Is JJ Invest a scam? Be sure to read before investing

A JJ Invest is one of the biggest financial frauds in Brazil, justice claims that the JJ stole R $ 170 million reais from his customers.

Check out everything about the company here and how the millionaire scheme that attracted even the former player Zico and other celebrities. 

What is it? 

The owner of JJ Invest was Jonas jaimovick, the company recruited investors who deposited money in the own company account. 

Some people report that they have not signed a contract and have no legal backing on these deposits in JJ Invest account. The company was negotiating investment plans via WhatsApp most of the time. 

The profitability of JJ Invest's plans was monthly. The company stipulated a 10% to 15% monthly income. This percentage was above Brazil's basic interest rate, normal earnings were 2% per year, so JJ had an attractive investment plan. 

JJ Invest how it works? 

Jonas Jaimovich o President of JJ Invest said he had more than 10 years in the financial market and promised gains of up to 15% per month to his clients.

Most contracts were informal through WhatsApp. Even with this informality, the entrepreneur managed to move more than R $ 170 million reais.

Jaimovick attracted 3 customers, inclusive celebrities in Brazil. The number of clients is small when compared to other financial pyramids, but the amount invested by these clients was high. 

JJ Iinvest and Vasco 

JJ Invest sponsored Vasco and another ten soccer teams in Brazil. Including Zico and Júnior, former soccer players were mistakes.

A JJ invest he deceived celebrities, after all he managed to attract authority figures in the midst of football and link his name to famous teams. The company had a certain "authority".

The contract with Vasco was R $ 1 million, even rival Flamengo received gifts from the president of JJ.

Flamengo players received gold rings, the president focused on bringing soccer players to his company and those present showed an image trustworthy for players.

JJ Investimentos fraud 

Yes it is a fraud, the company has been accused of violating 3 articles: 

• False statement 
• Take ownership of goods 
• Operate on the market without proper authorization 

The president faces up to 22 years in prison if convicted. Everything indicates that Jaimovick took advantage of people who did not understand about the financial market and appropriated the money invested in his company.

JJ Iinvest é trustworthy? 

JJ invest not trustworthy, financial fraud was discovered by the authorities, more than 3 people were injured by JJ. There were even investors who trusted over R $ 1 million for Jaimovich. 

In addition, the company was not authorized by the GVC, it engaged its investors, because the profits from the operations did not really happen.

A mathematics from JJ Invest it's simple, it was a business structured like a pyramid. So that the entry of new investors paid the old investors.

Therefore, the more customers the company recruited, the more it would have to play whoever was at the top. However, whoever entered by last he was unable to recover his investment or receive payments.  

JJ Iinvest blight 

The president jaimovick recruited celebrities, famous in area of football and people from the south of Rio de Janeiro.

Some sources reveal that jaimovick held meetings in steakhouses em areas nobles of Rio

But, there are lawsuits against the company in São Paulo, Ceará, Recife and Maranhão. All of these processes take place in the civil sphere and request reimbursement of the investment. 

Complain Here JJ Iinvest 

In the complaint here is possible see the report of victims of JJ. One of them guarantees to have lost 40 thousand reais. The most recent complaint was 9 months ago and this client says he has not received his investment and returns. 

Case JJ Iinvest 

The JJ case, despite recruiting 3 clients, recruited upper-class clients and celebrities. The company said it made financial investments in B3, the Stock Exchange.

The promise of quick and easy earnings was attractive, technically investors could receive the balance after 3 business days of application. They only needed to request the withdrawal for the company.

However, the company charged a performance fee to withdraw the profit of 10% per month. What set JJ apart from the other companies accused of financial pyramid in 2019 were contracts with football teams in Brazil. 

JJ sponsored Vasco, Volta Redonda, América and other small soccer teams. There are reports that the company sponsored even the samba school of Salgueiro and Zico's football school in Rio de Janeiro.

The president of JJ claimed to have 10 years of experience in the financial market. But he was not an authorized manager to carry out financial transactions, the CVM issued a statement informing.

CVM notified the company 

CVM notified JJ Invest about the irregularity and the company's financial credentials. They operated on behalf of third parties on the stock exchange without credentials.

When the CVM revealed this, investors began to discover the company's situation. JJ was also investigated by a financial pyramid by the Public Ministry and the Federal Police.

When news of the investigations was released in 2019, it became a real snowball. Customers despaired and made several withdrawal requests to JJ Invest. 

As the operations were carried out by WhatsApp, some investors personally went to the JJ office in Rio de Janeiro to try to recover the invested capital. 

JJ INVEST Hoje 

The company closed in 2019, but in November 2020 the police arrested the president of the JJ Invest, who was on the run after payments stopped in 2019.

On February 18, many customers went to the Jacarezinho police station to denounce the company. There are no more ways to contact JJ Invest through website, phone or Whatsapp. 

Jonas jaimovick is accused of managing one of the biggest schemes of pyramid of Brazil, was 170 million reais that passed through his hands. 

Final considerations

Be careful with companies like JJ invest, nowadays is easy pass authority over the internet or the media.

There are ways for this to happen, for example: it is possible to manufacture information and disseminate it. Always be wary of the promise of easy, fixed earnings in equity. Finally, ask for the company's credentials before investing.