Who Is Greenhills Ventures?
Greenhills Ventures is a private investment holding company that has its offices in New York, USA. The company was established in 2001 and its focus is to offer investment in businesses in the early stages of their development and growth; the enterprises they offer investment in are in the healthcare, meditech, mobile, wireless, and cloud technology sectors, with values of between $1 and $5 million.
The Greenhills Ventures review below seeks to explore whether this broker is legit, or is a scam company.
Is Greenhills Ventures a Licensed Broker?
Greenhills Ventures is operating in an unlicensed and unregulated capacity, which means that any funds placed with this investor are likely to be at extremely high risk, and also indicates that the enterprise could well be a scam concern.
Having proper, robust regulation in place is not only a strong indicator that the broker is legit, but a regulator also acts as an ombudsman, to ensure that the broker is acting within the law. Regulation protects investors' money, too; if a regulated entity runs into trouble or turns into a scam, investors who have lost their funds, as a result, have some recourse, and a means to seek recompense for the defrauded amount. It’s important for traders to be aware, however, that the stringency of regulations varies from country to country, meaning that what may be disallowed in one region is an acceptable practice in another, so it’s vital to check that the regulator overseeing the broker you’re considering is robust.
In answer to the question, is Greenhills Ventures a licensed broker? - the answer is a categorical, no, this broker does not have the licensing or regulation in place required for it to legally offer its financial services.
Is Greenhills Ventures a Scam or Legit?
The lack of regulation and licensing is a major warning sign that a Greenhills Ventures scam is being perpetrated, but there are other red flags, too, including the nature of the online reviews regarding this company, which are explored further below.
Greenhills Ventures was subject to a court action in 2012 in Kentucky, USA, where the company was the defendant in a fraud case, in which an act was also bought citing securities act violations.
Taken as a whole, it seems clear that Greenhills Ventures is not a reputable or trustworthy broker with which to invest funds.
Biggest Complaints Against Greenhills Ventures
The most frequent Greenhills Ventures complaints are from past investors claiming that the platform is a scam and that they were deliberately defrauded. This is reflected in a multitude of negative reviews concerning this broker that can be found online.
There are also assertions of deposits being lost to the company, messages not being answered, and problems with due diligence checks:
Concerns have also been raised about extortionate performance fees levied on investors, significantly denting the income they had been expecting.
Can I Get My Money Back From Greenhills Ventures?
If you feel you’ve lost money to a Greenhills Ventures scam then you are probably feeling angry, vulnerable, and if there is no recourse, in terms of reclaiming these funds. However, it is possible to get your Greenhills Ventures money back, and there are a couple of routes open to you. Firstly, you could pursue the matter yourself, by tracking down the perpetrators and making representation, putting forward your case, and demanding the return of your investment.
Secondly, you could choose to instruct the services of a professional chargeback company; this option has a higher likelihood of success, as the team at a chargeback company have the industry knowledge, expertise, and experience in dealing with scams needed to effectively fight your case.
What’s the Chargeback Process?
If you decide to enlist the assistance of a chargeback company, then the first step is selecting the team you wish to work with; take some time to research and read success rates and the reviews from past clients to help make the best choice.
Once you’ve made contact with a company, a member of the team will discuss your case in-depth with you, to ensure that it has a high chance of success. If this is deemed to be the case, then the process of getting your Greenhills Ventures refund will begin; this usually involves collecting all evidence and documentation relating to the scammed funds and putting a case together. Once this is done, the team will track down your scammed money, and all of the entities involved in the fraud. In the majority of cases, this will result in a Greenhills Ventures refund, which will subsequently be deposited directly into your bank account. The entire process usually takes around six months to conclude, although this will depend on the complexity of the case.
If you have fallen foul of a Greenhills Ventures scam, then your best option is to make contact with a professional chargeback company at your earliest convenience. As well as working on your behalf to reclaim your lost investment, the team will support you throughout the process, and keep you updated on progress from beginning to end.