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Super Bummed about Microventures and…
Super Bummed about Microventures and want to share so other don't make the same mistake.
MV sells equity securities marketed as IPO accessabilty.
Sometimes, i bet more then not, these securities are committed to a highly inflated IPO estimate stock price. MV charges large fees as well as additional fees on any proceeds in case your investment has a positive return. Either way they either make their money on the fees or take both the fees and then an additional commission on any profits. Legal but highly dubious. It's entirley my fault for trusting them and I should have trusted my gut. RUN AWAY
I wish I would have read this thread…
I wish I would have read this thread before I made the investments..true scam it is! Take your money and then word games galore and you never see 1 penny in return! Now newest scan is MV saying you can't get Microsalt liquidity.
Date of experience: April 27, 2024
Do not invest your money on MicroVentures (MV) platform. It is no difference as a scammer. I invested through this platform in 2021 investing about $90K. I lost 90% of my investment. The company I invested was acquired but I only can get less than 30% capital back. The company I invested went public but the share prices I paid to MV were much higher than the share price you can buy in any open markets. They mark up the share price ridiculously and at the end you will always lose money through MV.
Date of experience: October 20, 2023
Biggest scam of 21st century
Biggest scam of 21st century. No one has ever seen a cent back from Microventures. Stay away.
Date of experience: November 21, 2023
To ALL- Do not trust MV
All, please avoid using MV. I have invested in a company Arbit. $200 usd. After 3 years i was told this was liquidated and was supposed to get $23% of my investment back despite being safe and guaranteed. I tried to get the $47 (23%) paid to my account, and MV charges me $50 for the transaction, meaning that i lost all the money, while MV charges you $50 for a simple $47 transfer fee. This is Theft and MV are thieves not say say fraud/scam!.
Date of experience: January 30, 2023
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