Davenport Laroche is a company based in Hong Kong that rents the containers you have purchased. It gives you about 12% interest while taking 4% of the profit you make by acting as an intermediary. As promising as it looks and sounds, it is not reliable. Because when it comes to profit, low risk and high return never go hand in hand.
Davenport LaRoche promises
They promise you low risk, ensuring that you are not the only one in this market. Davenport Laroche makes a statement like “100% capital preservation” which is practically impossible – to be able to sell your container at cost even after five years!
They tell you about the security of the investment, since the value of the solid material does not fluctuate in large quantities. Each year later, promises of 12% are made, resulting in a higher output of around 24% per year.
How it works?
Investing in Davenport Laroche is a little different. You need to understand how it works in the simplest way. Think of each shipping container as a rental property. A company helps you (investor) buy several shipping containers depending on how much you are willing to spend.
They hand over the containers to Davenport Laroche to manage the shipping containers on their behalf. The method used by a property manager to maintain a rental property. Once you have purchased as many containers as you wish, you will receive full sales documentation in your name stating that you are legally the legal owner of all containers.
These containers are then leased to major Fortune 500 companies and national governments. They have a constant need for these containers for their huge development plans like construction, infrastructure projects and movement of products.
The business model of Davenport Laroche
They have a clear business model where they partner with giant enterprises and government organizations to provide shipping containers for logistics purposes based on secure contracts.
Once the secure container deal is signed, you have minimal time to make your financial move. The reason why Davenport Laroche encourages you (the investor) to keep in close contact with your investment team so that you can be alerted when the time is right to make investments.
Demand for shipping containers is growing.
The global economy is booming and markets are growing, which subsequently turns the demand for shipping containers into an endless rush. To meet this demand, they need people to invest in shipping containers.
Davenport Laroche recently signed a deal to help build three new airports in Tibet. Such projects help the investment intermediary to grow.
Are you investing in shipping containers Vs investing in cryptocurrencies or OTC stocks?
It’s like comparing oranges and apples. You can’t compare the two. Shipping containers are clear. You invest in hard assets and get the return of the money every month. At the same time, cryptocurrencies and OTC stocks have a long history of fraud.
Davenport Laroche insists on investing in a shipping container because your initial investment is preserved. They advise their investors to stay away from scams.
Why is Davenport LaRoche so successful?
This is easy because of supply and demand and because they have maintained their place as a manufacturer in the world market. Davenport LaRoche knew that when they turned the investment in shipping containers into an opportunity for the public, the industry would see phenomenal growth, and it did.
Davenport Laroche Scams
There are many shipping container scams going on right now and many new ones are popping up, but the Davenport Laroche scam is still on top and will remain so for times to come.
The Davenport Laroche scam is very easy to understand. They promise you a fixed return of 12% on every amount invested per year, sometimes more than 24% (according to their official website).
They confirm that all the company’s shipping containers are traceable and the investor has full legal title to the containers they purchase.
Most of them are independent trackers in different countries who act as receivers for the container owners and the money is transferred to the fraudster’s account in those particular countries. The majority of accounts belong to underdeveloped nations such as Cambodia, Ghana, Vietnam and Lagos.
Such scams are exposed when companies like Davenport Laroche play different writers to write a fake blog or review for them. Their services are the best and how the company takes care of their investors, get the best investment and fake many things.
They post many fake reviews about the company in various forums and social media websites. A little in-depth research can reveal it to be a fake. This is only done to attract more investors and get more investment and people fall into this trap and invest. They end up losing their life savings in such scams.
The Davenport Larches website says shipping containers have a 60-year history and are the most profitable and safest source of income. This is a false statement.
If something is promoted as high-profit and low-risk at the same time, there’s a good chance it’s a fraudulent practice. It should be noted that storage containers already have many financial backers and you don’t need to have individual investors to bring money to the table.
If shipping container investment were such a high return investment, it would be full of investors, which unfortunately it is not. Hence, it is better not to invest in them and if you have already done so, it is better to look for a good refund group that can help you get your money back.
Have you been a victim of a Davenport Laroche scam?
If yes, you have been a victim of the Davenport Laroche scam. It is recommended that you contact the refund agency. You can go to different law firms. They will help you no matter how much money you have lost.