We have received a tip from a client of Premium Capital Trade that the crypto investment scheme is still active despite several warnings. The UK Financial Conduct Authority (FCA) has already issued an investor warning in January 2021, stating that the investment scam is doing business as Copy Trade Capital and Premium Trade Capital. The scam scheme is allegedly operated by Premium Capital Trade (UK) INC and other fake entities with different addresses in the United Kingdom.
We have already warned several months ago about the crypto scam which is currently still active with the brand Premium Capital Trade (a/k/a PremiumCapitalTrade) and the domain www.premiumcapitaltrade.com. On Trustpilot, reviewers have been issuing scam warnings for several months now.
We found Premium Capital Holding Ltd, controlled by Wleed Ul Haq, using the company registration number and Birmingham address provided on the website. A whistleblower informed us that Premium Capital Investment Holding Limited registered in the UK and controlled by Italian Gianfranco Faieta would also part of the scam.
The crypto Investment scam offers various investment plans to potential victims under different brands and domains and promises daily payouts with completely unrealistic returns. Deposits are only possible via cryptocurrencies.
We have discovered a similar crypto scam with Capital Trade (www.capital-trade.uk), which may or may not be operated by the very same scammers. No matter who operates this Capital Trade scam, stay far away from it.