Zigipower.com Review 1 by BestFREE.nl

Zigipower.com Review

Updated on

0
(0)

zigipower.com Logo

Based on checking the website zigipower.com, it appears to be a platform offering various investment opportunities, primarily in solar power plants, but also extending to cryptocurrency mining, CFD trading, stocks, forex, crypto lending, and even a podcast player that allegedly pays users in crypto.

The promises of high returns, anonymity, and ease of profit withdrawal raise significant red flags.

From an ethical standpoint, particularly concerning Islamic principles, this platform presents multiple issues due to its involvement in interest-based transactions, speculative trading, and other potentially questionable financial activities.

Overall Review Summary:

  • Website Focus: Investment in solar power, crypto mining, CFD/Forex/Stock trading, crypto lending, crypto-earning podcast player.
  • Promised Returns: Guaranteed 37% yearly returns for 8 years from solar investments. “enough for a daily ale or a few.”
  • Payment & Withdrawals: Anonymous payouts in crypto available. profit withdrawal anytime. available for withdrawal the same day.
  • Claims: Backed up by government, partnership with leading energy suppliers, 100% uptime for mining equipment.
  • Red Flags: High, guaranteed returns often indicative of scams. involvement in Riba interest-based lending/borrowing, potentially in savings accounts. speculative trading CFD, Forex. cryptocurrency volatility and lack of regulation. promotion of “ale” consumption.
  • Ethical Stance Islamic Perspective: Highly problematic due to Riba, excessive speculation Gharar, and promotion of haram activities like consuming alcohol. The entire premise seems to lean towards quick, risky gains rather than sustainable, ethical investments.
  • Recommendation: Not recommended due to significant ethical concerns, high risk profile, and indicators commonly associated with fraudulent schemes.

The platform’s claims of “guaranteed 37% yearly returns” are extraordinarily high and are a classic hallmark of Ponzi schemes or other fraudulent operations.

Real investments, especially in physical infrastructure like solar plants, do not offer such guarantees and come with inherent risks.

Furthermore, the explicit mention of “enough for a daily ale or a few” directly promotes alcohol consumption, which is strictly forbidden in Islam.

The involvement in CFD, Forex, and crypto trading, as well as crypto lending/borrowing, often involves Riba interest and excessive speculation Gharar, both of which are impermissible in Islamic finance.

Best Ethical Alternatives for Sustainable & Permissible Wealth Building:

Given the significant ethical and financial risks associated with Zigipower.com, focusing on sharia-compliant, sustainable, and transparent avenues for wealth building is paramount.

The following alternatives focus on ethical investments, skills development, and legitimate businesses that align with Islamic principles.

  • Islamic Microfinance Institutions e.g., Grameen Bank – global

    • Key Features: Provides small loans to individuals, often women, for self-employment projects. focuses on empowering the poor and fostering economic self-sufficiency. often utilizes profit-sharing or Murabaha cost-plus financing models rather than interest.
    • Average Impact: Helps uplift communities and provides sustainable livelihoods.
    • Pros: Highly ethical, focuses on real economic activity, empowers individuals, aligns with social justice principles.
    • Cons: Returns are not guaranteed, may be lower than speculative investments, requires careful vetting of specific institutions.
  • Halal Equity Funds e.g., Amanah Funds – global

    • Key Features: Invests in sharia-compliant stocks, avoiding companies involved in alcohol, tobacco, gambling, conventional finance, and unethical entertainment. rigorous screening processes to ensure adherence to Islamic investment guidelines.
    • Average Price: Varies based on fund and investment amount.
    • Pros: Diversified portfolio, professional management, adheres to Islamic principles, potential for long-term growth.
    • Cons: Market volatility can affect returns, screening criteria might limit investment universe, management fees apply.
  • Ethical & Sustainable Real Estate Investment e.g., DiversyFund – US focused REIT

    • Key Features: Invests in income-generating real estate properties. often involves co-ownership or lease-to-own models. focuses on tangible assets and avoids interest-based financing.
    • Average Price: Minimum investment can vary from $500 to $5,000+.
    • Pros: Tangible assets, potential for rental income and capital appreciation, diversifies portfolio, can be structured ethically.
    • Cons: Illiquid asset, market fluctuations can affect property values, requires due diligence on specific properties/funds.
  • Mudarabah/Musharakah Partnerships e.g., Local Islamic Banks/Financial Cooperatives

