This blog post is a review of a newly launched investment platform in Nigeria called Newment.in. The platform claims to allow Nigerians to invest in profitable investment plans and earn daily income.
Newment.in claims to be an engineering firm that executes big contracts for companies and governments all around the world. The company claims it has a wide variety of projects it needs money to execute and its hoping to raise money from the public to finance these projects. The company claims investors who invest in any of the projects would earn interest every day for 3 months.
All the promises from Newment.in don’t seem legit, which is why we are doing this review to determine if the company is truly legit or its a Ponzi scheme.
| Company Name: | Newment.in |
| Website url: | https://newment.in |
| Invitation url: | https://www.newment.in/?spread=7uP90RRs |
| Launched Date: | 4th December, 2023 |
| Domain Registration Date: | 4th December, 2023 |
| Domain Expiry Date: | 4th December, 2024 |
| Owner Name: | The owner of the domain name is hidden in the Whois |
| Daily Commission | 33% |
| Referral Commission | 30%, 2%, 1% |
| No. of Visits | 532 |
| Last Visit: | 78 hours ago |
Newment.in Features & Benefits
- Newly launched on 4th December, 2023
- The welcome bonus is 500 naira
- The minimum deposit is 1500 naira
- The minimum withdrawal is 1000 naira
- Withdrawals has been confirmed
- Customer Support: https://t.me/NewmontCS
- Registration link: https://www.newment.in/?spread=7uP90RRs
Newment.in Investment Plans
| Mine | Price | Cycle | Daily | Total |
|---|---|---|---|---|
| Ahafo | ₦1,500 | 180 Days | ₦495 | ₦89,100 |
| Akyem | ₦3,000 | 180 Days | ₦1,020 | ₦183,600 |
| Boddington | ₦5,000 | 180 Days | ₦1,750 | ₦315,000 |
| Cadia | ₦10,000 | 180 Days | ₦3,600 | ₦648,000 |
| Tanami | ₦20,000 | 180 Days | ₦7,600 | ₦1,368,000 |
| Telfer | ₦30,000 | 180 Days | ₦12,000 | ₦2,160,000 |
| Cerro Negro | ₦50,000 | 180 Days | ₦21,000 | ₦3,780,000 |
| Merian | ₦100,000 | 180 Days | ₦45,000 | ₦8,100,000 |
| Peñasquito | ₦200,000 | 180 Days | ₦96,000 | ₦17,280,000 |
| Pueblo Viejo JV | ₦300,000 | 180 Days | ₦156,000 | ₦28,080,000 |
| Yanacocha | ₦500,000 | 180 Days | ₦280,000 | ₦50,400,000 |
| Lihir | ₦850,000 | 180 Days | ₦510,000 | ₦91,800,000 |
Server Details About Newment.in
IP Address
172.67.210.123
Nameservers
ivy.ns.cloudflare.com
hassan.ns.cloudflare.com
Newment.in Red Flags
- The company doesnt have any physical operation or office space. Its basically a website
- The company operates a ponzi or pyramid scheme by using money from new users to pay old users
- The company’s website has grammatical errors or inconsistencies.
- The company’s compensation plan heavily favors those at the top of the pyramid.
Is Newment.in Legit or Scam?
After an extensive study of the Newment.in the platform, we have been able to highlight a lot of red flags that indicate that the company is not legit and its a website that operates a Ponzi scheme.