Vitru Global Review – What We Found Out About This Company

What is Vitru Global?

This is what the comany is claiming:

Vitru Global are [sic] international holdings company that owns multiple businesses, especially in Financial Markets, technology & Real Estate.

It owns business centers across the globe, especially in the Middle East.

We are a team of highly qualified financial analysts, asset managers, stocks and crypto traders, reuiniting our talents to conceptualize and develop innovative and profitable solutions for 100% risk-free trading.

Is Vitru Global Legit or Scam?

Vitru Global operates in the cryptocurrency MLM niche. However, the company does not provide a corporate address on its website.

Vitru Global promotes a passive yield program, which involves offering securities to investors.

There is no evidence that Vitru Global has registered its securities offering with financial regulators, including authorities in Nigeria and South Africa.

The failure of Vitru Global to register its securities offering constitutes securities fraud. Consequently, the external earnings statements provided by Vitru Global cannot be verified for their accuracy or legitimacy. Currently, the only identifiable source of income for Vitru Global is derived from new investments made by participants.

The utilization of new investments to provide daily returns to investors is a characteristic of a Ponzi scheme. Similar to other MLM Ponzi schemes, when the recruitment of new partners diminishes, so does the influx of new investments. This depletion of new investments will eventually lead to the collapse of Vitru Global, as the return on investment becomes unsustainable. The inherent structure of Ponzi schemes guarantees that the majority of participants will incur financial losses if the scheme collapses.

Who are Frank Tornatore and Ravinder Singh?

Vitru Global states that it is led by co-founder Ravinder Singh and CEO Frank Tornatore. However, there is no verifiable information available about either executive. Based on Vitru Global’s affiliate marketing, it is suggested that Singh is from India and Germany, while Tornatore is from Spain.

On Facebook, Frank Tornatore presents himself as a “legal advisor specializing in inheritance marketing” and a “specialist in the Internet and blockchain.” Recent photos indicate his attendance at various blockchain events in recent years.

Ravinder Singh’s Facebook page prominently features a post promoting the Solmax Global Ponzi scheme. Solmax Global was a Ponzi scheme primarily targeting Pakistan and neighboring countries. It ultimately collapsed in October 2021, and while a reset was announced, it did not materialize.

Singh continued promoting cryptocurrency Ponzi schemes until the establishment of Vitru Global in late March 2023.

It appears that Finex Prime collapsed just before the launch of Vitru Global.

Vitru Global: Products

Vitru Global does not offer any products or services that can be sold to retail customers. Affiliates of Vitru Global can only promote and market the affiliate membership itself. The Vitru Global affiliate membership grants access to “Vitru Academy trading courses.”

Allegedly, affiliates of Vitru Global have the option to invest a certain amount in cryptocurrency, equivalent to U.S. dollars.

The investments are made with the promise of daily returns on weekdays, as advertised:

• Starter: Invest between $50 and $2,500 and receive daily returns ranging from 0.5% to 1%, with a maximum return of 400%.
• Advance: Invest between $2,501 and $10,000 and earn daily returns of 0.6% to 1.5%, with a maximum return of 450%.
• Business: Invest between $10,001 and $25,000 and receive daily returns of 0.8% to 1.75%, with a cap of 500%.
• Premium: Invest between $25,001 and $50,000 and earn daily returns ranging from 0.9% to 2%, with a maximum return of 550%.

It is extremely difficult to prove this yield and keep promises, given that the domain was registered 2023-03-27. This is a very short period for the company to be able to claim a return on investment.

What Should I Do If I Become a Victim of Vitru Global?

We understand the distress and concern you may be experiencing. Falling victim to scams can have significant financial consequences. Taking prompt action is crucial to prevent the fraudster from profiting at your expense and to work towards recovering your misappropriated funds. We strongly advise you to contact us immediately for effective assistance.

Our dedicated team of legal experts is ready and available to support individuals in your situation. You can reach out to us at any time, and we will leverage our resources to attentively listen to your concerns and provide expert guidance.