Amongst all other Ponzi schemes out there, Questra Holdings seems different but it is still a typical Ponzi scheme that will end up racking up losses to its investors.
First is the scheme claim that its owners involve in buying and selling of shares, debentures and stocks:
“Financial holding Questra Holdings Inc runs business on buying and selling debentures, including shares of the companies conducting initial public offering of their securities on the stock exchange (IPO)”.
To make its would be investors feel at home that they are in good hands, the scheme claimed that its “Managing directors of Questra Holdings Inc evaluate and buy shares of promising companies such as Facebook, at the moment of their initial public offering on the Stock Exchange under certain and favorable conditions”.
It further gets ridiculous as Questra makes claims that its unique strategy allows it can make gains as high as 3000% “Such a strategy allows to buy shares at a very low price, before they become publicly available. And after a short time to sell those same shares much more expensive and gain the resulting profit from 10% to 3000%”.
There are many holes in this claim as there are no proofs provided for this claim. On the surface level, if this claim should be taken seriously, then Questra Holdings has to be known as a reputable hedge fund such as those run by Bill Ackerman, George Soros and even Warren Buffet himself. These are people who are known to have good knowledge in profiting from stocks because of their knowledge and reputation.
The claim becomes more spurious as there are no names to these genius ‘managing directors’ who have the unique trading skills to generate such capital gains and RoI. This is a red flag, an investment company that is not bold enough to list its executive management is likely to be a fraud and should be dealt with with caution.
An interesting section of the website was where Questra displayed a disclaimer, typical of that used by stock brokers and asset managers:
“Dislaimer: All financial products traded with leverage, maintain a high degree of risk to your capital. Make sure you fully understand these risks and win, if necessary, independent advice. Past performance is not a guide to the future. This is an informational website about Questra. We do our best to provide accurate information, but we provide no investment advice or other financial advice. All decisions made by the visitor based on the content of this website is at your own risk and responsibility of the visitor; neither questraholdings.com nor its owner can be held responsible for the results. Opinions, news, research, analyzes, prices and other information that are mentioned on this website as general market commentary, and do not contain investment advice.”
On the surface, it appears Questra Holdings is legit and it is trying to warn prospective investor. This is not the case, investors will need to introduce new investors to be able to earn the promise return on investment. The promise of 3000% on investment is a major catch.
The moment investor recruitment slows down, Questra Holdings will collapse as there are no proofs that the scheme is a registered asset manager in any country where it engage in actual trading. Old investors are paid from deposits from new investors, a major reason the scheme will end up walking away when the ‘push come to shove’.