Is Wolf Trade Club Pyramid? Check it out here!

A Wolf Trade Club é a financial pyramid condemned in Brazil, the company moved 30 million reais.

Wolf Trade said on its website that it offered financial education to its customers. However, this is what happened at Wolf Trade, they offered collective investment plansHis find out everything that happened in the company here.  

Wolf Trade Club what is it? 

Wolf Trade Club was founded in 2017 with headquarters in Curitiba, Brazil. The main activity of the company was to educate its customers financially, as stated on the website.

But there are divergences in the data presented. For, although it was a company responsible for financial education, the Wolf it also offered collective investment plans with a yield of up to 3% per day.  

How does it work?  

Wolf Trade Cand/ or promised a return of 50% per month of the invested capital. Instead other companies accused of financial pyramid, the Wolf Trade operated at B3, stock exchange in Brazil.

The operations were possibly day trade, but the company mirrored other pyramids financial like nick Forex to apply the millionaire coup in Brazil, it disguised itself as an education company. 

Wolf Trade Club pyramid consultant 

Yes to Wolf Trade Cand/ or accumulators is a pyramid financial. He applied 300 million reais in its customers. 

Wolf Trade Club CVM

The coup Wolf Trade is old, the CVM Comissão de Valores Mobiliários had warned about the irregularity of the company in 2019.

CVM said that Wolf could not offer collective investment packages, even operating in the national market B3 needed authorization to manage third party accounts. 

Wolf Trader Club Claim Here 

In 2019, the Wolf Trade stopped paying its customers alleging problems with the platform. The company was also investigated by the authorities at the same time for suspected financial pyramid. 

In 2019 the civil police stated that the coup d'état Wolf Trade reaches 300 million reais. In the same year the police ended the company's fraudulent operations.

Wolf was convicted of the financial pyramid scheme, the police issued 20 search warrants to employees linked to the company and to the headquarters of Wolf Trade club in Curitiba. 

At the president's home, members and employees were taught belongings such as luxury cars and watches. The President of Wolf he tried to escape, he was on the run for 2 days and then he turned himself in to the authorities, but he was released.  

Wolf Trade Cand/ or login 

It has been over 1 year since the site this off air. Unfortunately, investors who decided to bet on the new company that operated at B3, lost everything.

Wolf operated without authorization from the CVM, now it is an unreliable company in the claim here. Responds to various processes in jusbrasil, you consult all processes by clicking here. 

Is Wolf trade reliable? 

It is possible to see that in 2019 the last complaint on the website Reclame Aqui, said it was impossible to withdraw from the Wolf account. 

In other words, customers went through difficulties, a classic script of the financial pyramids, it happened more than once in 2019.

One of the most famous examples is the A2 Trader, another company that claimed to make investments and promised fixed income in variable income. 

People are no longer able to contact Wolf Trade Club administrators, one of the best ways to guarantee a response is to go to the authorities. 

Is it fraud? 

The company claimed to have experienced professionals in the investment business, but that is the basic requirement for any company in the sector. So this was not an authoritative argument for people to trust the Wolf Trade Club.  

Another thing that draws attention is the lack of positioning of the company when the withdrawal blocks occurred. Wolf did not assume the debt nor the responsibility of its mistake for its customers.

Most customers do not have an answer from Wolf. Many people say that they signed contracts that conferred the right to receive the invested capital in up to 3 months. Although there is authentication at the registry office and registration, the company broke all contracts.  

We are not sure what happened in the company, whether it carried out financial operations at B3 or not. After all, it was not regulated by the CVM.   

Analysts  

The company was founded in 2016 to demystify the financial market. That is, bring information about the stock exchange, financial market and the profession Trader. 

But analysts captured customer investment and promised yields of up to 3% a day. In other words, the company did not teach, it “invested” the money. Wolf handled around 30 million reais.

The president of the company Lucas Bubniak said he will pay everyone, this is one of the most recent news from Wolf Trade Club.

However, the police dismantled Wolf's scheme, so there is no way for the company to return to its activities and operate on the stock exchange to pay these customers.