MAJOR SCAM ALERT: digitalassetsprogram.com Fake Investment Scheme

[JollyGood]

MAJOR SCAM ALERT
digitalassetsprogram.com
FAKE INVESTMENT SCHEME

When most modern day thieves decide to carry out a crypto-related theft, scam and fraud it is a fact that one of the key components is a neat looking, user friendly and easy to navigate website. The website is central to the fraud as it is the main avenue for scammers to send out their message in an attempt to fool investors.

When investigating digitalassetsprogram.com by browsing their website and running a few basic background checks things become very clear that this a major scam.



WEBSITE HOME PAGE
This is the link for the About Us page: https://digitalassetsprogram.com

A quick glance at the digitalassetsprogram.com website clearly shows a run of the mill tatty looking website using a 3rd rate logo design and lots of animated bitcoin and USD$ gifs floating around. There is nothing impressive or enticing about it. The logo is a complete disaster too.

The only thing that stood out was the astonishing claim they made which I have captured below:







- CLAIM #1: if you send them $100 worth of BTC for 24 hours they will give you $104.2‬0 worth of BTC

- CLAIM #2: if you send them $500 worth of BTC for 96 hours they will give you $600 worth of BTC

- CLAIM #3: if you send them $1000 worth of BTC for 24 hours they will give you $1,300‬ worth of BTC

- CLAIM #4: if you send them $3000 worth of BTC for 30 days they will give you $12,000 worth of BTC (@ $300 daily x 30 days = $9000 + original $3000)


In the examples above I have used the minimum amounts the scammers have stated themselves rather than the percentages but either way the scale of the scam can be seen in the screenshot posted above.

All of their claims are blatantly designed as a ruse to fool investors in to sending crypto but claim #4 is mind-boggling because no bank in the world would ever take $3000 from an investor only to return $12,000 to them 30 days later so how can this two bit trash website be at the forefront of a banking investment structure that both defies logic and reason?



ABOUT US
This is the link for the About Us page: https://digitalassetsprogram.com/?a=cust&page=about



What you see below is the one page on any website where any company can listed information upon information about itself to allow those viewing it to learn about the company and people behind it but these scammers have put nothing of substance, nothing to provide real information.

They do however showcase their incorporated company for DIGITAL ASSETS GROUP LIMITED using the words "Our Comapany Certificate"  

Code:

Read on to know more about Digital Assets Program.

The history of Digital Assets Program company has its roots in the period of rapid development of the cryptocurrency market, its rapid global expansion since 22 January 2018.
We are an ambitious team, which consists of specialists in computer engineering arena , who are enthusiastic about Bitcoin mining & trading.
We started creating our own trading strategies, accumulating and interpreting the knowledge gained during the period of analysis, perfecting and adjusting them to the current market trends.
Over the past few years, we have been making huge financial gains. For Bitcoin mining, the Digital Assets Program team began construction and organization of mining farms with latest
technology computers which enabled mining at great speeds.

The main objective of our offering is attracting investments for our company, continuation of Bitcoin mining along with profitable trading and sharing the returns with our investors.
Experts of Digital Assets Program firmly believe in the prospects of Bitcoin, the most traded cryptocurrency by volume. We have put great efforts to provide our clients with a user-friendly
profit making investment platform. Also, the developers are real technical mavericks, whose vision to create a unique investment system has become successful. Also, you can be sure of security since
we ensure that no one will access your data without consent. 

TERMS & CONDITIONS:
This is the link for the About Us page: https://digitalassetsprogram.com/?a=rules

Reading through it, the words hideous and ridiculous come to mind.

The scammers have accidentally written "Digital Assets Program Limited" instead of "Digital Assets Group Ltd" on 6 six occasions in the Privacy section of their Term and Conditions.

Just to be on the safe side I checked and there is no sister company registered as "Digital Assets Program Limited"

website terms and conditions:

Code:

    1.Use of Digital Assets Program is permitted to persons who have reached the age of majority (18 years), and only in condition that it does not violate your country's laws.

    2. Digital Assets Program project does not require your personal data, use of the site is anonymous:

        2.1 We do not require the provision of copies of official documents, passport details, addresses and contact details.

        2.2 For correct work in the system, you must enter a valid email address required to restore access to your account in case of its lost. At the same time, we will not disclose your e-mail and not use it for any personal use, excluding cooperation in the framework of the project.

        2.3 The organizers do not disclose information about its users (login name, password, e-mail) to third parties.

        2.4 Project Management reserves the right to inform the participant of the project on important news and changes in the work of technical force majeure, by sending letters via e-mail.

    3. An investor may not have more than one account in the system - identified cases of multiaccounting will be blocked, and the money in the accounts be frozen without the possibility of their return.

    4. Digital Assets Program company is officially registered in the UK and operates in accordance with the laws of that State. In addition, the project has the right to carry out

    International investment activities:

        4.1 The Company is cooperating with the investors only through this website.

        4.2 Digital Assets Program is not responsible for the actions of investors who can disrupt the law of the country of residence.

        4.3 The management reserves the right to refuse a project participant in the service if he or she violates the rules of the system.

    5. Digital Assets Program is not responsible for the delay of payments and transfers through the Bitcoin system.

    6. Digital Assets Program company is not a public entity and is not obliged to report on its profits to investors or third parties.

    7. All project participants are eligible to become partners and representatives of the company and to receive affiliate commission for attraction of new users.

