Haras Investments Scam

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Haras Investments Scam

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Haras Investments Scam

Haras Investments is operating a follow-on-fraud targeting people who invested in a binary option trading scam which operated under the name of StratXMarkets.  StratXMarkets never existed, but it successfully persuaded a lot of people that it did.  That scam was exposed in 2017, but the list of investors is still being passed around the scammers network.

The bogus Haras Investments scam has cloned the details of a genuine company.  Just to be clear, the real Haras Investments Ltd probably does not even know that a scammer is using their company name.

The real Haras Investments Ltd has been running since 1933.  It really has been running for 87 years !  You can see that here.  One thing is for certain – the company is definitely still living in 1933 because it doesn’t have a website and it never even bothered to protect itself by buying its own domain name !

Scammers have jumped in and bought the domain name of www.harasinvestments.co.uk.  The website is really, really bad, but even a bad website is capable of fooling quite a few people. Here’s a link to it but we don’t expect it to be around for long.

From this point when we say “Haras Investments” we are referring to the scam company and not the real one.

So, Haras Investments (or maybe Harass Investments might be more appropriate considering it phones its intended victims several times a day) is contacting investors telling them that it has recovered their investment and it is being “held in escrow”.  If we had a dollar for every time we heard that phrase…….

It doesn’t have any money in escrow – it’s a scam.

Here is their brochure, the text of which is repeated on their website.  The website domain name was only purchased on 30th March 2020.  Haras Investments is a scam.

Haras Investments Brochure

The brochure is so bad that we’ve fallen in love with it.  It’s been written by someone who clearly doesn’t have a clue what he is doing.  He was probably only there to top up the toilet rolls in the lavatory when one of the scammers said “Oy you…. put those toilet rolls down and write me something about investments quick”.

Here’s his detailed and comprehensive explanation of Investments for those of us who aren’t really sure what an investment is and need an expert to tell us:

INVESTMENTS

Nothing is more important than getting the right advice, at the right time especially in this complex and ever changing world. When planning investments for the future, it is important to consider the impact of inflation.

Inflation is the rise of price of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys less goods and services.

In conclusion inflation reflects a reduction in the purchasing power per unit of money. How much will the money you have today be able to buy or pay for in the future, if your savings are not growing at the same rate as the cost of living?

Brilliant !!  This man is a genius.  I just love the way he writes four short sentences about inflation and not about investments.  Then he starts the final paragraph with the words “In conclusion….”!  In conclusion !  It’s so bad that it’s great comedy.

I can’t help feeling that when this idiot was told to write about investments he typed the word ‘inflation’ into Google instead.

Here’s another piece that must have been given to the same guy.  Probably with the words “Oy you – put those toilet rolls down and write me a disclaimer quick”.  He must have been feeling fantastic after his epic piece on investments.  So much so that he really went into overkill on the disclaimer:

“Your investments are your responsibility.  We do not accept any liability for any loss or damage which is incurred from you acting or not acting as a result of reading any of our publications.  You acknowledge that you use the information we provide at your own risk.  Information, not advice or recommendations.  Our publications do not offer investment advice and nothing in them should be construed as investment advice.  Our publications provide information and education for investors who can make their own investment decisions without advice.  The information contained in our publications is not, and should not be read as, an offer or recommendation to buy or sell or a solicitation of an offer or recommendation to buy or sell any securities.  Our publications are not, and should not be seen as a recommendation to use any particular investment strategy”.

Phew….. this is the passage that could really do with an “In conclusion…..”.

Note the bold section “Information, not advice or recommendations”.  We’re surprised he didn’t write “Have you got that you thickos”.

We love the fact that Haras Investments “do not accept any liability for any loss or damage from us……not acting as a result of reading any of their publications”.  OK, so we read your publication and we did not do anything.  Therefore we did not lose any money and you do not accept any liability for us not losing any money…..Fair enough.

“Our publications do not offer investment advice”.  Well that’s not in doubt, but if anyone wants inflation advice Haras Investments is the go-to place.  Nobody can summarise inflation quite like Haras.

The Haras Investments scam is a shocker in terms of its abysmal quality.  What’s more – there’s still no toilet rolls in the lavatory.  Where the hell is that guy ?

 

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