As practice shows companies that claim they are located on Cayman Islands should be avoided. Just because the words Cayman Islands are usually associated with tax haven businesses. In other words, offshore companies. Companies that obviously have something to hide. Logically, by no means, they can be trusted. Invictus Capital states they are based on Cayman Island and it’s a good reason for investors to become concerned. It’s all about security, yes, but who will get benefits if something goes wrong? Not investors, but the company. If I were an investor, I would really think twice or probably would steer clear of them at all.
This review (Invictus Capital Complaint) was originally published at Skeptic Files.
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