    8. Digital Assets Program project is not responsible for the illegal actions of participants of the project aimed at expanding the referral structure by actively sending spam. At the same time, the project reserves the right to block the user accounts, which carry out such activity, to determine the causes.

    9. By accepting the terms of cooperation and registering on the site, you are aware that any investment activity carries with a certain risk.

    10. Digital Assets Program Company reserves the right to amend and supplement the existing terms of the system, without informing the participants of the project - the investors must view this section of the site by themselves and to take into account the changes, as these terms of cooperation are binding for users.

Privacy Policy:

You agree that all information, communications, materials coming from Digital Assets Program Limited are unsolicited and must be kept private, confidential and protected from any disclosure. Moreover, the information, communications and materials contained herein are not to be regarded as an offer, nor a solicitation for investments in any jurisdiction which deems non-public offers or solicitations unlawful, nor to any person to whom it will be unlawful to make such offer or solicitation.

All the data given by a member to Digital Assets Program Limited will be only privately used and not disclosed to any third parties.

Disclaimer & Limitation of liability:

You agree to hold all principals and members harmless of any liability. You are investing at your own risk and you agree that a past performance is not an explicit guarantee for the same future performance. You agree that all information, communications and materials you will find on this site are intended to be regarded as an informational and educational matter and not an investment advice. Digital Assets Program Limited is not responsible or liable for any loss of data.

We reserve the right to change the rules, commissions and rates of the program at any time and at our sole discretion without notice, especially in order to respect the integrity and security of the members' interests. You agree that it is your sole responsibility to review the current terms.

Digital Assets Program Limited is not responsible or liable for any damages, losses and costs resulting from any violation of the conditions and terms and/or use of our website by a member. You guarantee to Digital Assets Program Limited that you will not use this site in any illegal way and you agree to respect your local, national and international laws.

Use of Site:

Don't post bad vote on Public Forums without contacting the administrator of our program first. Maybe there was a technical problem with your transaction, so please always clear the issue with the administrator.

We will not tolerate SPAM or any type of UCE in this program. SPAM violators will be immediately and permanently removed from the program.

Digital Assets Program Limited reserves the right to accept or decline any member for membership without explanation.

If you do not agree with the above disclaimer, please do not go any further.

COMPANY ADDRESS:
DIGITAL ASSETS GROUP LIMITED are heavily promoting a UK address at every possible stage on their website claiming or implying it is their location and their office:

101 Rose Street South Lane, Edinburgh, Midlothian, Scotland, EH2 3JG

There are a staggering 69,000+ companies that have been associated with that same address: https://beta.companieshouse.gov.uk/search?q=101+rose+street+EH2+3JG

Their company address is nothing more than a mailing address which they use on their website to fool people and all companies registered in the UK must have a Registered Office address made available to the public. Some of these mailing addresses for hire in the UK can cost just £36 per year which is around 41 EUR per year or $46 USD per year.

No legitimate UK company that claimed to have a UK office would ever advertise a non-UK contact number and state it was only for use with Whatsapp when the company is supposed to be professional entity offering lucrative returns to investors.


UK COMPANY REGISTRAR:
The link gives information about the company at Companies House: https://beta.companieshouse.gov.uk/company/SC586438

A quick search shows the company was registered/incorporated on 22nd January 2018 and their micro account filed on 31st January 2019 shows a great example of deliberate misdirection. It shows assets worth over £684,000 which is around 795,000 EUR or around USD$885,000.

This is a common trick used to fool prospective investors because for example, they could value a pencil or pen or even a paperclip at any amount they wanted and label that as an asset but never declare what the actual asset was and only list the value according to them. Then they will show the company has debts, in this case it owes a little bit more than the value of the stated asset therefore on the loss/profit balance sheet they show a much lower financial figure otherwise the UK Tax Department will chase for tax on assets that just do not exist.

This company never has and never will pay any tax to the government. Before its next filing is due they will probably exit and start up another fake company. Maybe they already have several running side-by-side but have not been located yet.

Full details can be seen here: https://beta.companieshouse.gov.uk/company/SC586438/filing-history

In its filing history pdf it clearly shows a sole Director/Owner called Slawomir Zielinski and shows him as owning 10 shares at just £1 each. The company has a total nominal share value of just £10 (which is around 11.50 EUR and around USD$12.70) so do not be fooled at all by the deceit and attempts and misdirection by the scammers stating it has assets worth USD$885,000. No they do not. The truth is the company shares are valued at just USD$12.50.

Slawomir Zielinski is a Polish citizen born in 1994. His address in Scotland, UK shows the same mailing address as DIGITAL ASSETS GROUP LIMITED so he does not live at that address. Can I be sure the Polish ID used to create the company was stolen and used without consent of the person it belong to? I cannot say it if was stolen or not because I would be guessing but the website and project is a major scam.



SOCIAL MEDIA
They have no social media presence and use only Telegram and a non-UK contact number for Whatsapp as shows in the screenshot above.

As far as Telegram is concerned they use it to send PMs inviting potential victims to this scam. The Telegram link in the website is not connecting but they use Telegram as a tool to contact people then try to fool them in to "investing".

They pretend to be female Admin team members then go to various crypto groups in Telegram and send unsolicited PMs to start the duping process. Thanks to them sending a message to me I started investigating and I made this thread otherwise I would probably never have heard of them until victims starting making Scam Accusation threads in the near future.



