What is Eagle Rock Global? Is it a scam?

ERG or Eagle Rock Global is a European financial business sparking considerable debate. If you browsed the internet in 2018 and 2019, you'd have encountered two contrasting opinions – one alleging Eagle Rock Global to be a scam and the other suggesting easy wealth with Eagle Rock Global. So, what's the truth behind Eagle Rock Global? Is it a scam? Find all the answers in Mytour's article below!

1. What is Eagle Rock Global?

EGR (Eagle Rock Global) is a financial service investment project under the conglomerate named ERG Group INC, based in the Virgin Islands of the United Kingdom, established on 20/04/2018. As per the introduction, the company focuses on 5 main areas: Trading, Mining of virtual currency, E-commerce, Paid to Click, and Gaming.

Eagle Rock Global aims to attract capital from investors and promises to share significant profits and commissions with them. They raise funds from individuals and organizations. After successful fundraising, the company invests in the aforementioned business areas. The company even claims to bring investors a profit margin of 180% per year.

If you want to join this project by ERG, you'll need to choose from various investment packages ranging from $100 to $100,000,000. The profit you receive depends on your investment duration, not the amount invested. To simplify, it's like depositing money in a bank and receiving monthly interest.
 

2. Investment Packages at Eagle Rock Global and Profit Margins

If you visit the company's official website online, you'll find a total of 13 investment packages with investment amounts of $100, $500, $1,000, $2,000, $5,000, $10,000, $20,000, $50,000, $100,000, $200,000, $300,000, $500,000, and $1,000,000. Interest rates calculated based on the duration are as follows:

- 3 months: 6% per month

- 6 months: 7.5% per month

- 9 months: 9% per month

- 12 months: 12% per month

- 15 months: 13.5% per month

- 18 months: 15% per month

With attractive interest rates, this investment is indeed advantageous for users. However, does it come without risks? Is Eagle Rock Global a scam?
 

3. Is Eagle Rock Global a Scam?

Based on Mytour's practical investigation and user surveys, we provide a brief evaluation of ERG (Eagle Rock Global) as an unreliable project. This is because, typically, large-capital investment projects that yield high returns in a short period seem almost too good to be true and may pose risks if Eagle Rock Global decides to take off unexpectedly.

Upon investigation, we observed some unusual aspects of Eagle Rock Global, particularly the company's information being highly ambiguous. Firstly, Eagle Rock Global claims to be licensed by BVIFSC (Financial Services Commission of the British Virgin Islands), but legal inquiries reveal no accreditation from any UK authority, and the official ERG website is not registered for business activities in Vietnam. Furthermore, visiting the company's website at Eaglerockglobal.org reveals that the domain was created over 2 years ago through the NameCheap domain service, with all other company details hidden. Notably, access to the products/services in the 5 business areas the company introduces is restricted. Overall, it's apparent that this company is newly established, and its credibility is extremely low.

With these insights, Mytour hopes you remain vigilant and thoroughly weigh your decision before investing in Eagle Rock Global's project! Additionally, you may want to explore more about What is Affiliate Marketing? Is it a scam or a legitimate opportunity?