This review is going to be about a website called Business Angels Inc. Limited. What is Business Angels Inc.? Is it a scam? Or a legitimate opportunity for you to invest your money in and make money online? Can you see good returns with such programs? These are some of the questions that we will be covering in this short review.
Alright without further ado, let’s get things rolling…
Name: Business Angels Inc. Limited
Owner: Walter Brown
Price: Free to join, minimum deposit $10
What is Business Angels Limited all about?
According to their homepage, this is what they had to say about themselves.
“Your business partner, Business Angels Inc. Limited, is a source of income for private investors. Our mission is to connect entrepreneurs with financing sources, help them receive stable income, and ensure financial support for their business.”
Now, when surfing through the site, most of you would have clicked on the different menu options such as investors, partners, startups to learn more about the site
Forget about the rest, let’s just turn our attention to the investors and startups section for now.
This is what they had to say about investors:
“The main goal of any investor is to earn stable daily income while being exposed to minimum investment risk and being sure that his/her funds are secure. To serve this goal, we created Business – Angels Limited, a company which has helped many businessmen grow their profits. Through a careful analysis of the startup market, we minimize investment risk. The guaranteed privacy provided by our service opens up a broad choice of investment opportunities for businessmen”
This is what they had to say about startups:
“If you have a great idea that is already profitable, but you lack the funds to accelerate growth and development, we can offer you exactly what you need. BUSINESS ANGELS INC LIMITED provides finance to successful startups on the best terms possible.”
And this is exactly where most of you will get confused. So is this an investment site or a site that provides financial assistance(e.g. loans) for people who wants to start a business.
The funny thing is when you click on either of these it will still lead you to the same sign-up page. Obviously investing and needing financial support is two different categories. How can it be included under one?
Anyway, let’s get this straight. Business Angels Limited has nothing to do with getting loans or financial help. Don’t get fooled by any of those claims you see. This site is all about investing money. They have a term for it. It’s called HYIP which stands for High Yield Investment Program.
I will share my more about HYIPs and my experiences with them slightly later on.
More about the Company Itself…
Since we are dealing with investing, which means putting a sum of money into the company to make money, it is important that you first do a background check on the company itself. You shouldn’t blindly just put money into some random company you are hearing for the first time.
This is my first time coming across Business Angels Inc. Limited too. Never heard of them before this.
I tend to look for several things when doing background research. And the very first one would probably be information about the owner or founder of the company. In this case, I couldn’t find a single piece of information on who runs the company.
This is a hint telling us that there is something fishy about this company.
The company is taking in big investment amounts but not able to tell who are we giving our money into seems strange. How do we know that our money is safe and secure?
I did some research and managed to find out that this website is registered under a person called Walter Brown. I have no idea who he is or how he looks. If he runs away with my money in hand I could literally do nothing but just stare because I don’t know anything about him. It could even be a fake identity, you will never know.
Apart from his name that website seems to be registered under a London address, FORTIS HOUSE 34, LONDON, ROAD BARKING.
As I dug deeper it seemed like their address is nothing more than just a name. I don’t think there is a physical company there.
Why do I say so? Have a look at this!
As you can see from the above image, most of the traffic that comes to their website is from Russia. Doesn’t it seem strange to you? A company from the UK with over 50% of traffic from Russia? Obviously…
From the looks of things this website is probably run somewhere in Russia itself or could be outsourced. This probably could explain why they gave to contact numbers. One for the United Kingdom and another for Russia.
I got a strong feeling that the UK number will redirect you to the Russian number so it will make you think that they are picking up your call from the UK.
Smart move, I have to say. But too bad… I’m not buying into it!
My Experiences With HYIPs
This website is a good example of a high yield investment program. They claim to give you high return rates for your investments. According to Business Angels website, deposits will increase by 0.5% per day to a maximum of 4% daily. Seems too good to be true if you ask me.
Coming back to my experiences…
I have a good amount of experience with HYIPs in the past. I did invest in several companies(Amazing 5, Atlant Investments and etc.) but almost all of them closed down without giving a notice. I managed to make some money but was still at a loss because my initial investments were still inside.
Like I said earlier, I couldn’t do anything about it because I have no idea where they are. Even if I knew their location, I probably am not going to take a plane and go hunt them down.
This is why I emphasize that you don’t blindly invest money into a company because if they run away with your money in hand, you can’t track them at all. Once it’s gone… it’s GONE!
So think twice before you want to invest in such opportunities.
If you would really like to give it a try, then small amounts will do. Since their minimum deposit is $10, you can try to make use of it. If you made money good for you. If you didn’t…it’s OK. We all learn from our mistakes.
One thing you should NEVER do is when you made some money with a small deposit, you should not try to go for a big deposit the next time round thinking you will make bigger profits. This is a typical mindset of an amateur investor. You should understand that every time it won’t be the same.
Sites like this are smart enough to pay out small amounts to gain your trust and when you decided to go BIG, you might never get back your money again…
Is Business Angels Inc. Limited a Scam?
Yes, Business Angels Limited is definitely a scam and I recommend that all of you stay far away from this. Their site is very misleading and provides you with fake addresses. It’s clear cut that they are not a legit company from the UK. If so, they shouldn’t be getting majority of their traffic for Russia…
Personally, I didn’t invest a dime into this company. But the reason why I am writing this review is because I had a couple of viewers emailing me and complaining about not getting paid with this site. So to warn everyone else out there about the situation I decided to share my input.
Final Verdict: Scam, Not Recommended
Safe & Solid Way To Make 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 into an unknown company and not getting back your investments.
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 revenue sharing sites
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 Business Angels Limited. I do hope by now you have a better understanding of what it is all about and whether it is something you want to take part in. Those of you who have personally tried Business Angels Inc. Limited are welcomed to share your experiences with us in the discussion section below. Questions are welcomed too.
Thanks for reading…
And I wish you success 🙂