Are you investigating CPWM? If so, you’ve come to the right place where you’ll get invaluable insights into CPWM from this unbiased CPWM review.
CPWM, the entity associated with this website(https://cpw-management.ch) aggressively promotes itself online with too much fanfare, prompting questions about its legitimacy. In my experience as a self-taught scam investigator, I’ve noticed that entities that indulge in what I call “self-aggrandizement” turn out to be scams. Too much self-promotion might be a red flag you don’t want to disregard.
So, in this honest review of CPWM, I’ll delve into CPWM as the main topic, addressing the company’s background. Thereafter, I’ll share my findings on whether CPWM is legitimate or a scam with supporting evidence.
To begin this enlightening review of the entity, here’s a summary of CPWM as presented in the table below:
| Company | The Centers Plan Wealth Management(CPWM). |
| Website | cpw-management.ch. |
| Office Location | Geneva Business Center, Avenue des Morgines 12, 1213 Petit-Lancy. |
| Telephone Numbers | +41815087114. +442030975610. |
| Email Address | support@cpw-management.info. |
| Registration and Licensing Status | Unregistered and unlicensed. |
| Trading Instruments | CFDs. |
| Trading Platforms | CPWM’s advanced proprietary platform(WealthGuard), and various third-party platforms, including WebTrader. |
| Demo Trading Accounts | N/A |
| Real Trading Account Options | Classic, Silver, Gold, and VIP. |
| Minimum Deposit | Depends on the account type: Classic—$5000.Silver—$25,000.Gold—$50,000.VIP—To be discussed with an account manager. |
| Fees, Commissions, and Other Charges | Wired funds fee($25), currency wire fee($25), account transfer fee($95), account termination fee($95), |
| Deposit and Withdrawal Options | 1. Deposit Options: Direct deposits, cheque deposits, wire transfers, and electronic funds transfer(ETF). 2. Withdrawal Options: ATM withdrawals, electronic funds transfer(ETF), wire transfers, and cheque withdrawals. |
CPWM Background
CPWM stands for “The Centers Plan Wealth Management.” The website “cpw-management.ch” claims that the Centers Plan Wealth Management and I quote, “is a fintech trading company established in 2006 by Scandinavian entrepreneurs, with a track record of success.” It further states that the company enables its customers to trade CFD instruments across the most renowned asset classes across multiple award-winning platforms, including its advanced proprietary platform. It additionally claims to provide access to over 1000 of the world’s leading financial markets.
Is CPWM A Scam?
The answer is YES, this entity engages in fraudulent and deceptive prices, qualifying as a scam. To support my assertion, CPWM is on FINMA’s warning list. As if that’s not enough, Trustpilot also warns that it engages in scams and deceptive practices.
Don’t worry, I’ll expound on these points in the subsequent section, where I’ll present a few proofs showing that the person(s) behind cpw-management.ch are thieves.
Pursue Your Funds
Have you fallen victim to the Centers Plan Wealth Management or cpw-management.ch? Has CPWM scammed you? If yes and you have evidence, go to this page to seek assistance. You may also email scamread@scamreader.info.
3 Explosive Pieces of Evidence Showing That CPWM Is a Scam
Here are 3 compelling red flags, exposing CPWM as a dubious entity:
1. CPWM Is On FINMA’s Warning List
Notably, CPWM’s dubious activities since the company’s launch have not failed to come to the attention of the Swiss Financial Market Supervisory Authority. Switzerland’s topmost financial markets regulator has recently added it to its warning list. Usually, FINMA does that to entities it suspects of:
- Conducting illicit activities in the financial market e.g. swindling investors and partaking in speculative or high-risk activities that threaten investors’ funds.
- Operating without registration, licensing, regulation, and compliance.
- Receiving too many client complaints.
Though it’s unclear FINMA flagged CPWM for which of the reason(s) above, an entity that has found itself on the regulator’s warning list is more than likely a scam. If it isn’t, then it has many similarities to fraudulent entities I’ve posted about e.g. Marketrocks, ModMount, International Reserve, and StocksToTrade.
2. Trustpilot Warns That They Have a Reason To Believe That CPWM Is Engaging In Scam or Deceptive Practises
Another concerning indication disputing the credibility of CPWM can be seen on the company’s profile on Trustpilot. Upon going to the entity profile on the online review platform, I was startled to see Trustpilot’s prominently displayed warning. The warning expresses Trustpilot’s suspicion that CPWM may be involved in scams or deceptive practices. You can see what I’m saying in the screenshot below:
In addition to the explicit warning from Trustpilot, I also saw a negative review of CPWM, on the same profile, from a client who also reported that this entity is a fraud. As you can see in the screenshot, they pointed out that this company will give you a little at the beginning to pave the way to scam you later.
3. The Existence Of Too Many Negative Reviews of CPWM Online
Besides being on both FINMA’s and Trustpilot’s warning lists, CPWM has continued to attract bad reviews from customers and independent bloggers ever since it was launched.
For example, if you check the URL on Scamadviser, you’ll be surprised to find that the online review platform has issued a caution, suggesting that this entity is untrustworthy.
What’s more, there’s an overwhelming number of negative reviews of CPWM on Scamadviser where many customers have expressed dissatisfaction, pointing out that this entity is what it claims to be.
4. CPWM Has Paid for Fake Reviews
Similar to other dubious entities, CPWM seems to be paying unscrupulous authors to pose as customers and write positive feedback. This can be seen on a review platform called “Sitejabber.’
As of the time of writing this objective CPWM review, CPWM has garnered 8 reviews on Sitejabber.
Notably, 6 of these reviews awarded this CPWM with 5-star ratings, while the remaining 2 gave it 1-star ratings, creating the illusion of mixed opinion.
To an experienced scam investigator like me, these reviews appear to be fake.
Typically, an authentic entity would attract a naturally diverse range of ratings, including 1-star, 2-star, all the way up to 5-star ratings, rather than just a combination of 1-star and 5-star ratings.
As if that’s not enough, the Centers Plan Wealth Management has also paid unscrupulous individuals to publish false positive CPWM reviews on their individual blogs or YouTube channels. Beware of such misleading reviews of CPWM, and exercise caution to avoid falling for incentivized CPWM reviews.
Final Thoughts
In conclusion, the Centers Plan Wealth Management(CPWM) associated with the site “cpw-management.ch” is a fraudulent entity. This independent CPWM review sheds light on the questionable practices of this company, strongly suggesting that it operates as a scam.
For example, FINMA’s warning against this company and Trustpilot’s cautionary note against it highlight serious concerns about its legitimacy. Similarly, the negative reviews of it on Scamadviser by customers who cited many instances of the entity’s fraudulent practices, further prove that CPWM is a scam. Last but not least, CPWM’s use of fake paid reviews on Sitejabber, individual blogs, and YouTube, as I did discover, serves as another compelling piece of evidence that the Centers Plan Wealth Management is untrustworthy.