    • Key Features: Profit-sharing and loss-bearing partnerships where capital is provided by one party Rabb-ul-Maal and effort by another Mudarib, or both parties contribute capital and effort Musharakah. emphasizes shared risk and reward.
    • Average Price: Varies based on the specific project or venture.
    • Pros: Purely sharia-compliant, fosters entrepreneurship, direct involvement in real economic activity, fair distribution of risk.
    • Cons: Requires high trust between partners, no guaranteed returns, higher risk due to direct business involvement.
  • Precious Metals Physical Gold & Silver e.g., JM Bullion – US

    • Key Features: Tangible assets that retain value over time. often considered a hedge against inflation and economic instability. buying and holding physical gold and silver is permissible if done with immediate possession and without Riba.
    • Average Price: Market price of gold/silver.
    • Pros: Sharia-compliant store of wealth, tangible asset, protection against currency devaluation, global liquidity.
    • Cons: Does not generate income, storage costs, price volatility, not suitable for short-term speculation.
  • Productive Agricultural Land Investment e.g., AcreTrader – US farmland investment

    • Key Features: Investing in farmland that generates income from crops or livestock. focuses on real production and food security. can be done through direct ownership or sharia-compliant land funds.
    • Average Price: Can range from hundreds of thousands for direct purchase to smaller amounts via fractional ownership platforms.
    • Pros: Tangible asset, contributes to food production, potential for steady income, generally stable investment.
    • Cons: Illiquid, subject to environmental factors weather, pests, requires agricultural knowledge or professional management.
  • Ethical Tech & Innovation Startups e.g., AngelList – Global

    • Key Features: Investing in new businesses that offer innovative solutions to real-world problems and adhere to ethical guidelines. focuses on supporting entrepreneurship and technological advancement.
    • Average Price: Varies widely, from small angel investments to larger venture capital rounds.
    • Pros: High growth potential, supports innovation, alignment with real-world value creation, can be sharia-compliant if business model is ethical.
    • Cons: High risk of failure, illiquid, requires extensive due diligence, difficult to find purely sharia-compliant startups through general platforms.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Table of Contents

Zigipower.com Review & First Look: A Deep Dive into Risky Promises

Alright, let’s break down Zigipower.com.

When you land on their homepage, you’re hit with a barrage of promises: “Passive Income from the Grid,” “Invest in upcoming solar power plants,” “guaranteed 37% yearly returns for next 8 years.” Hold on, guaranteed 37%? In the investment world, a “guarantee” of such high returns is typically a massive red flag.

It’s like someone telling you they’ve found a secret shortcut to the moon and it’s paved with gold.

Real investments have risks, and any platform promising these kinds of numbers without acknowledging significant downside potential should make your Spidey-sense tingle.

The Allure of Easy Money: What Zigipower.com Touts

The site highlights a few key areas designed to draw you in:

  • Solar Power Investments: They claim to invest in solar plants in Bulgaria, Serbia, and Montenegro, contracted by local power grids. The idea is that energy costs will only rise, making solar a lucrative long-term play. Sounds logical, but the “guaranteed 37%” obliterates any semblance of realism.
  • Crypto Mining Farms: They talk about “high-end equipment with 100% uptime” for crypto mining. Crypto mining is a volatile, energy-intensive business. Promising 100% uptime and steady returns in such a fluctuating market is ambitious, to say the least.
  • Diverse Financial Services: Beyond solar and mining, they offer CFD, Stocks & Forex trading, instant crypto buying, crypto lending/borrowing, and even a “podcast player paying you crypto.” This shotgun approach to financial services often indicates a lack of true specialization and can make oversight challenging.