SUMMARY
They also claim to have datacentres around the world but their WHOIS shows the DNS going to Namecheap (http://whois.domaintools.com/digitalassetsprogram.com)





If putting aside all information from the Company registrar and the fact they listed the name of their own company wrong at least 6 times in their own Terms and Conditions and skip past the manner in which the "team" infiltrate other Telegram crypto groups to send PMs inviting potential victims to this scam. Put aside their lack of real phone number and using a non-UK number for Whatsapp, skip past their FAQ section where they re-enforce their message of having a UK company registration means they are a genuine business and instead just look at the astonishing claims made on their "investment plans".

Maybe, just maybe they will send back $104.20 worth of BTC to an investor who sends $100 but that would be the ideal way to win trust and ask for an amount that will not be returned.

One other way of looking at this scam is as a ponzi scheme if they used it as a pyramid to take money from one investor and give it to another but I am sure there is no transfer at all.

These scammers are using a tatty grim looking website as a tool to scam gullible investors or those that see photographs of scantily clad women who claim to be admin team members working for Digital Assets Group Ltd using Telegram to entice. Those pictures are obviously taken from social media accounts of women who have no idea a new online fake identity has been created using them and have no idea they are being used to promote this scam.

What I can say for sure is that no bank in the world would ever give take $3000 from an investor only to return $12,000 to them 30 days later.



EVERYBODY IS ADVISED TO STAY AWAY FROM THIS SCAM

[fratoshi]

Good find.

I also can notice that they are showing the registration papers of the company, but is all pixelated and hard to read, this seems very shady

http://prntscr.com/pqxdvr

[Deathwing]

Damn, I would just say it's another Ponzi but you went several levels beyond and investigated their shares? Now that's definitely worth some merit right there. Also did anyone basically notice how many Ponzi scheme sites are starting pop up yet again? The market is alive again, as it seems.

[JeromeTash]

Damn, I would just say it's another Ponzi but you went several levels beyond and investigated their shares? Now that's definitely worth some merit right there. Also did anyone basically notice how many Ponzi scheme sites are starting pop up yet again? The market is alive again, as it seems.

Surely they are on the rise, and they really love hiding behind bitcoin's success and price rise. They actually use the price rise as one of the ways to convince ignorant people to invest in their "packages"


OP, great job exposing the scammers. I loved that detailed analysis 

[JollyGood]

Damn, I would just say it's another Ponzi but you went several levels beyond and investigated their shares? Now that's definitely worth some merit right there. Also did anyone basically notice how many Ponzi scheme sites are starting pop up yet again? The market is alive again, as it seems.

Yes the market is definitely alive again and the scammers out there trying to make a quick buck at the expense of gullible investors. I mean think about it, they are stealing photographs from genuine social media accounts of women and then using them to pose as Admin for the website in Telegram. They go to various crypto related Telegram chats to sending unsolicited PMs in order to entice investors with promises of riches.

At first glance I also thought it was a simple ponzi scheme because of the scam ROI plan but after looking in to it further it was clear that they had no intention of having a pyramid system when they could simply keep all the funds received for themselves.

I am still fairly confident the $100 investment plan is put there deliberately as a dangling carrot. They want investors to go for that one first so they can send back $104.20 to win the trust of the investor and then hope to get the $500, $1000 or the $3000

Surely they are on the rise, and they really love hiding behind bitcoin's success and price rise. They actually use the price rise as one of the ways to convince ignorant people to invest in their "packages"


OP, great job exposing the scammers. I loved that detailed analysis  

Thank you, I wanted to provide some compelling evidence instead of the just the obvious "investment plan" so looked deeper and presented as best what I could.

It really is sad that scammers are making money by effectively finding ways to steal Bitcoin from those that are part of our crypto community.

I hope investors always follow the simple age-old rule: ... if it looks too good to be true, it probably is ...

[Coinfan]

This seems another High-yield investment program (HYIP), that like most of them are just Ponzi schemes.

No legitimate investment program can pay those kind of profits.

The firsts to jump on board will be paid a few times in order to keep appearances, but as soon as they receive some deposits, the site will disappear without a trace, just to pop-up again, with the same layout but a different name and address soon.

[watergold]

Damn, I would just say it's another Ponzi but you went several levels beyond and investigated their shares? Now that's definitely worth some merit right there. Also did anyone basically notice how many Ponzi scheme sites are starting pop up yet again? The market is alive again, as it seems.

Surely they are on the rise, and they really love hiding behind bitcoin's success and price rise. They actually use the price rise as one of the ways to convince ignorant people to invest in their "packages"

There is already a certificate to convince many people that the investment here is real, I still would not believe about an investment like this on the basis of the same Ponzi scheme, only people who do not know deeper will enter it.

https://tawk.link/5a188fd7198bd56b8c03d334/vc/5c5c3473f2b8e1e1b6c9ed96/v/44eb6865a098cb5229c0a42e2f0191ec9553503d/application-pdf_(31).pdf

[Chrystora123]

these types of companies are starting to appear more and more, the possible because of the effects Bitcoin price rising..  a few days ago I got an email from an investment company that is not well known, they offer a big ROI to me;

• if you invest $ 100 it will get $ 150 within 60 days, multiples continue to apply
• then if you invest $ 1000 it will get $ 1500 within 60 days

to be honest.. if you look at the high ROI they offer it's natural that I'm interested, but I'm not interested in joining because I know that this kind of company can't be trusted, they only take advantage of our greedy nature and then deceive us.

