In this Bristolassets review, we aim to introduce you to an investment company whose plan is to collect and misappropriate clients’ money. Although they try to offer users interesting investment options and promise substantial returns, this is just a scammer’s trick. We have gathered evidence for this, and you can familiarize yourself with it below.
Brief Overview
- 🖥Official Website: https://bristolassets.com/
- ✈️Contact Addresses: New Jersey Office – 20 Headquarters Plaza North Tower, 7th Floor Morristown, NJ 07960; Chicago Office – 181 West Madison Street Suite 2950 Chicago, IL 60602
- 📞Customer Support: [email protected]
- 🔐Licensing and Accreditation: none
- ⏳Track Record: 2024
- 🧰Specialization: real estate Investments, digital custodianship
- 🤝Terms of Cooperation: from $400 for Starter Plan up to $200,000-10,000,000 for Real Estate Pro Plan
- 💰Additional Services: no
Bristolassets.com Examination
The official website of Bristolassets looks attractive and is quite functional. The web designers chose an excellent design, and the content managers almost managed to avoid mistakes.
However, “almost” does not mean everything is perfect. There are many minor errors on the site, such as NEP instead of NFP (non-farm payrolls) in the company’s list of investment offerings. There are also bigger problems, like the link to Terms & Conditions in the footer and main menu leading to the homepage.
But this is not the main issue. Most of the materials presented by the company, while looking quite plausible, have nothing to do with Bristolassets’ actual activities. All the beautiful product presentations are borrowed from asset management companies that genuinely manage investor portfolios. Even the authoritative signatures at the end of the brochure are just forgeries.
Company Contacts
Visitors will find Bristolassets’ contact information on the Contacts page. The company decided that the following means are sufficient for user communication:
- A feedback form.
- An email address.
- A couple of postal addresses for offices (in New Jersey and Chicago, Illinois).
- Live chat.
At first glance, this looks impressive. However, even such an extensive list raises questions:
- Why does “one of the world’s largest independent traders and fund managers” not have contact phone numbers? Could they not afford to rent phone lines?
- Why does the company not provide a single link to social media? Did they not have any staff to create and manage groups and channels?
- Why did a company registered in the UK (we will return to this legend) open 2 American offices and none in the UK? And under what legislation is it operating?
In short, only the online contacts (email address, feedback form, and live chat) appear to be functional. The rest seem to be there just to impress novice investors.
Key Conditions
The owners of Bristolassets have tried to offer investors as many profitable options as possible. As a result, they have created six tariff plans for different amounts and terms of investments, each with varying profitability. Clients will find the following options:
- Starter. Invest $400 to $1,999 for 10 days with a daily return of 2%.
- Bronze. Invest $2,000 to $6,999 for 10 days with a daily return of 3%.
- Golden. Invest $7,000 to $14,999 for 10 days with a daily return of 4%.
- Platinum. The last 10-day plan for wealthy investors. To receive 5% daily, invest $15,000 to $999,000.
Two remaining tariff plans are for those willing to invest in real estate, with a 30-day term:
- Real Estate. Invest $100,000 to $150,000 for a monthly return of 10%.
- Real Estate Pro. For investors who can invest $200,000 to $10,000,000, with a monthly return of 15%.
As we can see, all Bristolassets tariff plans involve aggressive strategies, with only one plan (Starter) offering an annual return of less than 100% without compound interest. The figures are simply unbelievable, and achieving such profits even with digital assets (not to mention real estate) involves enormous risks. However, not a word is mentioned about the risk levels.
Moreover, the return is guaranteed for each plan. How one can guarantee returns of this magnitude in any market is unknown to us.
In fact, there is only one scenario: when an HYIP masquerades as an investment company, paying investors from new deposits or not paying at all. It seems like this is exactly what we are dealing with. The active attraction of new funds from newcomers is driven by a 10% referral bonus.
Thus, all the signs of a Ponzi scheme are present:
- High returns.
- Lack of confirmation of income sources.
- Zero information about own capital.
- Rewards paid from new clients’ funds.
Needless to say, only scammers use this scheme? We think you already understand that this is exactly how Bristolassets operates.
Exposing Bristolassets
We have found numerous pieces of evidence confirming the dishonesty of the company. Some of these clearly indicate that Bristolassets is a scam project.
Firstly, it seems that the authors of the site texts do not know which company they are writing about. They mention Bristolassets with suffixes LLP and LLC, without realizing that these are different firms. There’s also Bristolassets Financial Services Group, LLC, listed in the footer as the site owner.
Things get worse from here. In their documents, the company presents a registration certificate issued by the UK Companies House. The certificate looks good with the name Bristolassets (without any LLC, LLP, etc.) and a registration number. However, this document is a fake. The certificate with that number was issued to a completely different company, Bristol (UK) Limited.
Our suspicion of a HYIP scheme was confirmed: most HYIPs are not officially registered. But the project continues to convince us that it operates legally and even suggests checking their details with the reputable American self-regulatory organization FINRA using their Broker Check service.
Apparently, the project representatives did not expect anyone to follow their advice. But we did check. We found 480 results in FINRA’s database, but none corresponded to the query Bristolassets.
The company’s claims about its legal operations are worthless. It has no official registration and no income from trading on financial markets. It only aims to attract as many naive clients as possible and scam most of them.
This assumption is further confirmed by the fake company’s history. On several pages, they claim to have been accepting clients since 2019 and to have become one of the industry leaders by 2020. They even presented the profitability of their “portfolios” in the past. However, the whois service data easily debunk these legends.
The domain bristolassets.com, used by the project, was registered only on May 15, 2024, just over a month before writing this review. So forget about the 5-year track record and be cautious. This HYIP has just started and is actively luring clients, don’t become one of its victims.
What Reviews Do Users Leave?
There are very few Bristolassets reviews so far, which is not surprising — the scammer hasn’t yet had time to “gain fame” in just over a month and a half. However, they have already ordered a few positive comments, such as on TrustPilot. Four users gave it the highest rating. However, they didn’t say anything specific about the company and its offers and all decided to write within two days — June 19 and 20. Obviously, these were the days when the payment for reviews was made.
On the contrary, administrators of domain checking services like ScamAdviser hold a different opinion. In their rating systems, Bristolassets scored no more than 5 points out of 100. This score clearly indicates that trusting any publications on the site is unwise.
Conclusions
In conclusion, the Bristolassets review makes it clear that referring to it as an investment company would be a big mistake. The project is a trivial HYIP, albeit one that wants as much money from clients as possible. False information about registration and approval by various regulatory authorities strongly suggests that we are dealing with a scam. Sending money to its accounts is not advisable, as the risk of losing everything is too high.
Pros/Cons
- A solid-looking official website.
- Six tariff plans designed for different amounts and investment terms.
- The company has no official registration.
- The documents with signatures, copies of which are posted on the site, do not exist.
- The information about the company's operating period is inaccurate.
- The project has only been around for a little over a month.
- The generous payouts are most likely the result of a Ponzi scheme.
I’m confused. Is investing in HYIPs a guaranteed failure?