Any tom dick harry could register a UK company, virtual office & start scamming?

[biggbox]

Looking back, I realised there were several HYIPs that claimed to have registered UK offices and registered addresses. They even produced a certificate of registration.


Remember platinum-fund.com and several others? They claimed to be officially registered in the UK and have a UK address.

[james.lent]

It's common nowadays for hyip's to claim they're registered 'somewhere' . It's known as virtual offices , it doesn't exist physically and it's very easy to register one.

Check this thread for an example : https://bitcointalk.org/index.php?topic=1186667.0

[zodiac3011]

anything can be faked and anything online can be easier to fake LOL. Especially when you are playing ponzi, don't expect anything to be real 

[Stroto]

I always thought in the UK you get a certificate of registration for free when buying a pack of cigs 

[kazetech]

I always thought in the UK you get a certificate of registration for free when buying a pack of cigs 

It`s not like that but for schemes is best to register in england, the law says you have to give 94% of income but the regulations do nothing

[tmfp]

I always thought in the UK you get a certificate of registration for free when buying a pack of cigs 

It`s not like that but for schemes is best to register in england, the law says you have to give 94% of income but the regulations do nothing

What is that supposed to mean?

[kazetech]

I always thought in the UK you get a certificate of registration for free when buying a pack of cigs 

It`s not like that but for schemes is best to register in england, the law says you have to give 94% of income but the regulations do nothing

What is that supposed to mean?

if you register a trade mark you re ok, if you are not you get under regulations

[biggbox]

I always thought in the UK you get a certificate of registration for free when buying a pack of cigs 

It`s not like that but for schemes is best to register in england, the law says you have to give 94% of income but the regulations do nothing

Mind elaborating further?

[biggbox]

I always thought in the UK you get a certificate of registration for free when buying a pack of cigs 

Come on, I'm sure UK is not the most regulated country around.

[kazetech]

I always thought in the UK you get a certificate of registration for free when buying a pack of cigs 

Come on, I'm sure UK is not the most regulated country around.

Exactly.

[biggbox]

My point of this discussion is: Why are scammers choosing UK to register their 'business'? Are there reasons behind it? It looks to me you don't need to be a UK resident to register such 'businesses'?


Legitimate and long-term hyips are instead choosing more obscure countries for their business - for i.e merchantshares, pokeram .. they are registered in some off shore islands.

[tmfp]

My point of this discussion is: Why are scammers choosing UK to register their 'business'? Are there reasons behind it? It looks to me you don't need to be a UK resident to register such 'businesses'?

The UK has some sort of respectability among uneducated investors as a place of integrity. People who know better realise this is complete nonsense. Companies House specifically state that it is not their remit to investigate information given to them when a company is registered.
 

Legitimate and long-term hyips are instead choosing more obscure countries for their business - for i.e merchantshares, pokeram .. they are registered in some off shore islands.

Explain for me what a legitimate hyip is, please... (here's a clue: neither of that the examples you give are.)

[biggbox]

Explain for me what a legitimate hyip is, please... (here's a clue: neither of that the examples you give are.)

Whoops.   

[biggbox]

The UK has some sort of respectability among uneducated investors as a place of integrity. People who know better realise this is complete nonsense. Companies House specifically state that it is not their remit to investigate information given to them when a company is registered.

Has this UK registration thingy been going around for long? Or it only started recently with the BTC craze?

[tmfp]

The UK has some sort of respectability among uneducated investors as a place of integrity. People who know better realise this is complete nonsense. Companies House specifically state that it is not their remit to investigate information given to them when a company is registered.

Has this UK registration thingy been going around for long? Or it only started recently with the BTC craze?

Only about 170 years.... 

From https://en.wikipedia.org/wiki/Companies_House

"In February 2008, The Times and Computer Weekly broke a story that almost 4,000 of the names on the Companies House register of directors were on international watchlists of alleged fraudsters, money launderers, terror financiers and corrupt officials."