This review is going to be on a site called Chevron Funds Limited. What is Chevron Funds Limited? Is it a scam? Or a legitimate opportunity for you to invest and make some extra money online? Any reasons why their investments plans have a very high rate? Is there any catch? These are some of the questions that we will be focusing on in this short review.
Alright without further ado, let’s get things rolling…
Name: Chevron Funds Limited
Price: Free to join, minimum deposit $10
What is Chevron Funds Limited all about?
According to Chevron Funds Limited, this is what they had to say about themselves.
“Chevron Funds Limited is a United Kingdom based oil and gas exploration and production company committed to obtaining and developing the most profitable onshore oil and gas project for our investors.
Chevron Funds Limited
is ahas different team of talented oil and gas specialists and entrepreneurs who all share a common hunger for setting a new standard in oil and gas investing. Our experienced, creative management team is responsible for record-level investments, successful acquisition, and proven development.”
My guesses are that after reading through their company introduction in the “about me” page, you would have an impression that this MUST be a legitimate company to invest in.
To be honest, don’t get too excited yet because this isn’t the truth and doesn’t tell you the entire story. So what is the truth? I will share with you more below.
Let’s uncover the “secrets”…
First and foremost, Chevron Funds Limited isn’t even a company at all. They are not experts or even traders.
The domain was only registered on the 18th of September 2016 and will expire 3 years from now. But the questions is, will they be around for the next 3 years or remain legit till then. Well, only they know.
But from my experience, I can tell you that this is very unlikely to happen. I have participated in many similar programs in the past and some of the sites have even gone on to register for 5 years. And guess what, within the first year, they have already shut down and run away with everyone’s money in their hand.
In other words, High Yield Investment Programs(HYIPs) are never in for the long haul and you will never be able to predict how long the site is going to be up. You can deposit today, and they can close down even tomorrow. I have people coming to my website and leaving a comment on such experiences.
If you thought that HYIP is a quick way to get rich, you’re WRONG. In fact, it’s a quick way to lose money. The only people making huge profits are the admins of this site. Depending on how famous is the site and how long it has been online, they can easily make hundreds of thousands to millions.
Making money at the expense of someone’s loss is an unethical way of making money online which is why I disregard these sites so much. The chances of you losing money are much higher than you making.
Investment Plans tell you Majority of the Story…
I’m not sure about you, but when I look at some of these investment plans, it already triggers me that something is not right. Seriously, 500% after 35 days? 1000% after 70 days? These plans are ridiculously too good to be true.
Ask yourself, have you come across a bank or legit investment company that gives out this many profits in such a short space of time. Most of you would probably answer NO.
It’s literally free money if you ask me. The only reason I could think of is that they deliberately want to create this impression that you can make big profits with them so that more people will without hesitation come forward and invest.
Some of the plans look affordable but some are not. What? Minimum deposit of $1000/$3000? The worst is they even went on to put a maximum of $100,000 in one of them and no limit on a few. What does this tell us? Basically, they want people to know that you can invest large amounts of money.
That’s crazy. Honestly, I will have sleepless nights every day if I were to invest such a huge amount into a site that I don’t even know much about. Strangely, there are people who invest big amounts to sites like this. But before they realize the truth, it’s already too late.
Educating yourself is very important. In fact, common sense is even more important in this context if you ask me. When you are thinking about making an investment. Stop a minute, take a breather and then start thinking straight. Is it really that easy to make money online? Why would these guys want to provide such services? Is there any hidden agenda?
Also, don’t underestimate sites like these because they are always a step ahead of you. Some of you might think that investing small amounts to see whether they pay out is a good idea before you invest big amounts. That’s wrong. This is their entire game plan.
They WANT you to invest small amounts so that they can pay you and gain their trust before you deposit bigger amounts. Once you deposit let’s say $1000 this time round, I can strongly say that the outcome won’t be as similar to the smaller amounts you deposited. It’s a typical scamming method widely used. Don’t fall for those because I have been a victim of these scams before.
Those Proof are not worth an Investment!
I did some additional research to see what others are saying about this site. Although some of the claims to have made some money, I am still not convinced with it.
I looked at the forum and I did saw a handful of people sharing information about them getting paid from Chevrons Funds limited. But the funny thing is those who investment money are really those small rollers. Earning $0.40 or even $2 isn’t really a big deal. And as I mentioned before, the outcome won’t likely be the same for those big amounts of $1000 or more.
Just because you see someone earn $2 for a $50 investment isn’t worth for you to invest any bigger amounts.
Same goes to their Facebook page. I noticed that those have shared their earnings are those who made less $5 or less. For me, I would need to see proof that people are getting paid over $100 worth of commissions before I can gain some trust on them. These small numbers mean nothing…
So is Chevron Funds Limited a scam?
Chevron Funds Limited is always going to be a scam(if not yet) along with other high yield investment programs too. The chances of you losing money are much higher than you making money in the long run. It’s better to avoid such sites at all cost.
However, if you are really keen on trying I am not going to stop you. Just invest small amounts maybe $10, $20 or something that you can afford to lose. If you managed to make some profits, try to roll your profits in the next investment. The KEY is to never invest big amounts with any HYIP sites because you will never know what’s going to happen next.
It’s better to play it safe than to be sorry later on.
Final Verdict: Scam, Not Recommended
Safe & Solid Way To Earn Money Online?
For those of you who are keen in generating good income online, I highly recommend that you start your own online business. This is a really safe and solid opportunity because you don’t depend on anybody but yourself. You don’t have to worry about investing money and not getting paid.
So… what do I mean by online business?
There are many ways of running your very own online business. Selling your own products or running an e-commerce store are a few I can list from the top of my head. But the one that I have personally tried and am talking about is called Affiliate Marketing.
Affiliate Marketing means promoting someone else’s products/services and earn commissions from it. There are countless of benefits for this approach which is the reason why I really love it.
Some of them include…
- You don’t need a huge capital to start
- Can be done from the comfort of your own home
- No need to physically get in contact with anyone. Everything is done through the internet.
- You don’t have to worry about what products to sell or storage space to put your products
- Definitely has more potential to make money compared to many sites online
It’s really not difficult to get started. All you need is an interest or passion. If you have one, you can build a business around it. I have been doing this for just over a year and have seen more than just great success with it. This opportunity has allowed me to quit my day job and run this entirely from home and the best part…? My income is almost 3 times of what I earned in the corporate world.
Though it is nice to hear… I have to tell you that this didn’t happen overnight. I have put in a great amount of effort to make this work. If you are expecting to make tons of money within a week or month, sorry, this isn’t something for you. You have to put in the effort and give yourself enough time to see success in this.
I know some of you might be thinking right now, how do I get started without any proper understanding or knowledge about Affiliate Marketing & starting an online business. Don’t worry, I have got you covered. I have been using this program called Wealthy Affiliate. It’s an online training platform that teaches you from scratch to building an affiliate marketing business.
If you are interested to find out more, you can check my review on it…
Alright, I have come to the end of my review on Chevron Funds Limited. I hope by now you have a much better understanding of what these kind of programs are really all about and whether it is something for you or not. Do join in the discussion section below and share your personal experience with regards to this program, if you have tried before. Questions are always welcomed too.
Thanks for reading…
And I wish you success 🙂