This review reveals that LSG Financial (Liam, Sachwell & Galahad) is an investment scam that is to be avoided.
What is LSG Financial
LSG Financial is an investment company based in the United States. The LSG abbreviation stands for Liam, Sachwell & Galahad.
You can open an account with LSG and let the company invest your money in different assets, such as stocks or cryptocurrencies.
The company promises daily 0.5% returns on your investment, and 0.6% daily if you are compounding.
Is LSG Financial legit? No, it is not, it’s a complete scam.
LSG Financial scam
In this LSG Financial review we present you 5 proofs that this investment company is a scam. Here they are.
Our first steps in our research about LSG led us to verifying the company’s background. LSG Financial has posted several profiles on the internet, such as the one on TechCrunch that you can see in our picture below.
It claims that it is based in Delaware and that it was founded in 2005. But that’s a lie. There is no LSG Financial company registered in Delaware.
Also, the LSGfinancial.com domain was first registered in 2021, so the project certainly did not start in 2005. These two lies make LSG Financial a scam.
On its official website, this fake company also provides an address in Michigan, but on that address there is a different company with a similar name. They have nothing in common.
Not registered and illegal
On its website, LSG says that it is registered with the US Securities and Exchange Commission (SEC), among other institutions. But that’s just another lie.
A search in SEC’s registers shows that LSG Financial is not registered. It means that it is not authorized to provide investment services.
In other words, LSG Financial is an illegal investment service, it is breaking the laws in the United States.
LSG is not authorized as an investment service anywhere in the world.
Fake media publicity
But everything is fake. You can search on websites of all those media and you won’t find a single article about LSG Financial.
So that’s another lie in LSG’s portfolio and a proof that it’s a scam.
To make you feel secure and comfortable with investing with LSG, the company claims that clients’ accounts are insured up to 500,000 USD with Lloyd’s.
That is not true. You can contact Llloyd’s, and you will see that they have never even heard about LSG Financials.
And finally, let’s address in this LSG Financial review the returns on investment promised by the company. 0.5% daily represent 15% per month.
15% is something that the best investment firms will do in a year and consider themselves lucky. In other words, 15% per month is impossible for a legit investment firm that is doing real investing on real markets. That’s just reality.
15% per month is a huge signal that you are dealing with a scam, especially when it is based on stable daily returns like 0.5%. Nobody can achieve steady daily returns on investment.
So yes, the ROI is also a proof that LSG is a scam.
How LSG Financial works
LSG Financial is a scam, we have proved that in this review. It seems that they tried to operate as a Ponzi scheme. Which means taking new deposits and using them for payouts.
In any case LSG is destined to collapse hard, if by chance you are getting paid, try to get out as quickly as you can, because a crash is coming. Ponzi schemes like LSG, Doorway Financial or Sage More always crash in the end.
LSG Financial review – Conclusion
LSG Financial is a financial scam. Its official website is full of lies that prove it. It is not registered nor authorized to offer investment services.
If LSG was ever paying, it used the Ponzi model to run. You have to stay away from it if you don’t want to lose money.