TL;DR: the short answer
ASIC's March 2023 scam alert says not to deal with or transfer money to United Solar Investment, citing unrealistic returns, no AFS licence and classic pyramid scheme signs.
Scambaba rates United Solar Investment critical risk with a risk score of 9.0/10, last verified 2026-10-24.
Key facts
| Risk score | 9.0 / 10 (Critical Risk) |
|---|---|
| Status | ASIC scam alert, March 2023 |
| Category | Investment Scam |
| Primary scam vector | Suspected pyramid-style solar investment scheme with referral commissions |
| Reported domains |
|
| First listed | 2026-10-24 |
| Last verified | 2026-10-24 |
Red flags reported for United Solar Investment
- Returns of up to 20% claimed
- Unlimited referral commissions for recruiting others
- Little explanation of how profits are generated
- Offered through mobile apps as well as websites
- Operators hold no Australian financial services licence
Detailed threat analysis
What the regulator says
On 15 March 2023 ASIC published 'Scam alert: Do not deal with, or transfer money to United Solar Investment'. ASIC warns about a suspicious offering also available through apps on the Apple Store and Google Play Store. It says the operators hold no Australian financial services licence and tells investors not to deal with or transfer money to the entity. The scheme claims to let Australian consumers buy into solar panel systems, with returns of up to 20% and unlimited referral commissions. ASIC considers the returns unrealistic, says the entity reveals little about how it generates profits, and says it shows signs of a classic pyramid scheme because it rewards investors for recruiting others. The page names the domains unitedsolarinfinity.com and unitedsolar-vip.com.
How this type of scam usually works
Pyramid-style schemes pay earlier members from new recruits' money and collapse when recruitment slows. Fake investment websites typically show rising balances to encourage larger deposits, accept cryptocurrency because it is hard to trace, and then block withdrawals or demand fees or 'tax' payments. Recovery is rarely possible once funds have moved.
How to check a firm yourself
Search the firm on ASIC's Professional Registers for an Australian financial services (AFS) licence, and check the Moneysmart Investor Alert List. Use contact details you find independently rather than those given to you, and be cautious about any unsolicited investment offer or promised returns that look too good to be true.
What to do if you dealt with United Solar Investment
- 01Stop sending money and do not pay any further fees or 'tax' to release funds.
- 02Contact your bank or financial institution immediately to ask about tracing or recalling payments.
- 03Report the scam to Scamwatch (scamwatch.gov.au) and, if you are in Australia, to ReportCyber (cyber.gov.au).
- 04Check the ASIC Moneysmart Investor Alert List and consider reporting misconduct to ASIC.
- 05Contact IDCARE (idcare.org) for support if you shared personal details or ID.
Frequently asked questions
Is United Solar Investment legit?
ASIC warns not to deal with or transfer money to it, saying it has no AFS licence and shows signs of a classic pyramid scheme.
What returns did it promise?
ASIC says the scheme claims returns of up to 20% plus unlimited referral commissions, which ASIC considers unrealistic.
Sources
- Scam alert: Do not deal with, or transfer money to United Solar Investment, Australian Securities and Investments Commission, 2023-03-15
This report reflects publicly available information and reported patterns as of 2026-10-24. It is an opinion, not a legal determination. Spot an error or represent this entity? See our editorial and corrections policy.