ProAxelCorePlc.com presents itself as a comprehensive banking service provider, claiming to offer personal and business banking, loans, credit card facilities, secure investment options, and debit card services. However, investigations reveal that ProAxelCorePlc.com is a fraudulent operation that exploits social media to market fake financial services, tricking users into sharing sensitive personal and banking information. Additionally, this platform has deceived users by requesting cryptocurrency payments for “loan processing fees,” only to vanish with the funds.

Fake Services and Data Exploitation

ProAxelCorePlc.com misleads users with promises of easy loan approvals and secure banking services, requiring only minimal documentation. Many users are drawn in by the platform’s claims of low documentation requirements for loans, but these promises are merely tactics to gather personal information. Users are asked to submit personal IDs, bank details, and, alarmingly. ATM PIN codes—a highly suspicious and unprofessional request that reputable financial institutions would never make.

One user reported a financial loss after being instructed to transfer funds via cryptocurrency for “loan processing fees.” This user sent $5,500 to the crypto receiving address bc1qqemnps68mu7pr88rje9celejh9navfhrxunpkx, only to realize that no loan would be provided and that they had fallen victim to a scam.

Domain Analysis: Short-Term Fraud Scheme

The domain information of ProAxelCorePlc.com shows that it was registered recently, in January 2024, with a one-year expiration—a typical sign of a short-term scam:

• Updated Date: 2024-01-21
• Creation Date: 2024-01-21
• Registry Expiry Date: 2025-01-21
• Registrar Abuse Contact Phone: +60.189836788

The recent creation date and short registration period suggest that ProAxelCorePlc.com was set up to quickly defraud users before disappearing.

Warning Signs and Red Flags

• Unrealistic Loan Offers: The platform promises quick loans with minimal documentation, which is unusual for legitimate financial institutions.
• Requests for Sensitive Information: ProAxelCorePlc.com asks users to provide ATM PIN codes, a highly inappropriate and suspicious request.
• Cryptocurrency Payments for Loan Processing Fees: Legitimate banks and lenders do not require crypto payments for processing fees.
• New Domain with Limited Online Presence: The domain was only recently registered, indicating that it is a short-term scam platform.

ProAxelCorePlc.com Conclusion

ProAxelCorePlc.com is a fraudulent banking and loan service that tricks users into disclosing sensitive information and transferring cryptocurrency under false pretenses. The platform has already caused a user to lose $5,500 in a fake loan processing fee. Avoid sharing personal information or sending funds to this site, and report any interaction with ProAxelCorePlc.com to the appropriate authorities.