Congratulations to @OP.. this is a big catch  

[JollyGood]

This seems another High-yield investment program (HYIP), that like most of them are just Ponzi schemes.

No legitimate investment program can pay those kind of profits.

The firsts to jump on board will be paid a few times in order to keep appearances, but as soon as they receive some deposits, the site will disappear without a trace, just to pop-up again, with the same layout but a different name and address soon.

It is the fact they are using Telegram to join various crypto groups and then sending PMs to men by pretending to be women. This is part of the scam too. They steal photos of scantily clad women and use them in their profiles while acting as admins for them on Telegram

There is already a certificate to convince many people that the investment here is real, I still would not believe about an investment like this on the basis of the same Ponzi scheme, only people who do not know deeper will enter it.

https://tawk.link/5a188fd7198bd56b8c03d334/vc/5c5c3473f2b8e1e1b6c9ed96/v/44eb6865a098cb5229c0a42e2f0191ec9553503d/application-pdf_(31).pdf

That certificate of incorporation is real, the company is registered but it costs less than $50-$60 to register a company in the UK. It does not make their business real or make its intentions scam-free.

In this case, all is clear about the scam.

[Coinfan]

This seems another High-yield investment program (HYIP), that like most of them are just Ponzi schemes.

No legitimate investment program can pay those kind of profits.

The firsts to jump on board will be paid a few times in order to keep appearances, but as soon as they receive some deposits, the site will disappear without a trace, just to pop-up again, with the same layout but a different name and address soon.

It is the fact they are using Telegram to join various crypto groups and then sending PMs to men by pretending to be women. This is part of the scam too. They steal photos of scantily clad women and use them in their profiles while acting as admins for them on Telegram

If they are using schemes like fake pictures and impersonating women to attract foolish male investors, that is another major red flag.

Sites that use those methods are known for using private conversations and compromising details to blackmail people.

https://en.wikipedia.org/wiki/Sextortion

[SLbit]

NEED HELP

One of my friend has invested some money on https://digitalasetgroup.com/ and now he cannot make the withdrawal. First few months the company has paid interest on time but after making a big deposit, they are not paying. Not only that, company requests to pay more money as late fees to make the withdrawal but they are not paying.

https://digitalassetsprogram.com  and  https://digitalasetgroup.com/ are the same SCAM?

Is there any way to withdraw capital from these people?
Can he take any legal action against the company?

Please need advice..

[JollyGood]

Yes it is the same scammers behind Digital Assets Group, Digital Aset Group, Biteasy Ltd and others no doubt. They are using the same certificate at Companies House and promting on this website with the spelling discrepancy: https://digitalasetgroup.com/certificate.pdf

https://bitcointalk.org/index.php?topic=5223764.0 (Biteasy Ltd)

Sorry these people will not return anything to your friend because they are scammers, thieves and general low-life lowest of the low.

Your friend should report them to the UK police starting with an online report: https://www.actionfraud.police.uk/

NEED HELP

One of my friend has invested some money on https://digitalasetgroup.com/ and now he cannot make the withdrawal. First few months the company has paid interest on time but after making a big deposit, they are not paying. Not only that, company requests to pay more money as late fees to make the withdrawal but they are not paying.

https://digitalassetsprogram.com  and  https://digitalasetgroup.com/ are the same SCAM?

Is there any way to withdraw capital from these people?
Can he take any legal action against the company?

Please need advice..

[szielinski]

Given the fact that my personal data has appeared in the context of criminal activities, with which I have absolutely no connection, and which could wrongly associate me with these actions or even unjustly make me a suspect, I have decided to clarify this matter publicly. My goal is not only to clear my name but also to enlighten the community about the methods of cybercriminals and fraudsters and the potential consequences of their actions, which is crucial in preventing similar cases in the future.

Introduction and background:
As a trader on the now-defunct LocalBitcoins, my transactions and reputation were always lawful and ethical. Regrettably, criminals used my (and others') data to mislead potential investors and possibly obscure the paths leading to the true perpetrators of criminal activities.

During my activity on LocalBitcoins, I encountered various types of fraud. Often, fraudsters would initiate cryptocurrency purchase transactions and, upon receiving my transfer details, use this information to deceive others by suggesting I was the beneficiary of their payments for non-existent transactions. Consequently, my banking details and surname could be wrongfully associated with criminal activity, risking wrongful linkage to actions for which I bore no responsibility. I might describe the most spectacular cases with international scope in the future.
I initially conducted transactions without a company, but as the volume of transactions grew and I sought to address tax matters related to cryptocurrency income, I decided to establish my own company, which was described by the post author and erroneously linked to criminal activities. For this purpose, I collaborated with an agent who advertised as an expert in tax advice and optimization for the cryptocurrency industry. One of my first suspicions, for which I found no proof, fell on this agent due to their questionable standards.

Discovery of abuse:
Discovering that my company was exploited by fraudsters came as a shock. This information reached me through a friend who stumbled upon a forum post and decided to inform me. I immediately contacted the post's author to delve into the subject. My initial suspicions were various. The first suspect was the agent I collaborated with to establish the company, due to prior doubts about their safety and privacy standards. Another hypothesis was an attempt to deliberately discredit me, though further investigation found no direct evidence. I also considered that someone I personally knew or had traded with on LocalBitcoins could be behind the fraud. Ultimately, the analysis suggested that fraudsters were using data from various companies, choosing victims based on data availability rather than personal conflict, making my publicly available data an easy target.

