Davenport Laroche is a company based in Hong Kong that rents out the containers you have purchased. It gives you about 12% interest while you take 4% of the profit you make for acting as a middleman. As promising as it looks and sounds, it is not trustworthy. Because when it comes to profit, low risk and high returns 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 safety of the investment because the value of the solid does not fluctuate in large numbers. 12% is promised each year thereafter, leading to higher production of about 24% per year.
How does it work?
Investing in Davenport Laroche is a little different. You need to understand how it works in the simplest way. Consider that every shipping container is a rental property. The company helps you (the investor) buy several shipping containers depending on how much you are willing to spend.
They entrust the containers to Davenport Laroche to manage the shipping containers on their behalf. A method used by a property manager to maintain a rental home. After you buy as many containers as you want, you will receive full sales documentation in your name, stating that you are the legal owner of all containers.
These containers are then leased to major Fortune 500 companies and governments of individual countries. They constantly need these containers for their huge development plans like construction, infrastructure projects and product movement.
Davenport Laroche’s business model
They have a simple business model where they partner with large businesses and government organizations to secure shipping containers for logistics use based on secure contracts.
Once the insured container contract is signed, you have minimal time to make your financial move. The reason why Davenport Laroche encourages you (the investor) to stay in close contact with your investment team so that you are alerted when the time is right to invest.
The demand for shipping containers is increasing.
The global economy is booming and markets are growing, making the demand for supply containers a constant necessity. To meet this demand, they need people to invest in shipping containers.
Recently, Davenport Laroche signed a contract 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’s like comparing oranges and apples. You can’t compare the two. Shipping containers are simple. You invest in solid assets and collect cash monthly. At the same time, cryptocurrencies and OTC stocks have a long history of fraud.
Davenport Laroche insists that you invest in a shipping container because your initial capital 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 producers in the world market. Davenport Laroche knew the industry would experience phenomenal growth when they made shipping container investment a public opportunity, and it did.
Davenport Laroche Scams
Many supply container scams are happening right now, and many new ones are popping up, but the Davenport Laroche scam is still on top and will remain for the times to come.
The Davenport Laroche scam is very easy to understand. They promise you a fixed return of 12% on any amount invested per year, sometimes more than 24% (according to their official website).
They confirm that all the containers for the company’s supply are traceable, and the investor has full legal rights to the containers he buys.
Most of them are independent trackers in various countries who act as recipients of the container owners and the money is transferred to the fraudster’s account in those countries. Most of the accounts belong to underdeveloped countries such as Cambodia, Ghana, Vietnam and Lagos.
Such scams are exposed when companies like Davenport Laroche impersonate different writers to write a fake blog or review for them. Their services are the best, and as the company takes care of its investors, it gets the best investment and fakes a lot of things.
They post a lot of fake reviews about the company on different forums and social media websites. A little in-depth research can reveal that it is fake. This is done only to attract more investors and get more investments, and people fall into this trap and invest. They end up losing their life savings in such scams.
Before the presentation
The Davenport Larches website states that supply containers have 60 years of experience and are the most profitable and secure source of income. That is a false claim.
If something is promoted as high profit and low risk at the same time, there is a good chance that it is a fraudulent practice. It should be noted that storage containers already have many financial backers, and you don’t need individual investors to bring money to the table.
If investing in shipping containers were such a profitable investment, it would be full of investors, which unfortunately it is not. So it’s better not to invest in them and if you already are, it’s 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 so, you have been a victim of a Davenport Laroche scam. We suggest that you contact a refund agency. You can go to various law firms. They will help you no matter how much money you have lost.