Decades of experience, prestigious licenses, and tens of thousands of clients across the globe – sounds like a stunning combination, doesn’t it?

However, we sincerely doubt that fund management companies could be legal when they operate as corporate agents of health and travel insurance companies. For more information on how this convincing scheme operates, read this InvestGuru review.

Illicit Operations Explained

InvestGuru.in says they’re owned and operated by Accord Financial Services LLP from New Delhi, India. Now this company needs a SEBI license if they manage their investors’ portfolios and engage in financial advising. If you take a look at the regulator’s register, you’ll see that they do not have the necessary permissions to provide financial investment services.

Furthermore, the website also states that this company is a corporate agent of another corporate agent, which is yet another corporate agent of a health insurance company called Star Health & Allied Insurance Co. Ltd. 

This entity is allegedly an AMFI member, but that still doesn’t mean they’re licensed. All of these companies claim to also be registered with IRDAI, but even if they were, they still wouldn’t be licensed as financial services providers.

Charlatan’s Dirty Tricks

WhoIs database shows InvestGuru.in hoax website was created in 2012. This is still a far cry from the alleged 21 years of experience.

Although there aren’t any InvestGuru reviews, our traffic analysis tools have determined these nations to be the main targets:

• United States
• United Kingdom
• Canada
• Germany

The firm operates Facebook, Instagram, X, YouTube and LinkedIn profiles in order to increase their online footprint. While many of the victims were pulled into the con circle through social networks, we cannot discount the involvement of boiler room agents.

These scam promoters constantly call people by phone, pitching one get-rich-quick strategy or another. In a move similar to Equiity.com, this scheme may allow a few withdrawals to keep clients’ investments piling up. The majority of the funds end up stolen one way or another. There is a way to recover lost money, so contact our experts to learn more.

Each Entity Defines Fees

Turns out there isn’t just one firm that provides the entirety of the services promoted on the website. You will find a series of documents posted on the Commission Disclosure page. Each is related to the costs applied by a particular entity that provides services. There are more than a dozen of them. Some feature annual trail commission fees of 0.10% to 1.70%, while others charge slightly different fees depending on the investment’s time period.

For example, for an investment project that lasts less than a year, the annual trail commission is 0.85%, and if the investment plan covers a period longer than 5 years, the fee is 0.70%.

Make-Believe Investment Platform

Any fraudulent companies, including this one or AstroFX, for instance, will provide some semblance of a work environment. This is to convince their marks that the scheme works and that they are earning money. In reality, any profits are completely made up, and the software solutions are non-existent.

No Software Whatsoever

Any modern company that deals with clients’ funds will have some sort of software to track the investment progress or market shifts. But not this one. All of their services, including InvestGuru mutual funds and health insurance, are handled strictly through paperwork.

The obvious reason behind this is to make the platform as opaque as possible. After all, letters are known to get lost or for the delivery to be unpredictably delayed.

Local Investment Instruments Only

The company offers only India-specific investment options in several fixed-income schemes. The investment intervals range between one and five years each, and the ROI is rather unimpressive.

Instruments themselves include various bonds, including RBI, Capital Gains, Post Office, and NCDs.

Investment Plans

Only existing clients can use their InvestGuru login to access the user dashboard. Whoever is interested in opening an account first has to request a callback from the company representatives. After an evaluation, the registration process can be completed. 

Investment plans promise higher annual returns over the longer investment period. However, the minimum investment requirements aren’t revealed:

• RBI Bond – 7.15% interest rate, duration 7 years
• Capital Gains Bond – 5% interest rate, duration 5 years
• Fixed deposit – 7.40% to 8.50% interest rate, duration 3-5 years
• Post Office RD – 5.80% for 5 years
• Post Office MIS – 6.60% for 5 years
• Post Office NSC – 6.80% for 5 years
• Senior Citizen Scheme – 7.40% for 5 years
• Post Office TD – 6.70% for 5 years

No Info on Withdrawals

How customers are paid or what payment methods are supported is not known. The website lacks information about these aspects and doesn’t have legal documents revealing any other important payment process elements.

Since we weren’t able to get into the client area, we couldn’t find out what transaction channels are supported and if there’s any particular fees included in the procedure. When a company lacks transparency regarding these issues, it is best to avoid them entirely.

Nobody Cares About Clients

There are no prompt customer support channels. This is strange especially since the majority of worldwide call centers are situated in India.. To get any help or InvestGuru free tips, you’d have to either book a callback, send an email or use a contact form.

Support With Recovery

If you were robbed by this company, please don’t hesitate to ask for proper help with chargeback. Don’t feel ashamed for being scammed – this happens each day to thousands of people. Therefore, we encourage you to contact us and share your experience.

This will help others stay informed and avoid the trap, but it will also be a way for you to find out more about taking back stolen investments. In addition, our team of chargeback specialists can support you in the legal process of fund recovery.

FAQ Section

What is InvestGuru?

It is an online investment scam which uses a pretense of regulated services to take their clients’ money. If you have been defrauded by these charlatans, contact our recovery experts.

Is InvestGuru Legit?

The presented corporate agent involvement does not make InvestGuru legit. The firm does not have any credible license or authorization for their services.

Where is InvestGuru Located?

The company operates out of New Delhi, India, according to the information found on the site.