Private Investigation:
In my private investigation, the starting point was information and links to websites mentioned in this thread, leading me to a deeper inquiry.
https://digitalassetsprogram.com

https://digitalasetgroup.com/

And in another related post(https://bitcointalk.org/index.php?topic=5223764.0):
https://biteasyltd.com/
Using the Archive.org service, I was able to access archived versions of websites that no longer exist, enabling an analysis of their content and how fraudsters used false company data. Particularly revealing were snapshots of sites like biteasyltd.com and digitalassetsprogram.com, providing insights into the fraudsters' methods.
https://web.archive.org/web/20200502160244/https://biteasyltd.com/
https://web.archive.org/web/20191118164602/https://digitalassetsprogram.com/
I analyzed several websites where the use of similar templates and operational methods indicated they originated from the same perpetrators. The recurring appearance of the same registration data across various sites, along with errors in descriptions and corporate registration documents, further confirmed their fraudulent nature. Examples of sites identified as part of the fraud network include:


• https://www.dailyfxcryptotrader.com/?a=cust&page=about
• https://polaris-capital.org/?a=cust&page=about
• https://www.titan-royalfree.org/?a=cust&page=about
• https://www.corniscrypt.net/?a=cust&page=about
• https://ameriswissfxexchange.com/about
• https://coshmcapitals.us/
• https://algrowthcapitals.com/?a=cust&page=about
• https://apextradeplus.com/?a=cust&page=about
• https://www.venusfinancedigitaltraders.com/?a=cust&page=about
• https://bluetradingfx.com/?a=cust&page=about
• https://cointradevestlimited.com/?a=cust&page=about
• https://www.exparttrades.com/
• https://globe-trades.pro/?a=cust&page=about

A thorough analysis of these sites helped me better understand how fraudsters create the illusion of legitimate operations to mislead potential victims and confuse or destabilize law enforcement efforts. I will continue my investigation to delve deeper and document this criminal activity, with my findings intended to serve as a warning to others against similar threats.

The websites I'm going to describe are currently operational. The first one, www.dailyfxcryptotrader.com, uses a slightly modified template from https://digitalassetsprogram.com/. The certificate of incorporation indicates a British company, QOIN LTD, with the number: 13372090, but a completely different number (114921234), not found in Companies House, is mentioned in the description -  https://find-and-update.company-information.service.gov.uk/company/13372090
The site occasionally displays enticing pop-ups like: "Someone from United Kingdom just Invested 27 000$", "Someone from Germany just Invested 6 000$".
In the footer of the website, despite indicating the certificate of the company QOIN LTD, the details do not match those in Companies House.

Code:

screen 1.
https://digitalassetsprogram.com/ - Nov 2018
https://web.archive.org/web/20191118164602/https://digitalassetsprogram.com/

https://i.postimg.cc/85rNJ1Cv/screen1.png

Code:

screen 2
www.dailyfxcryptotrader.com - 27.03.2024

https://i.postimg.cc/6qc6Vtkp/screen2.png

Code:

screen 3
footer address not match those in Companies House

https://i.postimg.cc/brsVgRMS/screen3.png

Code:

 
QOIN LTD
Company number 13372090

https://i.postimg.cc/B68wcgRL/screen4.png

Another website, https://polaris-capital.org/?a=cust&page=about, lists in its "about us" section the company behind the venture as "POLAND, (Company Number: 114921234, Stanislaw Kowalski 98 Shirley Street 4209." The site features a graphic purporting to be the company's certificate, which doesn't even resemble a template for Polish companies certificate; it's completely fabricated. Additionally, the address lacks a city, and the postal code doesn't match the Polish postal code format. Moreover, the number listed on the company's certificate is the same as on the previous site (www.dailyfxcryptotrader.com), used when referencing the company QOIN LTD.

Code:

https://polaris-capital.org/?a=cust&page=about 27.03.2024

https://i.postimg.cc/9MjqJXnd/screen5.png

Another fraudulent website (https://www.titan-royalfree.org/?a=cust&page=about) in its "about" section points to a company registered in Argentina: Company Number: 114921234, YPF Tower, Macacha Güemes 515, Buenos Aires, Argentina. However, next to what they claim to be a British certificate, they list the same number previously mentioned on www.dailyfxcryptotrader.com pretending to be QQIN LTD, and on https://polaris-capital.org/ posing as a non-existent Polish company. On this website fraudster used same template as https://digitalassetsprogram.com/
At the address in Buenos Aires, there are many different companies. Below is a Street View of the office building at the indicated address.

Code:

https://www.titan-royalfree.org/?a=cust&page=about 27.03.2024

https://i.postimg.cc/LXN6LHK6/screen6.png

street view - YPF Tower, Macacha Güemes 515, Buenos Aires

https://i.postimg.cc/DfRmgw48/screen7.png

Another fraudulent website - https://www.corniscrypt.net/?a=cust&page=about. On this website, in the "about us" section, the fraudsters claim that a Swiss company is behind the venture and provide its details: Switzerland registered company, (ISO Number: 36664:2022,5, Avenue Theodore Flournoy Geneva, 1207 Switzerland). During the preparation of this website, the scammers made a mistake in the code, and before the company details, the name of one of the variables is visible: $settings.site_name}. The graphic next to which the text "Switzerland Company Number" appears is not actually a certificate of a Swiss company; its appearance differs significantly from the official template. A street view for the address: Av. Théodore-Flournoy 5, 1207 Genève, Switzerland, indicates that it is a residential block.

