iBuumerang Review: iBuumerang.com a MLM Scam

iBuumerang Review
  • Regulation
  • Fund Safety
  • Ideal terms
0.5

Summary

iBuumerang features testimonials of various customers claiming to have made multiple profits through MBA. Additionally, testimonials are highly welcoming to the company. Even so, you should be cautious to avoid negative remarks without any verifiable evidence.

iBuumerang is a multi-level marketing company that looks forward to generating profits when the people you invite save money. The company is run by Hulton Buggs an MLM expert who three years down the line has been promoting Organo Gold Coffee. Accordingly, he claims that since his departure from the company it has made 60% down on returns. Accordingly, MLM does not require you to actively participate in trading. Even so, you depend upon other traders making deposits for you to earn profits. The company claims to specialize in NFT tokens and the crypto market. 

iBuumerang Review, iBuumerang Company

iBuumerang claims partnership with My Bitcoin Academy. However, the MBA partnership involves founders, Jason and Slogget. Nevertheless, the two were ejected from the board after money laundering acts. The website barely presents any information about its operation. Moreover how it estimates the returns for customers is questionable and doubtful.

Nevertheless, you should consider these sensible investment firms for a tried and tested approach to the online trading world. iBuumerang does not present any relevant information regarding its founder. Also, there is no qualification to prove expertise in the market to rely on investment strategies. Moreover, the business is only beneficial to the founders and the first to sign-ups. MLM it’s not a beneficial approach to investments.

iBuumerang.com Review

iBuumerang.com was brought to the market in 2019. The investment firm provides discounts to its customers. Additionally, multi-level marketing companies provide you with unique bonus codes. When customers sign up you get a percentage of the deposit through your links. Nevertheless inviting friends and family expose them to unreliable services. Also, the people you invite into the platform may have already heard about the company.

iBuumerang is more of a boomerang that you throw and never to see returning. Additionally, the company promises customers up to 70% profit estimation. Holton Buggs the CEO of iBuumerang partners with David Manning the CEO of Xstreams.  Xstreams runs several MLM companies for travel such as  Paycation, Traverus Global, and The Vacation Network. However, the same companies do not have a positive reputation in the niche.  All went out of existence without any further warnings to customers. Hence iBuumerang is not likely to survive the market. Xstream also features partnerships with well-established travel companies such as Delta and Carnival cruise among others.

iBuumerang allows you to book flights, rooms, and more at discount prices. The company looks forward to availing of a 5-star lifestyle at 3-star prices. However, as you read further we unravel the murky behind its operation.

How iBuumerang.com Operates 

iBuumerang.com does not present any suitable style for operation. The company mainly appears to focus on multi-level marketing services. Additionally, you come across a partnership with Ellev8 as the trading partner under MBA. Immediately notice red flags when it comes to partnership with the trading broker. Accordingly, the trading world is no Child’s play.

Even so, the market faces massive volatility. As a result, there is no such thing as constant results on your hard-earned money. iBuumerang and Ellev8 present a strategy that resembles multiples come and it is. So expecting any sort of preferential treatment from the company is illogic. The broker does not reveal any data regarding its founders or team of employees.

iBuumerang.com Review, iBuumerang.com Features

Accordingly, they guarantee educational guidance to assist beginners. Nevertheless, there are no tools effective in understanding the market. Scammers often provide you with a basic explanation of trading terms. Moreover, you can easily find similar data across the internet for no extra cost. The company does not present any data on trading activities taking place. Also, it may be generating negative outcomes and it explains why similar information is missing. Nonetheless, trade history for three months or more assists to determine the outcomes to expect.

Funds Safety

iBuumerang claims to make massive profits for traders weekly. However, the trading interface is not suitable. Accordingly, the security of your money is a top factor to consider in any company. The investment firm involves multiple third parties who are unreliable. Also, mysterious people not only put your funds at risk. Personal data may fall into the wrong hands attracting criminal activities.

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Furthermore, investment firms only benefit from the mysterious people behind its operation. The company does not present any bank information to prove money is safe. iBuumerang partnership with a mysterious broker is questionable. Also, you come across several negative factors that you should not ignore. 

iBuumerang operates with multiple third parties. Additionally, the broker does not present software that is suitable for investment purposes. Additionally, it claims to have made more than 20 million in profits within the first week of sales. Even so, there is no evidence to prove the same. MLM investments expose you to malicious third-party attacks. Also, it may expose you to phishing attacks.

The company urges customers to invest $2000 to earn passive ROI returns weekly.  MBA partners with Meta agency, Ellev8 which is not reliable. Also, iBuumerang CEO does not agree to a partnership with the Broker. So while urging traders to invest funds in the platform travels the trading part involves transparency updates. 

Deposit and Withdrawal

iBuumerang does not elaborate on the minimum investment amount. Additionally, scammers encourage you to use non-refundable funding options. Even so, wire transfers and crypto transactions are irreversible. So it’s best to consider making payments by credit or debit option for chargeback claims up to 540 days.

iBuumerang is likely to cut off communications with you upon receiving your money. Also, there is no evidence to prove successful withdrawal by any of its traders. How long it takes to process withdrawal requests is unknown and questionable. Scammers result in holding your money for a long. Eventually, they end up disappearing with your funds without a trace.

Customer Support

iBuumerang location address is 11807 Westheimer road #550-427 Houston Tx 77077. Additionally, they do not present any telephone contact you can use for reaching them. Scammers result in cutting off communications upon receiving your money. 

Working customer support helps in building more trust between you and the entity. The company looks forward to providing a friendly interface that is not easily attainable without proper customer relations. Moreover, you should receive an instant reply to your query if not fast.

Customer Feedback

iBuumerang features testimonials of various customers claiming to have made multiple profits through MBA. Additionally, testimonials are highly welcoming to the company. Even so, you should be cautious to avoid negative remarks without any verifiable evidence.

Scammers feature a common investment strategy for marketing. You come across customers’ positive testimonials. Nevertheless, fraudulent entities pay professionals to write pleasing false testimonials. Additionally, you should easily verify any remarks from customers through trade data.

Final Verdict

iBuumerang trade partner Ellev8 does not appear under the radar of any legit regulator. Additionally, it is illegal to offer investment services without mandatory following regulation measures. Different countries have set up responsible organs for authorizing and regulating trading platforms. Therefore the company is only suitable for affiliate purposes. Even so, such is only beneficial to the initial traders and company owners. 

Holton Buggs has a good reputation for affiliate services. However, partnership with shady brokers for crypto academies and forex services is questionable. Additionally, thorough research and reviews from reliable sources are recommendable for investment purposes. Nevertheless, consider investing with reliable investment firms for sensible returns on your hard-earned money. Unlike iBuumerang which has a shadiness in online trading.

 

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