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Introduction
Davenport Laroche is a Hong Kong based company that rents out the containers you buy. Pays you an interest of around 12% for acting as an intermediary while taking 4% of the profit you make. As promising as it looks and sounds, it is not as reliable. Because when it comes to profit, low risk and high returns never go hand in hand.
davenport laroche promises
They promise you low risk by making sure that you are not alone in this market. Davenport LaRoche is making statements like “100% capital preservation”, which is not practically possible – still being able to sell your container at cost price after five years!
They give you investment security as the value of solid material does not fluctuate a lot. The latter promises 12% per annum, making for a high yield of around 24% per annum.
How does this work?
Investing in Davenport LaRoche is a little different. You most simply need to understand how it works. Consider that each shipping container is a rental property. Depending on how much you are willing to spend, a firm helps you (the investor) buy a number of shipping containers.
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 home. When you have bought as many containers as you want, you will receive a completed deed of sale in your name stating that you are legally the rightful owner of all the containers.
These containers are then leased out to major Fortune 500 companies and governments of individual countries. They are in constant need of these containers for huge development plans like construction, infrastructure projects and product movement.
Davenport LaRoche’s Business Model
They have a straightforward business model wherein they partner with huge enterprises and government organizations to provide shipping containers for logistics use on a secured contract basis.
Once a Secured Container deal is signed, you have a minimum amount of time to make your financial move. This is why Davenport LaRoche encourages you (the investor) to stay in close contact with their investment team so that you can be alerted when the time is right to invest.
The demand for shipping containers is on the rise.
The global economy is booming, and markets are expanding, resulting in a never-ending demand for supply containers. To meet this demand, they need people to invest in shipping containers.
Recently Davenport Laroche signed an agreement to help build three new airports in Tibet. Such projects help the investment firm to grow.
Are you investing in supply containers versus investing in cryptocurrencies or OTC stocks?
It is like comparing oranges and apples. You can not compare the two. Shipping containers are direct. You invest in hard assets and collect monthly cash returns. At the same time, there is a long history of scams in cryptocurrencies and OTC stocks.
Davenport LaRoche emphasizes that you invest in a shipping container because your initial investment capital investment is protected. 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 position as producers in the world market. Davenport LaRoche knew that when they made shipping container investing an opportunity for the masses, the industry would see unprecedented growth, and it has.
davenport laroche scandal
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There are many supply container scams going on right now and many new ones are coming to the fore, but the Davenport Laroche scam is still on top and will continue to be so in times to come.
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The Davenport LaRoche scam is very easy to understand. They promise you a fixed return of 12% per annum on any amount invested, sometimes more than 24% (as per their official website).
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They confirm that all of the Company’s supply containers are traceable, and that the investor has full legal title to the purchased containers.
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Most of them are independent trackers in different countries who act as payees of the container owners and the money is transferred to the scammer’s account in those particular countries. Most of the accounts are from underdeveloped countries such as Cambodia, Ghana, Vietnam and Lagos.
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This type of fraud is exposed when companies such as Davenport LaRoche impersonate different authors to write fake blogs or reviews. Their services are best, and how company takes care of its investors, get best investment and fake many things.
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They post lots of fake reviews about the company on various forums and social media websites. A little deep research will reveal that it is fake. This is done only to attract more investors and get more investment and people fall into this trap and invest. They lose their life savings in such scams.
before busting
Davenport Larches’ website states that shipping containers has a 60-year track record and is the most profitable and safest income source. This is a false claim.
If something is promoted as being highly profitable and low risk at the same time, it is very likely to be a fraudulent practice. One needs to note that storage containers already have many financial backers, and one doesn’t need individual investors to bring money to the table.
If shipping container investing were such a high return investment, it would be full of investors, which it unfortunately isn’t. So, it is better not to invest in them, and if you have already done, it is better to look for a good fund recovery group that can help you recover your money.
Have you been a victim of the Davenport Laroche scam?
If yes, then you have been a victim of the Davenport LaRoche scam. It is suggested that you get in touch with a Fund Recovery Agency. You can go to different law firms. They will help you no matter how much money you have lost.
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