Code:

https://www.corniscrypt.net/?a=cust&page=about 27.04.2024

https://i.postimg.cc/JzKWnpbj/screen8.png

Code:

Théodore-Flournoy 5, 1207 Genève, Switzerland

https://i.postimg.cc/mZMfMLYL/screen9.png

Another fraudulent website - https://apextradeplus.com/?a=cust&page=about. On this website, in the "about us" section, the scammers do not specifically mention any company. Once again, a certificate pointing to the British company QOIN LTD appears, but they provide a previously recurring number that does not match the entry in the Companies House register.
After loading the page, a message also appears stating:

Code:

ATTENTION PLEASE... NOTE THAT ALL DEPOSITS/PAYMENTS SHOULD BE MADE DIRECTLY TO THE COMPANY ACCOUNT/ BITCOIN WALLET ADDRESS, NO PAYMENTS/DEPOSITS SHOULD BE MADE TO ANY ACCOUNT MANAGER.THE COMPANY WILL NOT BE HELD RESPONSIBLE FOR ANY LOSS THAT COMES WITH MAKING PAYMENTS TO ANY ONE OUTSIDE THE WEBSITE...THANK YOU FOR YOUR UNDERSTANDING AND COOPERATION... \n FOR MORE QUERY/ENQUIRY CONTACT US AT SUPPORT@APEXTRADEPLUS.com

Code:

https://apextradeplus.com/?a=cust&page=about 27.03.2024

https://i.postimg.cc/52Wd966d/screen10.png
https://i.postimg.cc/66D5R6yz/screen11.png

Another scam website - https://www.venusfinancedigitaltraders.com/?a=cust&page=about. On this page, in the "about us" section, the scammers again refer to a company with the following details (Company Number: 114921234, 4 Luke Street, London, United Kingdom, EC2A 4XW), using the non-existent and recurring number 114921234. The graphic next to the text "UK Company Number: #114921234" contains the text "The state of Washington," despite the provided details supposedly indicating a British company. The address provided in the footer of this page is: 1333 2nd St, Santa Monica, California, United States, 90401.

https://www.venusfinancedigitaltraders.com/?a=cust&page=about 27.03.2024

https://i.postimg.cc/XN21DXwc/screen12.png
https://i.postimg.cc/fTrFkkyT/screen13.png

Another fraudster's website - https://bluetradingfx.com/?a=cust&page=about. On this page, in the "about us" section, the scammers do not provide the company name. Once again, the non-existent UK Company Number #114921234 appears, while the certification indicates QQIN LTD as the company.

Code:

https://bluetradingfx.com/?a=cust&page=about 27.03.2024

https://i.postimg.cc/GmbQLCJh/screen14.png

Another fraudster's website - https://cointradevestlimited.com/?a=cust&page=about, referring to the non-existent Companies House number 114921234 and the company QQIN LTD.

https://cointradevestlimited.com/?a=cust&page=about 27.03.2024

https://i.postimg.cc/jjPPP3hk/screen15.png

The last website I found - https://www.exparttrades.com/?a=cust&page=about, once again referring to the non-existent Companies House number and certificate of the company QQIN LTD. The website differs slightly in its graphic design, but the layout and template are identical to the other cases.

28.03.2024 Update

Another scam website - https://globe-trades.pro/?a=cust&page=about. On this site, the scammers indicate Globe Trades LTD as the company behind the venture. The certificate presented is a graphic that does not directly indicate the company's registration certificate. The certificate is likely fake, purportedly issued by the Blockchain Council confirming membership in an unspecified association.

Code:

https://globe-trades.pro/?a=cust&page=about 28.03.2024

https://imgur.com/0kZ0VFz

Code:

https://www.exparttrades.com/?a=cust&page=about 27.03.2024

https://i.postimg.cc/QCtqQkC9/screen16.png
https://i.postimg.cc/wTnkNNpM/screen17.png

I also came across a Reddit post from a victim describing how the scammers operate.
https://www.reddit.com/r/Bitcoin/comments/r222oh/bitcoin_scam_by_valuetradeltd_registered_uk/
The website described in this case no longer exists, but its snapshot can be found on archive.org.
https://web.archive.org/web/20220614223127/https://valuetrade.ltd/

Reddi post made by Old-Power6548 2 year ago:

Bitcoin scam by VALUETRADE.LTD, registered UK Company
Hello good people.

I am 31 years old, and not very stupid, even though it might seem so when you finish this post.

I wish this doesn't happen to anyone else, and for that reason I write this here.

I will make it as short as possible. Excluding personal information

I was searching for opportunities to invest Bitcoin.

Found a company registered in the UK, number 08307335. Valuetrade LTD. In the past AAYAAN LTD. owned by Ali and Natasha Usman since 2012, seemed completely legitimate.

***They target people that invest in Bitcoin, through Telegram***

Diving in:

First, these are the facts:

They offer investment plans with earnings, in bitcoin, on a web-based system. Every investment plan has a price range, marked by fixed dollar margins:

Plans: (1) 0 - 499 (2) 500 - 2,999 (3) 3,000 - 14999 (VIP) 15,000+

Earning & Timelapse: (1) 10% in 1day (2) 30% in 2d (3) 50% in 7d (VIP) 100% in 21d

Rules: There are no deposit limits, no withdrawal fees, no delays.

