Has anyone invested with Agape World Inc. and received 14% returns? Can someone please validate this company?

Question

I got approached about this at a bar the other night. I am very interested and also very wary.

The thing is that I know a guy who has made tons of cash from this, how would a scam like this last so long. They've been in business since 1999, atleast according to them.

Answer 1

You are good to be VERY weary - Agape World is a scam. They promise you a high return rate (I've heard anywhere from 10 - 16%), that it unheard of, unless they know something that I don't. I checked them out and they are a small time company that supposedly creates a multi-faceted investment fund for you, and most of the time that fund happens to have "bad luck". Meanwhile they keep making money, hmmmm.

Answer 2

I have for 16 months. Great to work with so far. Completed 16 deals and was paid on all quickly. The length of the deals vary from 30 to 70 days and the returns range between 8% to 14%(straight). I know 2 other investors that have over 2 years of history with Agape. They are growing, based out of LI , I have been to the office and have a good relationship with my rep. You can not beat the returns and there track record, over 8 years.
I have more info on Agape if you want it or have any questions email me at [e-mail]
Thanks



And in response to tlbs101 about the 14% return. Agape's returns are about 14% per quarter not 14% for the year.

Answer 3

Ask the guy to get you a prospectus (a legal document required by law, to be provided to investors and potential investors). If the guy cannot, or will not give you a prospectus (or tell you where you can get one), run away as fast as you can.

If you can get a prospectus, read it. They are not that hard to understand. Look at the history of the company. The prospectus will have charts telling you how well they have done in the past (example: some aggressive Fidelity mutual funds). The will also tell you what their goals are for investment (growth, aggressive growth, income, stability, etc.). If their goals are like yours, then invest.

If you are simply impressed by that 14%, there are several other straight-forward legitimate investments that have returned at least that amount in the past couple of years. You don't need to go with Agape World necessarily (assuming they are real).

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