Beware of avorcapitaltrade.com scam!

A person was scammed out of $1,250. The scam involved creating a crypto.com account, purchasing $250 in Bitcoin, and transferring $1,000 to avorcapitaltrade.com. When the victim’s “investment” was claimed to be over $20,000, the scam demanded an “account upgrade” fee of $2,958 for KYC verification.

Receiving Wallet Address: bc1qgztkvy6jsc8zkmzgarlsw75pd0mpgvdh4kvmt

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Domain Analysis

Avorcapitaltrade.com, a domain registered on February 16, 2024, through Realtime Register B.V., is associated with a sophisticated cryptocurrency investment scam. The domain registration details reveal that the website’s ownership and administrative contacts are protected under privacy services, hiding the true identity of the operators. The domain is set to expire on February 16, 2025, and has been updated as recently as May 1, 2024. Hosting services are provided by Hostinger International Limited, based in Phoenix, United States, with the IP address 195.179.236.37.

Avorcapitaltrade.com has no significant search traffic, indicating its primary reliance on direct fraudulent engagements rather than organic reach. The site’s backlink profile includes a few nofollow links from low-authority domains, emphasizing its minimal legitimate online presence.

Avorcapitaltrade.com Review

The content on avorcapitaltrade.com presents itself as a comprehensive investment platform offering various high-growth investment opportunities. The website claims to be operated by Avorcapitaltrade Group, which describes itself as a pioneer in commission-free investing. It boasts a global presence and access to multiple investment packages, including Forex PAMM/MAM, cryptocurrency, real estate, and more. The platform promises lucrative returns, high liquidity, and professional asset management tailored to novice and experienced investors.

The website emphasizes its commitment to investor success, citing extensive experience, a strong track record, and high ethical standards in asset management and cryptocurrency trading strategies. Avorcapitaltrade Group claims to manage substantial assets for various entities, including governments, pension funds, insurers, companies, charities, foundations, and individual investors. It highlights its investor-owned structure, which it argues aligns its success with that of its investors.

The website mentions that Avorcapitaltrade Group is fully regulated by the FCA (Financial Conduct Authority) and CySec (Cyprus Securities and Exchange Commission) and provides additional protection through an insurance policy for invested funds. It claims to have a presence in over 40 locations worldwide, ensuring close proximity to investors and providing top-quality investment services.

The website provides contact details, including the address 350 5th Ave, New York, NY 10118, United States, and the email address admin@avorcapitaltrade.com. The operational hours are Monday through Friday from 08:00 to 22:00, with closure on weekends.

Red Flags

Despite these detailed claims and professional presentation, there are several red flags indicative of a scam:

1. Privacy-Protected Domain Registration: Avorcapitaltrade.com is registered under privacy protection, concealing the registrant’s identity. Fraudulent websites often use this tactic to avoid detection and accountability.
2. Recent Domain Registration: The domain was registered on February 16, 2024, indicating it is relatively new, which is uncommon for a company claiming extensive experience and significant managed assets.
3. High Returns and Guarantees: Promises of high returns and guaranteed success are typical of investment scams. The website uses phrases like “lucrative returns” and “guaranteed protection,” which should be approached skeptically.
4. Lack of Transparency: The website lacks detailed information about the people behind the operations. Legitimate investment firms typically provide biographies and qualifications of their key personnel.
5. Generic and Overly Positive Reviews: The site features unspecified positive reviews, which scams often use to build false credibility. There is no way to verify these reviews independently.
6. Pressure Tactics and Additional Fees: The website pressures investors to pay additional fees under the guise of account upgrades and KYC verification, common tactics used to extract more money from victims.

Avorcapitaltrade.com Reviews

Avorcapitaltrade.com presents itself as a sophisticated investment platform with full regulatory compliance, including being regulated by the Financial Conduct Authority (FCA) and Cyprus Securities and Exchange Commission (CySec).

Despite these claims, multiple sources flag avorcapitaltrade.com as a scam. The FCA explicitly warns against dealing with this firm, stating, “This firm may be providing or promoting financial services or products without our permission. You should avoid dealing with this firm and beware of scams” (FCA). The FCA further clarifies that Avorcapitaltrade Group is not authorized to operate in the UK and may target UK residents without proper authorization. This warning highlights that dealing with this firm means investors are not protected by the Financial Ombudsman Service or the Financial Services Compensation Scheme, increasing the risk of losing their money without recourse.

Other sources, such as WebParanoid and Cybertrace, have also labeled avorcapitaltrade.com suspicious or flagged in scam alerts. WebParanoid mentions that “scammers often mass-create websites and use the same design,” indicating a pattern of fraudulent behavior associated with avorcapitaltrade.com. Cybertrace lists avorcapitaltrade.com in its scam website alerts, reinforcing concerns about the platform’s legitimacy.

Bottom Line

In evaluating the legitimacy of avorcapitaltrade.com, the evidence overwhelmingly indicates that it is a sophisticated scam. Despite the website’s professional appearance and enticing promises of high returns and comprehensive investment opportunities, the numerous red flags and authoritative warnings cannot be overlooked. The Financial Conduct Authority’s explicit caution against this firm underscores the serious risks involved, highlighting that avorcapitaltrade.com operates without proper authorization and leaves investors unprotected.

Further compounding the concerns are the findings from independent sources like WebParanoid and Cybertrace, which have flagged the site as suspicious and included in scam alerts. The use of privacy-protected domain registration and the website’s recent creation date suggest attempts to obscure the identities of those behind the scheme. The claims of regulatory compliance and extensive experience are contradicted by the lack of verifiable information and the FCA’s clear statements.

In light of these points, it is evident that avorcapitaltrade.com is designed to deceive and exploit unsuspecting investors. The pattern of fraudulent behavior, combined with the substantial warnings from reputable sources, makes it clear that engaging with this platform poses significant financial risks.