Finovative AI presents as a professional crypto trading platform—but behind the scenes is a pattern of broken promises, blocked withdrawals, and coercive tactics led by Jay Reddy.
This site was created by a victim who documented every step of the scam:
From ads and onboarding
To fake support and manipulated contracts
To being blocked from withdrawing funds
If you’re here searching “Is Finovative AI a scam?” — the answer is yes. This site provides the evidence: screenshots, contracts, and first hand experience with Jay Reddy.
Here’s how it works:
You see an ad for an “AI trading platform” — it looks legitimate, even regulated.
You sign up — a friendly “account manager” calls (often Jay Reddy), promising support and safety.
You deposit crypto — quickly and with pressure. They ask all about your finances, and start to make promises about a better life.
They lie about how Crypto works, encourage you to use it to avoid paying taxes and tell you that if you add more, you get a bonus and can withdraw your Crypto straight away.
They tell you that 'you are lucky to get me as your account manager', and that with a lot of effort he has set you up with a VIP account, that gives lots of perks and extra opportunities. 'It is a privilege to get this'
They delay sending the contract — often until after funds are transferred.
You ask about withdrawals — they become vague or manipulative.
They stop responding — or force you onto phone calls to avoid writing things down
They tell you that you can only access this money by adding more money to 'break the contract', but the contract isn't legal to begin with
Jay Reddy is the account manager who guides most victims through the process.
At first, he sounds supportive. But when you ask questions—or try to withdraw—this is what happens.
✅ Professional website and dashboard
✅ Real-seeming trades and figures
✅ Phone calls with friendly reps
✅ Security Codes for Conversations
✅ “Contracts” that look official
Finovative AI presents a sleek trading dashboard that looks legitimate—with live charts, trade history, and flashing green/red buttons. But it’s just a performance. Key features like real-time verification, withdrawal confirmation, and account transparency are missing.
❌ You can’t withdraw your funds
❌ There are hidden trading “lot” requirements to access your own money
❌ The contract isn’t signed by them
❌ You cannot talk to anyone else or get help
❌ They operate without clear financial licensing
❌No visible withdrawal button
❌ No terms or risk disclaimers
❌ No real-time support or compliance info
❌ And key restrictions (like 6000-lot minimums) are never shown up front
❌ No fees mentioned anywhere
This screenshot is taken directly from inside the Finovative AI trading portal. While the interface appears professional—with charts, trade history, and dynamic buttons—it’s designed to build trust while concealing key restrictions.
There is no visible withdrawal section, and the required trading “lot” threshold is only revealed after funds are deposited. These omissions are deliberate—and make withdrawals nearly impossible.
At first, it felt like a real trading platform. I didn’t realise until it was too late that there was no way out.
Jay Reddy is the Finovative AI account manager who promised support, safety, and access—then refused withdrawals, changed contract terms, and used pressure tactics to keep funds trapped.
He makes verbal promises that disappear in writing
He pressures victims to avoid asking questions
He insists on phone calls instead of confirming anything in writing
He uses words and says things like ‘you don’t understand’, even if you do, and ‘trust me I’ve been doing this for 13 years’
He uses charm, urgency, and fear to get you to deposit more
He makes promises that are not possible, and contradicts himself a lot, then ignores you when you question him
Evidence of Finovative AI scam
📹 Video walkthroughs: from ad → portal → red flags
📜 Screenshots of text messages and contracts
❗ Coercive quotes from Jay and ‘others’
🧾 Footage showing lack of withdrawal fees and false promises
Document everything — take screenshots, save texts, record dates and calls
Report the scam to:
ASIC (Australia)
Scamwatch
FSRA (UAE – if used for false regulation claims)
Police Cybercrime Unit
FINMA (Switzerland Regulators
Contact a community legal centre — for help writing to regulators or pursuing civil action
Warn others — share this website or speak out publicly
Finovative AI is just convincing enough to fool smart, cautious people.
That’s what makes it so dangerous—and so effective.
Some parts of the system work—just enough to build trust
But it’s a controlled funnel: you’re never meant to get your money back
They use psychological tactics, not just technical tricks
Yes. While Finovative AI presents itself as a legitimate AI trading platform, it uses coercive sales tactics, delays in contract delivery, and deliberate withholding of withdrawal information to trap users. Many users report being unable to withdraw their funds after depositing, even when promises were made by phone that they could.
No, not easily—if at all. It promises high trading volumes using an AI robot that analyses the markets and latest events. However, there is no assurances that trades are actually being place, there is no 'stop loss' being used, so your entire account can be wiped out in one poorly places trade by the robot. Withdrawing money from Finovative AI has been impossible for me, and as the company is not registered anywhere (despite the T&C saying it is), there is very little support to help you get your money back. And with Crypto, once the money is gone, there is no trail.
No, not easily—if at all. Despite assurances given by “account managers,” withdrawal processes are unclear or unavailable. Victims are often told they must meet “lot size requirements” or pay hidden fees that were never disclosed up front. Some users are completely ghosted when they try to withdraw.
Jay Reddy is a representative of Finovative AI who personally contacts users after sign-up. He presents as supportive but is known for:
* Making promises that are never confirmed in writing
* Pressuring victims to avoid written communication
* Using emotional manipulation and urgency to push crypto deposits
His messages, tone, and coercion have been documented on this site.
No. While the platform claims to be compliant or shows regulator logos and registration numbers from Switzerland, it does not appear to be licensed by ASIC or any recognised financial authority WORLDWIDE. It also uses cryptocurrency to bypass normal financial consumer protections.
To avoid legal and banking accountability.
By asking users to deposit Bitcoin or USDT, Finovative AI operates outside the safety nets of banks and traditional financial systems where there is scamwatch, and they can track money. This makes it harder for victims to get their money back, dispute the transaction, or trace the funds.
The contract used by Finovative AI:
* Is often sent after the first deposit
* Includes unreasonable “lot size” trading requirements (often hidden or unexplained)
* Is usually unsigned by the company, making it potentially unenforceable
* Contains vague language around withdrawals and risk
The contract is part of the manipulation, not a protective agreement.
There are no mentions of fees within any contract, terms and conditions or anywhere on the trading platform nor website.
Based on real user experience, the key warning signs include:
* Promises made only over the phone - but are never kept
* Refusal to confirm anything in writing
* Pressure to deposit crypto urgently
* Delayed or missing contracts
* No fees outlined anywhere
*"this is a verbal contract between us, that is recorded" means nothing to them
* Lack of withdrawal options
* Emotional manipulation and gaslighting when questioned
1. Stop communicating with them over the phone.
2. Document everything: Save texts, emails, screenshots, and video recordings.
3. Report them to ASIC, Scamwatch, FSRA (if they claim UAE regulation), FINMA, and police cybercrime.
4. Contact a legal centre or financial consumer advocate for help.
5. Warn others by sharing this website or your own experience.
This site show you how they scammed me and provides:
* Screen recordings of the onboarding and portal
* Video evidence of what was promised vs. what was delivered
* Screenshots of coercive and threatening messages
* The actual contract with red flags highlighted
* Evidence of misleading claims, such as “no fees” or “easy withdrawals”
If you go with a reputable platform, it may be safe. However if they do not tell you that there are risks, then it is a scam. Finovative-AI with the Zarios Platform had the risk warnings, which I asked about and I was told that 'legally they have to have that there, just like warnings driving a car'. But the risk is always real. Do the research, and understand before you commit.
I asked that very question, and looked through everything. There is just enough 'real' information there to look real, and they tell you things that should be real, but when connected to Finovative, it is not legit. It is a scam. Your money is gone
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