Shenzhen Zhihui Youpin Technology Co. Ltd. has been flagged by Comisión para el Mercado Financiero (Financial Market Commission) for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I looked into Shenzhen Zhihui Youpin Technology Co. Ltd. and found they appear in the regulatory warnings database. Comisión para el Mercado Financiero (Financial... has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Flagged by international regulators|Due diligence required
I was about to invest with Shenzhen Zhihui Youpin Technology Co. Ltd. but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Comisión para el Mercado Financiero (Financial... has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Shenzhen Zhihui Youpin Technology Co. Ltd. is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I invested $500 with Shenzhen Zhihui Youpin Technology Co. Ltd. after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Comisión para el Mercado Financiero (Financial....
Pros: Professional looking website
Cons: Withdrawal fees demanded|Communication cut off|Not authorized