Today I got a cold call from an alleged representative of Saikyo Sakura Assets offering me a trading opportunity. At first I was very skeptical as this raised several red flags, but I am also interested in the opportunity. Now I want to find out if this is a scam or legit business. I am (at this point) not concerned with the actual opportunity they suggest.
I value your personal opinion, but please also provide evidence for your claims (scam vs. legit). Personal experience with the company counts, of course. In the following I share the results of my previous research:
Positive (legit business)
The man was friendly and patient. He did not push me towards a decision. He asked me to do my own research on the company and the opportunity they suggest and sent me additional information via email.
When I asked where he got my contact information from (name and phone number), he gave me the name of the list broker (Experian).
A Google search for "Saikyo Sakura Assets" (also combined with "cold call", "scam" and "fraud") returns about 134.000 results, among them press releases by the company and a listing on Crunchbase, but no reports on cold calls or fraudulent behavior (at least not on the first three pages that I checked).
The company has a
soundwell designed website and active LinkedIn and Twitter profiles.
It sounds too good to be true (expected ROI 50%+).
I checked the website of the Financial Services Agency of The Japanese Government. They provide lists of "licensed (registered) Financial Institutions" (positive) as well as a list of "'Cold Calling' Non-Registered and/or Non-Authorized Entities" (negative). I found the company in neither of the lists.
The company website does not show any tax or registration numbers.
Sounds very similar to the questionable call in this question.
Please help me to make an informed decision. Thank you!