The Language of Suspicion: Phrases to Watch Out For

  • “Anonymous payouts in crypto available”: While some users might prefer this, it can also be a shield for illicit activities or make it harder to trace funds if something goes wrong.
  • “Backed up by government”: This is a huge claim that almost never has tangible proof for a private investment platform. Which government? What kind of backing? Without specifics, it’s just marketing fluff.
  • “Enough for a daily ale or a few”: This explicit promotion of alcohol consumption is not only ethically problematic from an Islamic perspective but also trivializes the seriousness of financial investment by linking it to a forbidden pastime.

Zigipower.com Pros & Cons: An Imbalanced Scale

Let’s be frank: when a platform like Zigipower.com makes such extraordinary claims, the “pros” column quickly becomes overshadowed by a towering “cons” column.

It’s crucial to evaluate these with a critical eye, especially when considering the ethical implications.

Overwhelming Cons: Why Caution is Your Best Friend

  • Unrealistic “Guaranteed” Returns: This is the absolute biggest red flag. A 37% yearly return, guaranteed for 8 years, is fundamentally unsustainable in legitimate investments. If such a low-risk, high-return opportunity truly existed, major financial institutions would be scrambling for it, not advertising it on a relatively unknown website. This structure often points to a Ponzi scheme, where early investors are paid with money from newer investors, until the whole thing collapses.
  • High Risk of Capital Loss: Because the promised returns are unrealistic, the actual risk of losing your entire investment is incredibly high. There’s no free lunch in finance. high returns always come with commensurate high risk.
  • Lack of Transparency and Regulatory Oversight: Despite claims of being “backed by government” or having “partnerships with leading energy suppliers,” specific verifiable details are conspicuously absent. A reputable investment platform would clearly state its regulatory compliance, audited financials, and verifiable project details. The vague references to Bulgaria, Serbia, and Montenegro don’t provide sufficient clarity for due diligence.
  • Ethical Concerns Islamic Perspective:
    • Riba Interest: The “ZigiPower Savings Account” and “Lend & Borrow Crypto” features almost certainly involve interest, which is strictly forbidden in Islam. Any “guaranteed” return mechanism on an investment often implies a fixed interest rate, making it problematic.
    • Gharar Excessive Speculation/Uncertainty: CFD, Stocks & Forex trading, and volatile crypto investments often involve elements of excessive uncertainty and speculation that are not permissible. The “unbelievable cheap flights” and “podcast player paying you crypto” offerings further blur the lines of their core business and add to the speculative nature.
    • Promotion of Haram Activities: The explicit mention of earning “enough for a daily ale or a few” directly promotes alcohol consumption, which is Haram forbidden in Islam. This alone should be enough to deter any Muslim from engaging with such a platform.
    • Lack of Tangible Assets: While they mention solar power plants, the overall impression is one of digital speculation rather than direct investment in tangible, productive assets without the elements of Riba or Gharar.
  • Anonymity and Withdrawal Claims: While “anonymous payouts in crypto” might sound appealing, it can complicate legal recourse or tracing funds if something goes awry. The claim of “profit withdrawal anytime” and “available for withdrawal the same day” often used by scam platforms to lure investors, but withdrawals frequently become difficult or impossible once a large sum is invested.
  • Broad, Disconnected Offerings: A platform that offers solar power investments, crypto mining, Forex, stocks, CFD, crypto lending, and even a podcast player, all under one roof, often signals a lack of focus and potentially a “catch-all” approach to attract diverse victims. Legitimate financial institutions typically specialize.
  • Social Media Login: The option to register via Facebook or Gmail, while convenient, doesn’t add to the trustworthiness of a financial platform that deals with significant investments.
  • Vague Contact Information: While an address in New York is listed, it’s often a virtual office address for many online entities. A single phone number and generic email are insufficient for a platform handling substantial investments.

Non-existent Pros: A Harsh Reality Check

To be brutally honest, from a critical and ethical standpoint, there are no discernible “pros” for Zigipower.com that would outweigh the significant risks and ethical violations.

The “convenience” of online access or the “potential for high returns” are superficial attractions that mask deeper, more serious problems.

Any perceived benefit is likely part of a deceptive façade. Montemlife.com Review

Zigipower.com Alternatives: Building Wealth Ethically

Given the ethical and financial quagmire that Zigipower.com represents, let’s pivot to avenues that align with Islamic principles and offer legitimate opportunities for building wealth.

We’re talking about real assets, real businesses, and real value creation, not speculative gambles or interest-laden schemes.

Ethical Investment Principles to Live By

Before into alternatives, it’s crucial to understand the foundational principles:

  • Avoid Riba Interest: This is paramount. Any transaction involving fixed interest on borrowed money, whether you’re lending or borrowing, is forbidden.
  • Avoid Gharar Excessive Uncertainty/Speculation: Investments should be clear, transparent, and have quantifiable risks, not based on extreme speculation, gambling, or obscure outcomes.
  • Invest in Halal Businesses: Avoid companies involved in alcohol, tobacco, gambling, pornography, conventional banking/insurance, pork, or weapons manufacturing.
  • Real Economic Activity: Investments should ideally be linked to tangible assets or productive, ethical businesses that contribute to society, rather than purely financial engineering.
  • Zakat: Remember that wealth acquired through legitimate means is subject to Zakat, a purification tax that benefits the needy.

Diversifying Your Ethical Portfolio

Here are some robust alternatives that emphasize real economic activity and ethical practices:

  1. Direct Investment in Sharia-Compliant Businesses:

    • What it is: Investing directly into small businesses or startups that operate within ethical boundaries. This could be a halal food enterprise, a sustainable technology company, an educational platform, or a healthcare service.
    • How it works: You become a part-owner, sharing in the profits and losses based on mutual agreement Mudarabah or Musharakah contracts are ideal here.
    • Pros: Direct impact, supports the real economy, potential for significant returns if the business thrives, aligns perfectly with risk-sharing principles.
    • Cons: Higher risk, illiquid hard to sell your share quickly, requires significant due diligence on the business and its management.
    • Actionable Step: Look for local community investment groups or platforms specializing in ethical/impact investing. Halal Co-op e.g., Guidance Residential for home financing offers a model for ethical property ownership.
  2. Halal Stock Market Investing:

    • What it is: Investing in publicly traded companies that meet strict Sharia screening criteria. These criteria exclude companies involved in forbidden industries and those with excessive debt or interest-based income.
    • How it works: You buy shares of these companies through a brokerage account. Your returns come from capital appreciation when the stock price goes up and dividends share of company profits.
    • Pros: Liquid easy to buy/sell, diversified across industries, potential for long-term growth, relatively transparent.
    • Cons: Requires research into company screening, market volatility, can be complex for beginners.
    • Actionable Step: Utilize dedicated Islamic index funds or ETFs that screen for compliance. Examples include the Dow Jones Islamic Market Index or individual halal-certified stocks.
  3. Sukuk Islamic Bonds:

    • What it is: Asset-backed certificates that represent ownership in a tangible asset or a proportionate share in a commercial enterprise. Unlike conventional bonds, Sukuk do not pay interest. instead, they provide returns based on profit-sharing from the underlying asset or activity.
    • How it works: You purchase a Sukuk certificate, which might represent ownership in a building, a project, or a portfolio of assets. You then receive a share of the income generated by these assets.
    • Pros: More stable than stocks, asset-backed security, sharia-compliant alternative to conventional bonds, appeals to risk-averse investors.
    • Cons: Limited availability compared to conventional bonds, less liquid, returns are not fixed though they can be predictable.
    • Actionable Step: Consult with Islamic banks or financial advisors who deal in Sukuk offerings.
  4. Real Estate Investment Direct or Through Ethical REITs:

    • What it is: Purchasing physical properties residential, commercial, agricultural land for rental income or capital appreciation, structured without interest-based mortgages. Ethical REITs Real Estate Investment Trusts could be an option if they are sharia-compliant, meaning their underlying assets and financing structures are free from Riba.
    • How it works: Direct ownership involves managing property yourself or hiring a manager. Ethical REITs allow you to invest in a portfolio of income-producing real estate without direct management.
    • Pros: Tangible asset, potential for steady income, hedge against inflation, can be structured as sharia-compliant partnerships.
    • Cons: Illiquid, high upfront capital for direct ownership, requires market knowledge.
    • Actionable Step: Explore ethical real estate crowdfunding platforms ensure their financing is truly interest-free or work with Islamic financial institutions for property acquisition.
  5. Commodities Physical Gold, Silver, and Agricultural Products:

    • What it is: Investing in physical commodities like gold, silver, or essential agricultural goods. This is different from speculative futures trading. it involves actual ownership of the physical asset.
    • How it works: You purchase and store the physical commodity. Your return comes from the appreciation of its market value.
    • Pros: Tangible assets, store of value, hedge against inflation, permissible if acquired with immediate possession and without speculative intent.
    • Cons: Does not generate income unless you lease it out, storage costs, price volatility, not ideal for short-term gains.
    • Actionable Step: Buy physical gold or silver from reputable dealers like JM Bullion or SD Bullion.
  6. Ethical Entrepreneurship & Business Development: Bymilo.com Review

    • What it is: Starting or investing in your own small business that provides a valuable, permissible product or service. This is the most direct form of real economic activity.
    • How it works: Develop a business idea, create a plan, secure funding ethically, avoiding Riba-based loans, and run the operation.
    • Pros: Complete control, direct impact, aligns perfectly with Islamic emphasis on honest trade and hard work, potentially unlimited income.
    • Cons: High risk, requires significant effort, time, and capital, no guaranteed income.
    • Actionable Step: Identify a market need, develop a skill, and start a small, ethical business. Consider platforms like Shopify for e-commerce, or offer services through Upwork or Fiverr if you have marketable skills.
  7. Zakat-Compliant Savings and Charitable Giving:

    • What it is: While not an “investment” in the traditional sense, managing your savings in a Zakat-compliant way and regularly fulfilling your Zakat obligations purifies wealth and brings immense barakah blessings.
    • How it works: Save your money in non-interest-bearing accounts. Calculate and pay Zakat annually on eligible assets. Engage in Sadaqah voluntary charity regularly.
    • Pros: Spiritual fulfillment, purification of wealth, contributes to social welfare, long-term blessings.
    • Cons: Does not generate financial returns.
    • Actionable Step: Use Islamic financial institutions for savings accounts. Utilize platforms like LaunchGood for ethical charitable giving and Muslim Aid USA for impactful humanitarian efforts.

How to Avoid Online Investment Scams: A Prudent Investor’s Guide

Alright, let’s talk about how to stay safe in the wild west of online investments.

Because honestly, the internet is full of folks trying to pull a fast one, and platforms like Zigipower.com are a classic example of what to steer clear of. You’ve got to be your own best defense.

Red Flags: What to Watch Out For

  • Guaranteed High Returns: This is the golden rule. No legitimate investment can guarantee extremely high returns, especially not with low risk. If it sounds too good to be true, it almost certainly is. Real returns fluctuate.
  • Pressure Tactics: Being pushed to invest quickly, or told that an “exclusive” opportunity will disappear soon. Scammers want you to act emotionally, not rationally.
  • Lack of Transparency: Vague business models, no clear information about how profits are generated, hidden fees, or a lack of verifiable physical addresses and regulatory licenses.
  • Unusual Payment Methods: Requests for payments via cryptocurrency, wire transfers, or gift cards are massive red flags. Legitimate investment firms use bank transfers that are traceable and regulated.
  • Complex or Confusing Explanations: If you can’t understand how the investment works after a reasonable explanation, walk away. Scammers often use jargon to obscure their true intentions.
  • Promises of “Risk-Free” or “Low-Risk” High Yields: This is a contradiction in terms. Higher returns always mean higher risk. Period.
  • No Genuine Product or Service: For many scams, there isn’t a real underlying business. The “profits” are just money from new investors.
  • Unsolicited Contact: Be wary of emails, calls, or social media messages from unknown sources pushing investment opportunities.
  • Fake Testimonials and Reviews: Scammers often create fake reviews or use stolen identities to give the impression of legitimacy.
  • Typos and Poor Grammar: While not always a scam indicator on its own, frequent errors can suggest a lack of professionalism or that the platform wasn’t developed by a credible team.

