Cryptolead-Inc Review – Is the broker a scam or legit?
Cryptolead-inc.com purports to offer profitable passive income opportunities; however, the reality is that it is likely a scam operation. If you wish to avoid losing your investment, then it’s best to stay away from this broker. Within its area of operations in the crypto niche, Cryptolead-inc.com provides no information on its staff and utilizes free stock photos on its website as staff members.
These factors illustrate just how deceptive and untrustworthy this broker is, making any investments or deposits extremely risky. Furthermore, the broker has acquired an FINCEN certificate for MSB registration; something which offshore scammers usually obtain through the usage of incorrect details. Read a complete Cryptolead-Inc review, and you’ll see that not all things are as good as they appear.
Address: 1 Holbein Place, London, United Kingdom, SW1W 8NS
Warning: Not recommended by review website like Scam Helpers
Regulated? Unregulated, Blacklisted, Scam
Domain Age Information of Cryptolead-Inc
|February 11, 2023
|1 month, 27 days, 11 hours, 57 minutes, 7 seconds
Is Cryptolead-Inc legit or a scam?
Cryptolead-Inc may present a Certificate of Incorporation issued by Companies House (CH), however, the CH is merely a registration service for limited companies and has no part in regulating the financial services industry in the United Kingdom. A search for this London-based broker on the Financial Conduct Authority (FCA) website shows that it is deemed an unapproved firm due to providing financial services without approval from authorized bodies.
Consequently, it can be concluded that Cryptolead-Inc does not have proper regulations, making it unsafe to entrust them with one’s money since there would be no legal protection. For these reasons, Cryptolead-Inc is seen here as a scam.
The Financial Conduct Authority (FCA) issued a public warning on March 29, 2023, against Cryptolead-Inc, suspecting that this broker may be unlawfully offering financial services or products in the UK.
Customer Reviews and Complaints
Following a thorough investigation of Cryptolead-inc.com, Scam Helpers has included this broker on the list of scam brokers 2023 warnings due to numerous unfavorable reviews and grievances expressed by traders.
Suspected fraudulent activities of CryptoLead-Inc.com –
The broker might have provided false information on their website.
The promises of rewards, withdrawal procedures, and other rules were misleading and meant to deceive investors.
They kept calling traders repeatedly and pressuring them to invest larger amounts than they can afford.
Promises of returns that seemed too good to be true were made.
Potential risks weren’t disclosed or even deliberately concealed from the webpage.
The broker could be located in places with no strict regulations and relatively simple company registration procedures, which makes them favorable locations for scam brokers.
Despite the opportunity of making a profit, any attempts to withdraw funds may be thwarted by illegitimate withdrawal rules and you may find yourself unable to pull out your money.
Do not stress if you have experienced financial losses from Cryptolead-inc.com. It is a common occurrence, and will likely occur again in the future. Even those who are vigilant with their investments may make an error, so it can be beneficial to use the mistake as a teaching moment.
Also, read High Trust Capital review to know about similar scams.
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