Phoenixcaplimited.com presents itself as a legitimate trading platform, but our investigation reveals a different story. The founders and team members showcased on their website are completely fake, with all photos taken from other sources. For instance, the CEO’s photo is actually from the Libra Group International Holding Company’s members, taken from their Facebook page.
Similarly, they lifted the photo of their supposed software engineer from the Libra Group. This blatant misrepresentation raises significant concerns about the platform’s legitimacy.If you want to know the reality of Phoenixcaplimited.com. We strongly recommend reading our detailed review to uncover the truth and avoid potential scams.
Phoenixcaplimited.com Scam Exposed
- Fake Team and CEO Claim: The founders and team members displayed on Phoenixcaplimited.com are entirely fake. Photos of the supposed CEO and other team members are taken from the Libra Group’s Facebook page, raising serious doubts about the platform’s legitimacy.
- No Customer Support: The platform lacks customer support, leaving users without assistance or recourse for their issues and inquiries. This absence of support is a significant red flag and undermines trust in the platform.
- Unrealistic Return on Investment: Phoenixcaplimited.com promises unrealistic investment returns, typically unattainable in genuine financial markets. Scam platforms commonly use such exaggerated claims to lure unsuspecting investors.
- Unable to Withdraw Funds: Numerous users have reported on the Better Business Bureau that they cannot withdraw their funds from Phoenixcaplimited.com. This is a major red flag, indicating that the platform likely aims to trap users’ money without intending to allow withdrawals.
- No KYC Verification: The platform does not require any KYC (Know Your Customer) verification, allowing anyone to trade anonymously. This lack of proper verification is another significant concern, as legitimate platforms always implement KYC processes to prevent fraud and ensure security.
User Reviews about Crypto-qs.com
On June 25, 2024, the following complaint was filed with the BBB (Better Business Bureau) regarding a cryptocurrency scam at Phoenixcaplimited.com by a person who reported being scammed for $8,000:
the website is offering the option to invest using crypto currency and the amount you invest will get a 4% DAILY return. Per example if you invest $1000 you will get 4% daily in which is $40 daily for 30 days is $1200 profit. Well in my situation I invested $5000 and at the end of the 30 days I had a little over $11,000 in my account on this website. I requested to withdraw $5000 and that is when I started to suspect that this was a scam. They first asked me to send $1860 to Authenticate my crypto wallet before they be able to send my payment, I send $1860 and a few minutes they came with a new excuse saying that the market change and that I need to send $945 to Authenticate the wallet, I did send it! Well after that, they told me that my wallet has been authenticated and that payment will be send within 24hrs. This morning I received another email saying that the $5000 payment was on hold due to a trading fee of $6900!! 15% of all the investment and profits! Once I send the money they will be able to release my payment! As you can see this is a huge Scam, If I send more money they will come with a new excuse and I will never get nothing from them. Avoid this Scam.
Phoenixcaplimited.com is a Scam?
Phoenixcaplimited.com exhibits numerous red flags that strongly suggest it is a scam. When we started our deep investigation, we found one online phoenix cap limited review revealing that the domain is registered under NICENIC INTERNATIONAL GROUP CO., LIMITED. The platform falsely claims to have a legitimate team and CEO, using photos stolen from the Libra Group’s Facebook page. It promises unrealistic investment returns and lacks customer support, leaving users without assistance.
Additionally. there is no KYC verification, allowing anonymous trading and many users have reported being unable to withdraw their funds on the Better Business Bureau. These signs indicate a fraudulent operation designed to deceive investors and trap their money.
Bottom Line Phoenixcaplimited.com
Phoenixcaplimited.com exhibits multiple warning signs that indicate it is a scam. From using fake team photos and false claims of a legitimate CEO to unrealistic investment returns and a lack of customer support. The platform is designed to deceive. The absence of KYC verification and numerous reports of users being unable to withdraw their funds further confirm its fraudulent nature. Investors should exercise extreme caution and avoid engaging with Phoenixcaplimited.com.
Always prioritize security and transparency by choosing regulated and reputable trading platforms to protect your financial assets and personal information.
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