Due Diligence: Your Investigation Checklist

  1. Verify Regulatory Status:
    • Check if the company is registered with the appropriate financial regulatory bodies in their stated jurisdiction e.g., SEC in the US, FCA in the UK. A simple search on their regulator’s website can reveal if they’re licensed.
    • Always be skeptical of claims like “backed by government” without verifiable links to official government registries.
  2. Research the Company and Its Principals:
    • Who runs the company? Do they have a credible financial background? Search for their names online.
    • Look for news articles, independent reviews, and watchdog reports. Be wary if you only find promotional content or generic reviews.
    • Check online forums and consumer protection sites for complaints or warnings.
  3. Understand the Investment Model:
    • How exactly do they generate profit? Can you clearly articulate the business model to someone else?
    • Is it based on tangible assets, real production, or just financial maneuvering?
    • What are the actual risks involved, and are they clearly disclosed?
  4. Scrutinize the Website and Documentation:
    • Does the website look professional? Are there broken links or strange redirects?
    • Read all terms and conditions, privacy policies, and disclaimers carefully. Are they comprehensive and clear?
    • A legitimate platform will have well-written legal documents, not just a few vague paragraphs.
  5. Test Customer Support If You Dare:
    • Reach out to their customer support with specific questions. Are they responsive? Do they provide clear, coherent answers, or do they evade questions?
    • Be cautious if they pressure you during interactions.
  6. Start Small If You Must Test:
    • If you’re absolutely compelled to try a new platform, start with the absolute minimum possible investment. Treat it as money you’re willing to lose.
    • Try to withdraw a small amount early on to test their withdrawal process. Many scams allow small withdrawals initially to build confidence before denying larger ones.
  7. Consult with Professionals:
    • If you’re considering a significant investment, speak to an independent financial advisor who is not affiliated with the platform.
    • For Islamic finance, consult with a qualified scholar or an expert in sharia-compliant investments.

Zigipower.com Pricing: Understanding the Bait

When it comes to platforms like Zigipower.com, talking about “pricing” isn’t like discussing the cost of a legitimate product.

Instead, it’s about the investment tiers and the enticing “bonuses” used to draw you in.

They’re not selling a service in the traditional sense. they’re soliciting deposits.

The Investment Tiers: A Ladder to Nowhere Good

The homepage mentions “Flexible Investment Abilities” and different “packages”:

  • Basic Package: Described for “short term investments paying you enough to buy ale to a few per day.” This is the classic low entry point to hook new users, promising immediate albeit small returns. The mention of “ale” again highlights their casual approach to ethically problematic content.
  • Standard and Professional Investment Packages: These are for “country dedicated long term investments.” The implication is that larger investments yield more significant, “long-term” profit, likely through access to higher tiers of their supposed solar or crypto mining projects.

The “Bonuses”: Sweeteners for the Unwary

  • “$10 upon your signup”: This is a common tactic, a small, immediate reward to get you to create an account and feel like you’ve already gained something. It’s minimal enough to be easily absorbed by the platform but psychologically effective.
  • “$10 more for a friend”: This is a referral bonus, designed to turn existing users into unpaid marketers. It incentivizes you to bring more people and their money into the system, which is crucial for Ponzi schemes to sustain themselves.

The Real Cost: Your Investment, Possibly Gone

The “pricing” isn’t a fixed fee. it’s the capital you commit.

The true cost of engaging with a platform like Zigipower.com is the very real risk of losing your entire investment.

The “guaranteed 37% yearly returns” are a smokescreen. Getqpay.com Review

When a scam collapses, all your invested capital, including any “bonuses,” disappears.

There are no refunds, no recourse, and no real assets to liquidate.

How to Cancel Zigipower.com Subscription/Account: A Foreboding Challenge

If you’ve unfortunately found yourself involved with a platform like Zigipower.com and realize it’s not what it claims to be, your immediate thought will be to get your money out and sever ties.

However, “canceling a subscription” or “account” with such entities isn’t like unsubscribing from Netflix.

It’s often a far more challenging, if not impossible, endeavor.

The Reality of Withdrawal Challenges

For platforms that exhibit signs of being scams, the withdrawal process often becomes the first major hurdle for users.

