Allied Capital claims to be an entity that helps both investors and businesses to grow or derive consistent returns from real estate holdings. The rates mentioned by them are about average, but the clarity is not present.
For starters, we don’t know the way this firm is making cash flow. As far as monthly payouts are considered, we couldn’t even find an explanation on their platform. Just in case you are wondering, know that they are unregulated as well. To learn about other scary findings, continue reading.
How does Allied Capital Work?
Allied Capital apparently helps people raise funding to start their real estate ventures. On the flip side, they claim to give you fixed monthly payouts for investors. Both aspects of their business are vaguely explained and there aren’t any supporting documents.
Most of their claims are not verifiable and their team members are not present on social media or LinkedIn. Simply put, even the background story might be an imaginary one. So, think for a minute, do you want to gamble your hard earned money with them?
Contact Details and Team
This firm claims to be situated in Australia. Here are the details we found on their platform.
- Address – 201 Kent Street Sydney NSW 2000
- Phone – +61 485-537-541
- Email – info@alliedcap.net
Is Allied Capital Trustworthy or Scam?
Allied Capital does not have the necessary licenses to operate in Australia. ASIC associated platforms have issued a warning against them. If anyone sends money to this platform, then it would be a daunting task to get it back. Clearly, the risks are plenty and doesn’t make sense considering how many regulated alternatives are present.
Nowadays, it is easier than ever to build online portals. So, double check the legitimacy and regulatory stance of any platform that you want to engage with. For any reason, if you don’t have all the answers, hire a financial adviser before pulling the trigger.
Bottom Line
The facts clearly dictate that Allied Capital is not a trustworthy entity. Maintain distance from them and regardless of the kind of claims they might advertise, do not let it blind you from the things discussed above.
In case you already have invested with them, withdraw the funds immediately and share your experience below.
