Energy Funds provides no information about who owns or runs the company on its website.
Energy Funds’ website domain (“energyfunds.org”) was first registered in 2008. The registration was last updated with private details in November 2019.
Through the Wayback Machine I was able to confirm that prior to November 2019, Energy Funds’ current website didn’t exist.
This means that November 2019 is when the domain’s current owners took possession of it.
Despite not existing up until nine months ago, Energy Funds claims it was “established in 2003”.
In a further attempt to appear legitimate, Energy Funds provides a fake address in Buffalo, New York on its website.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Energy Funds’ Products
Energy Funds has no retailable products or services, with affiliates only able to market Energy Funds affiliate membership itself.
Energy Funds’ Compensation Plan
Energy Funds affiliates invest fiat and bitcoin on the promise of advertised returns.
Basic – invest $1500 to $4990 and receive a 150% ROI over 10 days
Pro – invest $5000 to $99,900 and receive a 250% ROI over 10 days
Premium – invest $100,000 to $850,000 and receive a 400% ROI over 10 days
Referral commissions on invested funds are paid out down three levels of recruitment (unilevel):
level 1 (personally recruited affiliates) – 5%
level 2 – 3%
level 3 – 1%
Joining Energy Funds
Energy Funds affiliate membership is free.
Full participation in the attached income opportunity however requires a minimum $1500 investment.
Conclusion
Energy Funds claims to generate external revenue via binary options.
ENERGY FUNDS is a regulated broker with Federal Financial Markets Service (FFMS) , Commodity Futures Trading Commission (CFTC) and Cyprus Securities (CYSEC).
ENERGY FUNDS was established in 2003 trading forex and real estate initially, till expansion into Binary Options.
No evidence of Energy Funds conducting binary options trading is provided. Nor is there any evidence of Energy Funds using any other source of external revenue to pay advertised returns.
As for Energy Funds’ regulatory claims, FFMS (Russia) and CYSEC (Cyprus) are irrelevant for due-diligence. Both jurisdictions operate with little to no regulation of MLM companies.
What I can confirm is Energy Funds is not registered with the CFTC. This shouldn’t be surprising, given pretty much every claim made on Energy Funds website is bogus.
That includes this claim, taken from Energy Funds’ website terms and conditions:
ENERGY FUNDS is based in the United States and our Services are subject to U.S. law.
Energy Funds was set up in late 2019 and is run by persons unknown, from who knows where. The only verifiable source of revenue entering the company is new investment.
Using new investment to pay affiliates returns as much as 400% over ten days makes Energy Funds a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment runs dry so too will new investment.
This will starve Energy Funds of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
🤖 Quick Answer
What are the main red flags identified in the Energy Funds scheme?Energy Funds exhibits several warning indicators: lack of ownership transparency, domain registration discrepancies showing the current website appeared in November 2019 despite claims of establishment in 2003, use of a fake Buffalo address, and promises of 400% returns in ten days, which are characteristic features of Ponzi schemes.
Why is the absence of company ownership information concerning?
Legitimate investment firms typically disclose management and ownership details to establish credibility and accountability. Energy Funds' deliberate concealment of this information raises significant concerns about legitimacy and regulatory compliance, preventing potential investors from conducting proper due diligence on company leadership.
What does the domain registration timeline suggest about Energy Funds' legitimacy?
The domain was registered in 2008 but remained inactive until November 2019, when current owners took control. This contradicts the company's claim
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