  • Initial Small Withdrawals May Work: Many fraudulent platforms allow users to make small withdrawals early on. This builds trust and encourages users to invest more. It creates a false sense of security.
  • Obstacles for Larger Withdrawals: Once a significant amount is invested, or when you attempt to withdraw a substantial portion of your “profits” especially the promised high returns, the challenges begin.
    • Technical “Glitches”: You might encounter error messages, “system upgrades,” or inexplicable delays.
    • Additional Fees: You could be informed that you need to pay a “tax,” “service fee,” or “withdrawal fee” before your funds can be released. This is often a ploy to extract more money from you.
    • Account Freezes: Your account might be temporarily or permanently frozen due to “suspicious activity” or “verification issues.”
    • Unresponsive Support: Customer support, which might have been responsive during the sign-up phase, often goes silent or provides generic, unhelpful responses when withdrawal issues arise.
    • Identity Verification Demands: You might be asked for increasingly sensitive personal information, which can then be used for identity theft.

Steps You Might Attempt with Low Expectations

  1. Attempt Direct Withdrawal Through the Platform:
    • Log into your Zigipower.com account.
    • Navigate to the “Withdrawal” or “Payout” section.
    • Follow the on-screen instructions to request a withdrawal of your funds.
    • Document everything: Take screenshots of your withdrawal requests, error messages, and any communications with support. Note down dates and times.
  2. Contact Their Customer Support:
    • Use the provided email address [email protected] and phone number +1 878 999-9177.
    • Clearly state your intent to withdraw all funds and close your account.
    • Keep communications professional but firm.
    • Be wary of phone calls where they try to convince you to keep funds or invest more.
  3. Cease Further Investment:
    • Crucially, do not invest another penny into the platform. Do not pay any “fees” they demand for withdrawals. This is often part of the scam.
  4. Change Associated Passwords:
    • If you linked your Google or Facebook account, ensure you revoke Zigipower.com’s access.
    • Change any passwords that you might have used for Zigipower.com if you’ve reused them on other sites.
  5. Report the Scam if applicable:
    • If you believe you have been scammed, report it to the relevant authorities. This includes:
      • Local Law Enforcement: File a police report.
      • FBI Internet Crime Complaint Center IC3 in the US: https://www.ic3.gov/
      • Federal Trade Commission FTC: https://reportfraud.ftc.gov/
      • Your Bank/Card Provider: If you used a credit card or bank transfer, immediately contact your bank to report fraudulent activity and inquire about chargeback options, though these are difficult with wire transfers or crypto.
      • Financial Regulatory Authorities: Inform the SEC if in the US or relevant financial watchdogs in your country about the suspicious activity.

The Unfortunate Reality

For platforms like Zigipower.com, the intent is often to take your money without providing any legitimate returns or allowing withdrawals.

Therefore, “canceling” often means simply stopping your involvement and accepting that your initial investment may be unrecoverable.

The best strategy is to avoid such platforms entirely in the first place, focusing instead on ethical, transparent, and regulated investment avenues.

FAQ

What is Zigipower.com?

Zigipower.com is an online platform that claims to offer various investment opportunities, primarily in solar power plants, but also in cryptocurrency mining, CFD, stocks, Forex trading, crypto lending, and even a crypto-paying podcast player, promising exceptionally high, guaranteed returns. Gyvmebody.net Review

Is Zigipower.com a legitimate investment platform?

Based on the highly unrealistic “guaranteed 37% yearly returns,” lack of detailed verifiable information, and the broad, disconnected nature of its offerings, Zigipower.com exhibits significant red flags commonly associated with investment scams.

Therefore, it is highly unlikely to be a legitimate investment platform.

What are the main red flags of Zigipower.com?

The main red flags include guaranteed high returns 37% annually, vague claims of government backing without proof, explicit promotion of alcohol consumption, involvement in highly speculative and often interest-based financial instruments CFD, Forex, crypto lending, and a general lack of transparency regarding its operations and regulatory status.

Are the promised 37% yearly returns realistic for solar investments?

No, a guaranteed 37% yearly return for 8 years from solar investments is highly unrealistic and unsustainable.

Legitimate investments, especially in physical infrastructure like solar plants, do not offer such guarantees and come with inherent market and operational risks.

