Grupeer Scam Overview

Last update | 20. December 2021

On the 31th of March 2020 Grupeer has suspended all payments to investors.

Highlights
  • Grupeer faces serious accusations
  • Investors have exposed fake projects
  • Grupeer blocked all withdrawals
  • Read below what you can do 👇👇👇
Rating
Risk & Return
Usability
Liquidity
Support
FEATURES
Buyback GuaranteeYes
Auto InvestYes
Secondary MarketNo
CashbackNo
RegulatedNo
DIVERSIFICATION
Min. Investment 10
Countries17
Loan Originators22
Loan TypeBusiness
Loan Period in Months2 - 23
Interest10% - 14%
PROS & CONS
  • High availability of P2B loans
  • Wide diversification
  • Earn interest for delayed payments
  • Poor liquidity
  • Transparency issues
  • Issues with banking providers
News
Statistics
Promo
Risk & Return
Due Diligence
Usability
Liquidity
Support
Summary

News

14 Sep 2020  

Grupeer continues buying time while releasing a statement about the goal to become a regulated P2P lending platform. Investors still can't withdraw their investments.

31 Aug 2020  

Grupeer released a statement, where the company blames a low share of submitted KYC being the main reason why Grupeer can't re-open their business account and repay investors.

26 Aug 2020  

The registration for the lawsuit against Grupeer has been closed.

Statistics

Year founded:

2017

Number of investors:

24.000

Investors' earnings:

€ 4M

Average portfolio size:

€ 3.446

Total invested:

€ 47M

Loss of investors' money:

€ 34M

Funds in recovery:

€ 47M

Grupeer Scam Overview

Grupeer is currently facing serious accusations about the legitimacy of its loan originators (Monetria, Lion Lender, Epic Cash).

You can monitor the development of the lawsuit against Grupeer here.

What you can do

  • Download your account statement since you have joined Grupeer: grupeer.com/account-statement
  • Download the excel list of all your investments: grupeer.com/my-investments (there is a “download button” under the filter options)
  • Download every loan agreement: grupeer.com/my-investments (download all PDF files manually or in bulk with the Chrome extension simple mass downloader)
  • Take a screenshot of your profile page: grupeer.com/identification
  • Take a screenshot of your deposit page where it shows your investor ID: grupeer.com/deposits
  • Download the overview of your current account status: grupeer.com/overview
  • Download the Grupeer site to your local folder so you can view all the information offline. You can use any software. Website copier from httrack.com/ can be downloaded for free.
  • Join the Telegram group (currently over 3,500 investors have joined) to coordinate the next legal steps
  • Download all the relevant documents in order to participate in the lawsuit.
  • The cost of the lawsuit is 1.8% of your claim (min. €25)
  • You can follow the legal steps against Grupeer in chronological order here.
  • You can ask questions regarding the lawsuit in Slido.

What you should not be doing

  • Harassing and threatening employees of Grupeer or their family members
  • Collaborating individually with anyone who promises a quick resolution of this case

Links to further resources:

We do not suggest registering or investing on the platform until this situation is resolved.

The chances are that you might retrieve some of your money by joining the lawsuit against Grupeer, as not all projects were fake and some loan originators have stopped paying back to Grupeer.

Avoid being scammed again!

With our ✅ workbook, you will be able to spot red flags 🚩 and protect your investment.

checklist

Protect Your Money!

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Red Flags

  • A time buying letter has been sent out
  • Investors exposed fake projects
  • Inconsistent information about the ownership of the platform
  • Grupeer isn't able to address critical questions
  • Bank accounts have been frozen
Learn more about possible red flags here.
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Company Information

Company:

Grupeer Limited

Address:

The Black Church St. Mary’s Place, Dublin, D07P4AX, Ireland

Phone:

+353 1 960 1199

Email:

support@grupeer.com

Live Chat:

No

Opening Hours:

closed

Social Media: