Broker Review

Unauthorised Firm Details

Name: Cashmoneyassets.net
Website: cashmoneyassets.net

What is cashmoneyassets.net claimed to be

cashmoneyassets.net markets itself as a financial/investment platform. It claims to offer services such as:

• Investments in cryptocurrency

• Real‑estate investment

• Possibly NFTs and other high‑yield investment plans

• Daily profit returns

• Referral/bonus schemes for bringing in new users

These are typical features many sites with high investment promises use to attract investors.

What have independent sources found

Various watchdogs, regulator alerts, and user reports raise serious concerns. Here are key findings:

1. Low trust score / Scam‑warning from Scamadviser

   • The site is rated as having a very low trust score.

   • Some features flagged include: young domain age, shared server hosting, risk of being a HYIP (High Yield Investment Program), cryptic or minimal information about how returns are generated.

2. Regulatory warning from FCA (UK)

   • The UK Financial Conduct Authority has published a warning about “CASHMONEYASSETS”. It may be providing/promoting financial services without FCA authorisation.

   • Because it’s not authorised, consumers in the UK have no protections like Financial Ombudsman Service or compensation via FSCS.

3. Broker/trading platform safety evaluations

   • BrokerChooser’s safety page notes that cashmoneyassets is not considered a trusted service provider based on regulatory information. It is not regulated by a top-tier authority, which increases risk.

4. User reports of losses

   • There are accounts (for example, a Medium article) from individuals claiming to have lost large sums of money (like $4,000) after investing via cashmoneyassets, alleging the platform swindled them.

5. Other warning signs

   • Unrealistic return claims (promising daily returns of several percent).

   • Vague or unavailable clear explanations of how the investment returns are generated.

   • Referral bonus schemes which tend to be associated with pyramid or Ponzi‑type dynamics (pay earlier users from money of newer users).

Why many consider it risky or possibly a scam

Putting it all together, here are the main reasons why cashmoneyassets.net is strongly flagged as high risk:

• No proper regulation: It’s not registered/authorised by credible financial authorities in many jurisdictions, or at least registered claims are either false or unverifiable.

• High promised returns: Offers that sound “too good to be true” often are. Daily profit promises are classic red flags.

• Lack of transparency: Not enough verifiable data about the company, the strategy, the people behind it, or how funds are used.

• User complaints: Reports of people losing money, being unable to withdraw, etc.

• Regulator warnings: Especially the FCA warning in the UK is serious: it typically means authorities have seen troubling activity or at least have no evidence the operation is legal under their rules.

Verdict

Based on the available evidence, the weight of warnings and red flags suggest that cashmoneyassets.net is very risky and possibly a scam or HYIP. There is no strong credible evidence confirming legitimacy, and multiple regulatory bodies warn against it.