**Prometheus Investment Management (clone) Review: A Closer Look at the Scam Report**
**What is Prometheus Investment Management?**
Prometheus Investment Management is a firm that appears to be a clone of a UK-based financial services company, authorized by the Financial Conduct Authority (FCA). However, our extensive research suggests that this entity is a scam, and we are here to expose the red flags and reasons why investors should steer clear.
**Why is Prometheus Investment Management a Scam?**
**Lack of Transparency**: The first and most significant issue with Prometheus Investment Management is their complete lack of transparency. There is no publicly available information about the firm, including their registration number, contact details, or physical address. This lack of transparency is a clear indication of a scam.
**Red Flag 1: Unregistered or Inactive FCA Authorization**
Despite claiming to be authorized by the FCA, a thorough search of the FCA Register did not turn up any information about Prometheus Investment Management. This lack of registration is a significant issue, as it means the firm is not subject to the same regulatory requirements as other FCA-authorized entities.
**Red Flag 2: Unrealistic Investment Promises**
The promotional materials for Prometheus Investment Management are riddled with unrealistic investment promises. They claim to offer high returns, often in excess of 10% per month. These kinds of promises are a classic tactic used by scammers to lure in unsuspecting investors. In reality, such returns are unsustainable and are often a sign of a Ponzi scheme or other fraudulent activity.
**Red Flag 3: Unsolicitation of Investment**
Despite the lack of transparency and unrealistic investment promises, Prometheus Investment Management is actively soliciting investments from unsuspecting individuals. This is a clear indication that the firm is engaged in outright fraud.
**What Can You Do If You’ve Already Invested?**
If you have already invested with Prometheus Investment Management, there are steps you can take to protect yourself:
1. **Contact Your Bank**: Reach out to your bank and report the transaction. They may be able to help you recover your funds.
2. **File a Complaint with the FCA**: While Prometheus Investment Management is not officially registered with the FCA, you can report your experience to the regulator. The FCA may be able to provide guidance or support in recovering your losses.
3. **Seek Professional Advice**: Consult with a lawyer or financial advisor to explore your legal and financial options.
**Conclusion**