Steps: Sign On in the website www.valuetrade.ltd , choose a deposit amount and plan, and make a transfer of chosen amount to a fixed wallet

Their wallet for me is 1HEyxoXoA3Wqwex6WmZhdm2YcoFq1uhg2q

The site uses a system that marks the bitcoin decimals in any transaction by a fixed dollar price, but transactions are tied to bitcoin decimals. This makes it so when transferring to a certain plan, whatever arrives is what counts, not your intention.

Service is done through a telegram group. I followed the group for a while before investing. 1,800 members with usually 100 online, and a constant hype of successful deposits and withdrawals. The client service is done on private messages in Telegram too.

Second, this is what happened:

(Decimals are Bitcoin. Timestamps are -3 GMT)

Deposits:

(1) Oct-29-2021 06:24:08 AM - Deposit - .00833 btc (504$)

(1) Oct-31-2021 01:26:00 PM - Deposit Return and withdrawal - .01089 (668$)

(2) Oct-31-2021 01:36:00 PM - Deposit - .01454 btc (880$)

I requested withdrawal as shown above, and received the full sum with this information:

Wallet bc1q58z7gwl3g2mfx83j0gc5w0e7l9lr0ux2lzggh5kyjuf05cfe27fsgyzlwx

Hash 4fbf7e56c65ea713a4c49dab29f41e179106c9fed8c57e0dbb20d0dee47f759e

The second deposit was frozen because I wasn't eligible to invest in the level 2 plan again, only once is allowed (NEW RULE). I was then offered the option to invest a larger sum that will be added to the frozen sum (2), and reflected in the website. So I deposited:

(2) Nov-12-2021 01:16:21 PM - Deposit - .048585 btc (3,125$)

A total of 3,990$ did reflect on the website, in the level 3 plan, 7 day time lapse.

This brought trust, and I deposited a sum to be reflected in the level 2 plan:

(3) Nov-13-2021 2:46:39 AM - Deposit - .047 btc (at moment of transfer it was 2,990$)

This sum was frozen too because it arrived over the price margin. (3,003$)

A solution was offered, another deposit will solve the issue:

(4) Nov-13-2021 2:47:51 AM - Deposit - .03761 btc (2,395$)

2 days elapsed, and this last deposit made its profit:(4) Nov-15-2021 01:29:04 AM - Deposit Return and Withdrawal - .04746 (3,122$).

Wallet 3PWnRCpmRV6ijCnWKo9xrgV9HeUkywBTpb

Hash 82aceb16c9d94fb7b479e07ddbcbe3afc7b109703189c87be6f7f01ea3b53f3c

I deposited once more with what I withdrew as follows:

(5) Nov-15-2021 03:36:36 AM - Deposit - .04486 (2,952$)

Total Deposit so far: ±9,945$

Total Profit so far: ±890$

And here it starts for real:

On the 16th, I get an e-mail saying I am eligible for a bonus reward. A sum 97,650$

But, there is a massive Rule change. I am told by the admin that I cannot withdraw my past investments until I complete the requirements.

Requirements**:**

Buy VIP membership and invest in a plan. (1) a non-refundable payment of 1,500$, and (2) an investment of above 15,000$. This will reinstate my withdrawal capabilities.

I paid for the VIP membership, through a direct wallet to wallet transfer, without the web interface:

(6) Nov-18 1:59 AM- Payment - .0251 (1,500$)

Wallet: 17XLrLmeUon47b4RtP3YiweaXH18rWsNBW

Hash: 5636ee939815569f507bc3b79376f1b443525420d08d3c58a1a3e2ee5bf4413c

6 hours later I took care of the second step, I sent 15,050$, which delayed 4 hours in arriving and reflected as 14,840$ on their system after a big bitcoin price dip.

(7) Nov-18 8:04 AM- Deposit - .25128 (14,840$)

Wallet: 1HEyxoXoA3Wqwex6WmZhdm2YcoFq1uhg2q

Hash: 4991d314815ae7e827a20d5251a83f206cfd9a445dd2b6e4a5f97836f671ef73

I am told by the admin that he is unable to manipulate the system.

the solution is to deposit again. Until then, this amount and all else is frozen.

At this point I ran out of bitcoin, and so, asking for help in the same telegram group Valuetrade has, a member that doesn't know me offers to complete the amount I am missing, since he trusts the company. This person from Telegram sends the missing amount:

(Loan) Nov-21 04:22 PM - Receive - .07549 (4,450$)

Wallet: 3McUqozvq4Fo4G6hLPi9JfoWjEHdiVURCM

Hash: 2c80aa5bb58c99f47ddfecf2936d33518b149fe4e5da95965b3743959f0e7129

As this completed the requirement, I immediately make my last deposit on this ride:

( Nov-21-2021 6:18:00 PM - Deposit - .26431 (15,700$)

According to agreement, all is now available for withdrawal.

By the time the admin responds hours later, he insists I have delayed too long and for that reason, the rules change again. Now there is a FEE of 10% on withdrawals, paid up front.

This is where I realised FINALLY that it is a scam. This is my current position. I am just delaying right now.

The person who loaned me money is probably a part of it, or the same person.

Total invested so far: 0.67 bitcoin worth about ±39,250$, not all of which was mine to start with.

(Not including 1,500$ VIP payment, and the loan of .07549).