Does Zigipower.com promote alcohol consumption?

Yes, the website explicitly mentions earning “enough for a daily ale or a few” from its investments, which directly promotes alcohol consumption.

Is investing with Zigipower.com ethically permissible in Islam?

No, investing with Zigipower.com is not ethically permissible in Islam.

The platform promotes Riba interest-based transactions through savings accounts and crypto lending, Gharar excessive speculation in CFD, Forex, and volatile crypto, and promotes Haram forbidden activities like alcohol consumption.

What is Riba, and how does it relate to Zigipower.com?

Riba is interest, which is strictly forbidden in Islam.

Zigipower.com’s “ZigiPower Savings Account” and “Lend & Borrow Crypto” features, along with the promise of “guaranteed returns,” strongly suggest an interest-based mechanism, making it impermissible. Autowebsurf.com Review

What is Gharar, and why is it an issue with Zigipower.com?

Gharar refers to excessive uncertainty or speculation in contracts, which is forbidden in Islam.

The high volatility and speculative nature of cryptocurrency trading, CFD, and Forex, as offered by Zigipower.com, involve significant Gharar, making them problematic.

Can I really earn crypto by listening to podcast on Zigipower.com?

The claim of earning crypto by listening to podcast through a “podcast player” is highly unusual and often associated with click-bait or deceptive practices designed to lure users into a broader, risky scheme. Its legitimacy is highly questionable.

How transparent is Zigipower.com about its operations?

Zigipower.com lacks transparency.

While it provides a New York address and a contact email/phone, it does not offer verifiable details about its “government backing,” specific project locations with audited results, or clear regulatory compliance, which are standard for legitimate investment platforms.

What kind of “investment bonuses” does Zigipower.com offer?

Zigipower.com offers a $10 signup bonus and an additional $10 for referring a friend.

These small incentives are common tactics used by fraudulent platforms to attract new users and encourage a referral network.

How does Zigipower.com claim to back up its investments?

The website vaguely claims to be “backed up by government” and to have “partnership with a leading energy suppliers.” However, no specific details, names of governmental bodies, or verifiable partnership agreements are provided.

What are the risks of investing in Zigipower.com?

The primary risk is the complete loss of your invested capital.

Additionally, there’s a risk of identity theft if they request sensitive personal information, and the risk of being drawn into further fraudulent activities or paying unrecoverable “fees.” Missjacobslittlelearners.com Review

Can I withdraw my profits anytime from Zigipower.com?

While the website claims “Profit withdrawal anytime” and “Available for withdrawal the same day,” in practice, platforms exhibiting these red flags often make it extremely difficult or impossible to withdraw larger sums once invested.

What should I do if I have invested in Zigipower.com?

If you have invested, immediately cease all further investments. Document all transactions and communications.

Attempt to withdraw any funds you can, but be prepared for potential difficulties.

Report the platform to financial regulatory bodies and law enforcement agencies.

What are ethical alternatives to Zigipower.com for wealth building?

Ethical alternatives include investing in Halal equity funds, Sukuk Islamic bonds, direct investment in Sharia-compliant businesses e.g., sustainable tech, halal food, ethical real estate without interest-based mortgages, physical precious metals gold, silver, and engaging in ethical entrepreneurship.

Where can I find Halal investment opportunities?

You can find Halal investment opportunities through specialized Islamic financial institutions, certified Halal equity funds, Islamic microfinance organizations, and by seeking advice from qualified Islamic finance scholars or advisors.

Why are CFDs, Stocks, and Forex problematic from an Islamic perspective?

While stock investment can be permissible if companies are sharia-compliant, CFD Contracts for Difference and Forex trading often involve excessive speculation Gharar, short selling, and leverage that can lead to interest-based charges, making them highly problematic or impermissible in Islam.

Is cryptocurrency mining ethical in Islam?

Should I trust a platform that promises “passive income” with little effort?

Be extremely wary of any platform promising significant “passive income” with minimal effort and guaranteed high returns.

Legitimate passive income streams typically require initial capital, effort, or skill, and come with realistic risks and returns, not guarantees.



Osrenterprises.com Review

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Posts

Social Media