Description

Unrealistic Returns: The company promises daily or monthly returns as high as 30%, which is highly implausible in legitimate energy investments. Such high returns are a classic hallmark of Ponzi schemes. False Regulatory Claims: Del Mar Energy Inc. claims to be regulated by the U.S. Securities and Exchange Commission (SEC) and audited by reputable firms like Deloitte and EY. However, investigations have revealed that these claims are false, and the associated SEC filings belong to a different, likely inactive, company with a similar name . Virtual Office Address: The company's listed address in Dallas, Texas, is a virtual office, not a physical location for a major international energy company . Fake Reviews and Press Releases: The company has been linked to fake reviews and press releases on various websites, all pointing to the new URL, and has been reported as a scam on platforms like Reddit . Reddit BBB Warning: The Better Business Bureau (BBB) has issued a warning that the business name is being used by scammers for an investment scam. Any consumers who receive a call to invest into this business should report it to BBB Scam Tracker .