Alcides D.

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1 Review by Alcides


My friends, family and I have been scammed by NOVUM VIP owned by Melbe Zepeda CEO, Paz Sanchez Majano and among others. Novum VIP has been operating business from its headquarter in Belleflower, California.

We allege that Novum VIP owned by Mr. Melbe Zepeda, Mr. Paz Sanchez Majano among others are being operating the company as a pyramid scheme because its commission structure is based on the continual recruitment of new investors, but not necessarily from the profits earned on different trading Platforms as they claim.

As soon as the amount of new investor dropped, the owners run away with the money invested. This is another Multi-nivel Marketing company without scrupulous specially in times of crisis, in times of Corona Virus. The site shut down since there is no longer enough money to pay investors/members. The system was not sustainable because it shot down abruptly leaving our money trapped in the hands of these individuals who set it up initially.

Investors purchased "Investment Positions" commonly known as "Packages" based upon future profits ranging from 1.4% to 2.8% daily (Monday thru Friday) not just from Forex trading Platforms but other Platforms executed by company's traders.

It has been more than Six months we have not received profits on our investment. After many attempts to communicate with them via phone, mail, and postal service we have not been able to communicate with anyone at NOVUM VIP. We have been demanding just our initial investment made to NOVUM VIP but they are leaving us with no further choice but to officially report NOVUM VIP and its Owners to the Federal Trade Commission, SEC, and State Attorney of California.

In other words, we feel that many of us have been totally deceived by these unscrupulous scammers and we will do everything possible to stop NOVUM VIP and its owners scamming others.


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Alcides D.'s review of earned 4 Very Helpful votes

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“Thank you, I have also been scammed by Novum.”

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