Do you Know about Euro National Funds ?

Question

Hi to all , Please any one know any things about Euro National Funds Company , via it when you give 1000 Euro , after one year this 1000 euro become 4200 Euro , it is in France , so please anyone know anything about it ?

Answer 1

Euro National Funds is an off-shore investment company (that means, it does not conduct substantial business in its country of incorporation).

Any company that promises to turn your 1,000 Euro into 4,200 in a year (that is, promises 320% annual return) is most likely scamming you. Another warning sign is how the company attempts to dodge questions about the riskiness of their investment strategy:

"Question: Is there any risk involved with investment funds?

Company's answer: Characteristic of an investment fund is effective in spreading risk when the investors money is invested into various securities. Funds authorized by financial authorities follow strict diversification guidelines, which normally restrict investments in any ones security."

Note that this answer does not address the question whether there is "any risk involved" - it only suggests that funds are required to diversify.

I would strongly recommend to stay away from investing with Euro National Funds.