Supposed account balance to withdraw: 111,979.10$

No negotiation has proved fruitful. He insists he has no power to manipulate the system and only a 0.1 deposit will allow me to withdraw 1 bitcoin. A new 5,000$ deposit for 50,000$ withdrawal. This deposit is done in the same way the VIP payment was made, sort of off the books, wallet to wallet.

I ask for information, proof, time, my investment back, anything. To no avail.

All I get is threats to act fast and deposit, or else rules change again.

I do not know why I didn't stop before, apparently there is something for me to learn here.

A wise man once told me, "Bitcoin came to teach something, to all of us"

I am lucky to have the family I have.

Done

Questions to this awesome community:

Does anyone think this is legit? Am I wrongly accusing?

Do you think it is possible for me to recover my losses?

Do you think it advisable to take legal actions against this company?

Does anyone know someone that might help me and my family with this situation?

I filed a report on ic3.gov.

I added all information and proof I could gather from the website and telegram, added what I could to this post. I have further information available.

I can't believe they scam like this and leave so much information available.

Please help warn people.

Help me get my family's savings back

Thank you for your time and dedication

Archived

In addition to the sources mentioned earlier, I came across additional information related to the scammers by querying Google. I found posts on Russian-language Facebook groups. Additionally, on the YouTube platform, I came across a promotional video linked to the Company Number: 114921234, often associated with British entities. However, this time, the number was linked to coinvastfx.com, purportedly a company registered in the United States. I also found a report on the website https://www.scamscavenger.tech/projectinfo?project=tradetrust.ltd reporting one of the scammer's websites as a scam.

Description under the YouTube video
https://www.youtube.com/@coinvastfx1574

coinvastfx.com is a United State registered company, (Company Number: 114921234, 2087 Goodnor Rd, Cleveland heights, Ohio, 44118) we are an 24/7 crypto-currency trading platform that works automatically, and it has been registered in the US company, we offer a no-experience trading method to help you remove unnecessary risks. Over the past five years, our experts have come up with a workable automated arbitrage trading software from manual strategic trading that help you earn a lot of money. In 2017, we made a record of $1million per day. From spot trading, futures trading and investment ICO project, we invested TRX and NEO heavily through our analysis and earned tens of millions dollars, we accept bitcoin, ethereum, lite coin, perfectmoney, advcash, payeer, bank wire.

Russian-language posts on Facebook groups indexed in Google under the phrase of the recurring non-existent British company number.
https://www.facebook.com/groups/mansar14/posts/3066864483562813/?_rdr

https://www.facebook.com/groups/mansar14/

I also found information about one of the scam websites using a Russian hosting provider with the following details:

Server IP: 185.178.208.134
Provider: Ddos-guard LTD
Region: Rostov Oblast
City: Rostov-on-Don
This may indicate that the scam is orchestrated by someone from Russia, or this location was chosen due to limited cooperation between Russian law enforcement agencies and their counterparts in Western countries. However, it's also possible that both options are true simultaneously.
https://i.postimg.cc/YqWLbJx3/screen18.png
https://i.postimg.cc/zD7yVgrY/screen19.png

Confronting the Scammers

In confronting the scammers, several steps were taken to address the issue effectively. Notably, my friend initiated direct contact with the scammers via live chat on March 28, 2024 (screenshots provided below). The objective of this confrontation was to ascertain the wallet addresses used by the scammers for further analysis of fund flow.

As a result of the conversation, three wallet addresses were identified, with only the TRX wallet containing 12 TRX deposited 22 days ago.

Scammers' Wallets:

Bitcoin Wallet:

Code:

bc1q6ycak5rkfwcxfspmlg472fwzk04u04y8wwe0hj

https://mempool.space/pl/address/bc1q6ycak5rkfwcxfspmlg472fwzk04u04y8wwe0hj
Ethereum Wallet:

Code:

0x212299af1d70b75172202D927c781Fbd10dA36f2

https://etherscan.io/address/0x212299af1d70b75172202D927c781Fbd10dA36f2
USDT (TRC20) Wallet:

Code:

TAUYGReLBbZfCK3WXP45YeufcWb9ft7nmY

https://tronscan.org/#/address/TAUYGReLBbZfCK3WXP45YeufcWb9ft7nmY
These actions mark a proactive effort to confront the scammers and gather crucial information regarding their operations, aiming to prevent further fraudulent activities and safeguard the community against potential harm. It is also important to note that, unfortunately, there is a lack of comprehensive accounts from victims online, and the available information is often fragmented.

https://imgur.com/mA2jcvX
https://imgur.com/yeUQimz
https://imgur.com/9PsDosk
https://imgur.com/W4WwydF
https://imgur.com/PFtQ6PP
https://imgur.com/fy3UOQM
https://imgur.com/6JxfP9g
https://imgur.com/92F46r3
https://imgur.com/q7PYrxS
https://imgur.com/McDizie
https://imgur.com/JwCslrw
https://imgur.com/jGJpk6R
https://imgur.com/vAmjReK
https://imgur.com/GSkQRfR
https://imgur.com/1v0gwnH
https://imgur.com/laeu72I
https://imgur.com/1oeVj0z
https://imgur.com/ww6JEOZ
https://imgur.com/JJx9lXK

The post will be updated with new information as it becomes available. Please contact me if you have been defrauded or have information about the wallet addresses or bank accounts used by the scammers.

I hope the information will benefit the community. I also hope that the perpetrators of this fraud will be brought to justice.