus!

Unscrupulous Business

Manifest Ventures Forex fraud is not owned by a legal or even any real entity. The address given on the site doesn’t match a company with this name, as evident from the UK Companies House database. Alleged Jimmy Bennett appears several times, however, as the owner of multiple entities, the majority of which are dissolved.

Besides, just a registration isn’t enough to be eligible to promote and sell online financial services – such platforms need FCA approval. Needless to say, these schemers have none and what convinced us is the FCA warning.

Please only choose firms that properly protect your funds, allow compensation options, and ensure negative balance protection, among other security measures.

Partnered Broker is Also Blacklisted

Since the group’s purpose was not to provide a trading environment, it had to rely on a partner to do so. This partner is Sapphire Markets, which operates the sapphiremarkets.com web domain.

The whole deal wouldn’t be all that bad if this broker was a reputable entity. Alas, they were a bunch of scammers as well, ending up on the FCA blacklist. Their web service was shut down soon after, leaving Manifest Ventures login account owners cut off from the trading portal they paid so much for.

Not a Single Positive Review

This company is so destructive and toxic that they haven’t earned a single positive review on Trustpilot. You’ll find a notice on the site that the firm has received regulatory warning as soon as you open the page.

Out of the only few Manifest Ventures reviews posted, all of them are negative and the average company rating is 1.8 stars out of 5. Apparently, everyone who invested on that platform regretted it—funds disappeared, withdrawals were blocked, and all of the services were fake and non-existent.

How Online Ponzi Schemes Work

The entire Manifest Ventures scam operation works as a supercharged MLM. The fraudsters peddle this idea of building a family, a close group of people who work together to achieve financial greatness.

Much of the initial recruitment happens through social media, notably Facebook, Instagram, TikTok and Threads. These new recruits are then encouraged to bring more people into the fold through use of promotional material.

The charade revolves around a fake persona named “Jimmy Bennet”, who promotes an opulent lifestyle. This, he says, was accomplished through a classic get-rich-quick scenario. More details on the inner workings of the con can be found on a dedicated Reddit board.

Swindlers Target People Around the World

The manifest.family website domain was created in early 2022. Judging from the WhoIs information, the domain lease is set to automatically renew, meaning that the cons intend to keep using it for a while.

These nations generate the most traffic to the site:

• United Kingdom
• United States
• Canada
• Australia

It is not unheard of for online fraudsters like Hawkensley to pack up and disappear overnight when they feel threatened. Take action before it’s too late, and contact our recovery experts today!

Is Platform Even Included?

The schemers have changed the type of service they allegedly provide numerous times. The latest of these changes was the FCA shutting down its partnered broker.

Now, we know that the service wasn’t top-notch, but it did come with a trading platform included. Without access to any trading software, the MLM had to re-invent their ideas once more. This explains why the firm now offers crypto/FX education, stocks and real estate investments, and of all things – travel guides.

Deceptive Offer of Assets

Besides fund management and trading education, these con artists also claim to specialize in other fields. These include mindfulness, health and wellbeing, travel, and similar nonsensical spheres that have nothing to do with online trading.

When it comes to trading instruments and learning about them, education is allegedly provided on:

• Crypto and NFTs
• Forex
• Stocks & shares

Ultra Pricey Packages

The company’s membership packages are clearly intended for younger people from the upper middle class. These were not single-time payments like many other Ponzi schemes, but recurring billing plans.

To encourage victims to linger, the scheme offers a plan renewal discount. Let’s have a look at the prices now:

• Silver monthly – $149 first time; $99 renewal
• Silver yearly – $1,049 first time; $999 renewal
• CEO Customer monthly – $399 first time; $349 renewal
• CEO Customer yearly – $3,549 first time; $3,499 renewal

Hidden Fees Galore

Through numerous client testimonials, we have learned that this MLM also charged numerous hidden fees. Hidden fees are a staple of other online cons like EliteVision as well.

Customers mention their “performance fees” skyrocketing from 0%, over 15% to as much as 30-40% in a matter of months. This is done in order to diminish the profits so much as to make a withdrawal unfeasible.

Nobody Has Had Any Success Withdrawing

Every owner of a Manifest Ventures account was basically throwing all their money into the pit. While it was possible to buy a package, none of the clients were able to get any of their initial investments back.

Transactions are not transparent and the website reveals nothing of relevance when it comes to monetary transfers, methods and waiting time. Numerous complaints from the victims state that they were unable to withdraw any money, and that they were instead encouraged to pay up even more for some benefits and be patient.

Chargeback is Still Possible!

The Manifest Ventures investment education scam may not be your typical fraudulent brokerage portal. However, getting involved with these swindlers can cost you just as much, if not even more.

Therefore, please don’t hesitate to ask for help immediately after you’ve found out that your withdrawal is blocked. Contact our chargeback experts and find out what you can do to recover lost investments. Our chat agents are always at your service, and you can book a free consultation at your convenience.