F2S Fund Review – Why Should You Join, Really?

I've said this many times before and I'll say it again; if a business homepage doesn't instantly tell you what kind of service it provides, you should be alerted. If you can't tell - roughly at least - what you're paying your money for, the service is not meant for you. You shouldn't have to click here & there to find that out. Put differently, if a business doesn't explain what it is in the first few sentences, it's either the business is a failure or trying to be deceptive. 

That's the exact impression that I got from the F2S Fund site - I've been invited to join in this "hugely successful fundraising community", but on looking at the website, I couldn't make heads or tails of it. What does the community do? Where's the measurement of the "success" it claims? And most of all, how exactly is your investment going to be used?

My F2S Fund review will take a look at this site closely and see if this is a real "wealth management" scheme or just another dubious Ponzi scheme.

What Is F2S Fund?

The F2S Fund (or referred to as "F2S Funds" on some pages) claims to be a philanthropy program, "to build a sustainable future for the world population." ...To promote birth control? No, it doesn't seem to be what it is. According to the Whois information, the domain "f2sfund.com" was first registered in July 2020, and it claims to sell some products/services in the future, but it has yet to reveal what they are.

The "About Us" page is... I'm afraid to say, absolute bonkers. It consists of long sentences with big words but tells very little. To summarize that particular page;

• The group was founded by some entrepreneurs in the UK and Germany.
• It's a network marketing program ("people a supportive role in accomplishing financial prosperity and social establishment through social bonds.")
• It creates a "special fund" for the community using IT.
• The board of directors is highly experienced in helping others by using IT.
• It's good for you because there are too many bad people all over the world ("many imperfections in the lives of different people scattered around the world.")
• The funds will help businesses, scholarships, charities, and medical support... Basically, anything.

It's 2021, we all know that "information technology" is an outdated term. But I couldn't find anywhere on the site that explains what kind of innovative system software it uses or what kind of "IT" field the directors came from.

What I think is most alarming is, although it claims to be a "philanthropy program" and lists up different businesses, it never explains how the collected funds have been used and who exactly has been benefitted from the program. The indeed site does say that you can make money from it, and you'll receive a bonus for referring others. But how your contributions will be managed is unclear; I'll come to this in a little while.

The Membership and its Fees

It will cost you a one-time fee of $150 (account activation fee of $30 + contribution to the community of $120). But how your payment will be used is unclear, and the fact that it only takes a one-time fixed charge sounds very strange to me. "Charity groups", "non-profitable organizations" and "medical support" are mentioned on the site, which means at least a part of your money should be used for a good cause. Then you should be able to regularly contribute more money if you wanted to. A one-time fee sounds more easily accessible by a wider range of people but it doesn't sound practical in terms of "helping" the organizations... I hope you agree.

What's even more unclear is about the "community" itself. It should at least tell you what kind of activities you'll be involved with and what kind of updates you'll receive before joining. But it doesn't, unfortunately.

The "Products"

F2S says it will provide some "services and products" in the future - literally, that's all it says. The page (f2sfund.com/products-services) again, talks a lot but tells you very little. All the products will be manufactured by F2S - but it doesn't tell you what they are. The products will be introduced to the international market - but it doesn't tell you what they are. The members who joined by December 2020 can have them for free but those who joined after December will have to pay for them. 

Where Will Your Money Go?

As I've already mentioned, the F2S Fund site talks so much but provides very little information. In fact, the content on every single page is such low quality and often grammatically wrong (I know I'm not perfect at English as a second language and I'm saying it!) Some of the claims that F2S makes seem to contradict each other. For example;

• The FAQ page explains that there's no guaranteed return since this is an investment plan. It sounds fair enough except that the site completely lacks any actual data analysis.
• The "Source Fund" page says that your membership fee will be invested in the Forex and Cryptocurrency markets, which are both hugely volatile. It means that there's no way F2S can "manage assets" enough to provide support to charities, scholarship as it claims.
• The Source Fund page also says 50% of the profit will be distributed to the members - what will happen to the other 50%? Will it be donated to charity organizations? Reinvested? Or is F2S secretly pocketing it?

• Going back to the FAQ page - it says the member can receive a bonus for referring others. The bonus percentage will depend on your membership and you're advised to follow F2S's "bonus table" which I can't seem to find anywhere on the site. If this is the case, not all your one-time membership fees will be used for the investment - some of it will be used to pay someone else's referring commission. So there's a complete lack of transparency.

Fake Company

I can confidently say that the company "F2S Fund" does not exist. Well, it's supposed to be a company since the site mentions the "board of directors" who are specialized in information technology. However,

• The "terms/privacy policy" page does not mention the company name. It just refers to "f2sfund.com" instead.
• If it was a UK limited company, it should be listed in the UK Companies House database, but no such name can be found as an asset management company.
• The address on the homepage (Kemp House, 152 - 160 City Road, London) is a mail-forwarding address that anyone can hire.

So we don't really know who owns F2S Fund. We can find a couple of people ("Nick Wood" and "Michael Le") who speak on YouTube video, but otherwise we can also find a few "fake people" using stock photos. Harry Parker's portfolio is a little dippy; he has a higher degree in mathematics, so he's in charge of accounts of F2S fund management activities. 

Is F2S Fund a Ponzi Scheme?

One characteristic of typical Ponzi schemes is that they often promise a huge return, whereas F2S Fund clearly says it's running an investment plan therefore the ROI is not guaranteed. 

On the other hand, many shady investment schemes promise to provide a product or service "in the near future" but they hardly ever launch. They falsely make such a promise to make it look like you are paying for a particular product/service, masking the fact that it's merely a Ponzi scheme - selling a fake investment plan. F2S too says it's going to sell products and/or services in the future, but it never tells you what. It also says anyone who joins after December 2020 will have to make a separate payment for them. Then what really is the breakdown of your initial $120 joining fee?

Whether F2S Fund is a Ponzi scheme or not, the bottom line is, you shouldn't spend your money on it until you are provided with a detailed but comprehensive schedule plan.