Antares Financial Network
Information by Research TrustFinance
Antares Financial Network, primarily operating as Antares Trade, presented itself as a global investment company and multi-level marketing (MLM) club. It promoted various investment programs, often involving cryptocurrency, promising excessively high and guaranteed daily returns to its members. The company's model relied heavily on recruiting new investors to pay returns to earlier ones. Due to its structure and lack of authorization, numerous financial authorities worldwide have identified it as a likely Ponzi or pyramid scheme, and the platform has since ceased operations.
Italy
Industry
- FundraisingPRIMARY
- Investment
- Other Service
- Wealth Management
Financial