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CoffeeWealth — Review

This is  SCAM project already! Do not invest there anymore!

CoffeeWealth has been online for around two months. So, this review is a bit late. But, it’s worth noting right off that two months online is significant because, with a 30 day investment plan, the survivability of CoffeeWealth has been tested. It has made it through two investment cycles already (but, more about that later).

CoffeeWealth is a legally registered company in England — which appears to be the most popular location of HYIPs that we have reviewed so far. As the name of the company implies, they deal with coffee, that delicious nectar that half the world wakes up with every morning! They claim to be involved with all aspects of the coffee business: production, wholesale and retail sales, distribution, and even research.

The CoffeeWealth website indicates that the company has three plantations worldwide: in Columbia, Brazil, and the Democratic Republic of Congo. The total acreage of these plantations is 6.5 acres — which really isn’t very much (an acre is roughly 200 feet by 200 feet or 60 m by 60 m). The photos and video on the website are of much larger coffee plantations. However, CoffeeWealth indicates that one of its goals is to “enlarge the current and open new plantations.” That would seem to be a necessity if the company intends to be successful on a large scale.

CoffeeWealth offers only one easy-to-understand investment plan. Simplicity is nice. It pays 5% interest per day for a period of 30 calendar days. Your principal is included in your earnings; it is not returned at the end of the investment period. The minimum deposit is $10 and the maximum is $100,000. I guess that covers just about everyone! As an example, suppose that you invest $100. Every day you would earn 5% of this or $5. So, at the end of 30 calendar days, you would have earned a total of $150. However, since this includes your principal, your net profit would be $50 (150 – 100). Since you earn $5 per day, you would break even in 20 days (100/5), around three weeks.

CoffeeWealth accepts four payment processors: Bitcoin, Payeer, AdvCash and PerfectMoney. Deposits are instant except for Bitcoin which may take a few hours. Withdrawals are manual and are processed within 24 hours except on weekends where, due to staff limitations, it might take longer. The minimum withdrawal amount is $1 (although I always wonder why a serious investor would bother with such a small transaction).

The CoffeeWealth referral program pays you 5% of deposits made by people you refer. This is certainly acceptable but many HYIPs have more lucrative affiliate programs. You do not have to make a deposit yourself in order to be eligible to receive referral commissions.

Support is by means of email and the standard contact form. There is a phone number. But, it’s reserved for “VIP” customers. I don’t see any indication of what makes a VIP customer.

That’s about it. CoffeeWealth has a straightforward investment program that is very easy to understand. Perhaps you might want to add it to your investment portfolio. As usual, our advice is to diversify your investments and to never invest more than you can afford to lose. Good Luck!

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