Is Jawaeyes.com Legit or a Scam? | ScamAdviser
Author: Adam Collins
With most of the world grappling with economic downtimes, people are desperate to increase their earnings. Sadly, scammers are aware of this and are taking advantage of internet users with fake investment schemes.
When Jawaeyes.com was among the most searched sites on ScamAdviser, we were compelled to take a look. They claim to raise funds for film and TV projects. However, are they legit or a scam? Let’s find out.
How Does Jawaeyes.Com Work?
According to their website, they claim that they “raised production funds for many film and television projects.” In fact, they claim that “ the previous project experience has achieved good results,”
With this in mind, they require clients to invest in their project, and they get returns once the film is out. In one of the films, users are required to invest a minimum of $100 to receive an ROI of 500% within days.
Source: Facebook
Such high returns are always suspicious and are often used by scammers who want to entice unsuspecting people looking for a quick buck. Interestingly, when I checked some of their previous projects, I was shocked to see they have listed films made by popular movie companies. For instance, they have listed “Last Duel” as a “Jawa-Eye Project."
However, when I searched for more information, I found that the movie Last Duel is owned by Walt Disney Studios. It seems that Jawa Eye is using popular movies to dupe customers into thinking they are investing in real movies and TV projects. There is no mention whatsoever about Jawaeyes, Labon Brother Ltd., or Singapore Capital (Lead Tech Group International Pte. Ltd.) which Jawaeyes.com claims owns the website.
Investor Reviews
When I checked the reviews, I was stunned to see a lot of mixed reactions. On ScamAdviser, the site averages 4.2/5 stars from 18 reviews.
One reviewer has raised suspicions that the site could be a classic Ponzi scheme and warns users to beware.
On Trustpilot, the site has an average rating of 3.7/5 stars from 18 reviews. Again, here, users are lamenting that this is a classic Ponzi scam, with many of the customers' reviews warning others to be careful.
Which Country is Jawaeyes Based In?
I found a Facebook page called ‘Jawa Eye Online’ that was created in July 2022 and has amassed over 15k followers. One of the interesting parts I found is that the page indicates ties to Indonesia with an email that reads indonesian@jawaeyes.com. However, when I checked, the page admin seems to hail from the UAE. This is common with scammers who make it hard for investors to reach out or even trace them.
Who Owns Jawaeyes.com?
According to the site, the company is owned by Labon Brother Ltd., or Singapore Capital (Lead Tech Group International Pte. Ltd.). The former is registered in the UK by two people - one from Tajikistan and another from Indonesia.
There are suspicions that this company is a shell company and may be used to dupe customers into believing they are legit. The same goes for Singapore Capital (Lead Tech Group International Pte. Ltd.) where they display the registration documents from Singapore. However, I could not find any registration from Indonesia, which is odd as their email and phone number indicate that they are from Indonesia.
Bottom Line
Overall, we doubt the legitimacy of Jawaeyes.com, as the many red flags are hard to ignore. They seem to be offering deals that are too good to be true, as 500% in 72 days is an incredibly high ROI. They claim to have funded movies and TV projects which are produced by renowned bigwigs in the movie industry and have no relation to Jawaeyes.
They claim to be owned by two companies but there is no proof that these organizations are legitimate. Their site administrator on Facebook is from UAE and they seem to target Southeast Asian countries like Indonesia. Users who have written online reviews are critical of the company, with many of them calling it a Ponzi scheme. Investors should be cautious when dealing with Jawaeyes.com as there are high odds that they may lose their investment.
Other websites with similar characteristics include;
- h5.jawaeye.com
- Jawaeye.com
This article has been written by a scam fighter volunteer. If you believe the article above contains inaccuracies or is missing relevant information, please contact ScamAdviser.com using this form.
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