Adal Group: myth or reality?
An archetypal representative of the “kitchen” Adal Group with a weak mythology and an impressive backpack of negative criticism. Corrupted souls stand behind the creation of the company, full of faith in their own fabrications.
A whole set of burial equipment will appear on the website: compelling promises of immense profitability, fictitious names, statistics that do not align with facts. In addition to a clearly unsuccessful endeavor, the scamsters’ business is aimed at prosperity. But who foots the bill for the fraudulent game of “Adal Group”? Let’s delve into it in today’s review.
Main aspects of the fraudulent activity of “Adal Group”
According to legend, the wealthy of “Adal Group,” Karl Wagner and Rudolf Hoffer, are Neanderthal climbers. Unfortunately, there is no mention of their mountaineering past on the internet.
The men met in the distant 1993 in the Alps. When Rudolf headed the department of Österreichische Volksbanken AG (the banking group ceased operations in 2015, and Hoffer had no connection to it), Karl was a member of a private investment group.
According to official information, the company has existed since 1994. However, a domain check debunked the story of a 26-year-old experience. Scammers only appeared on the internet in June 2020. A clear sign – a flurry of destructive reviews.
Therefore, in 2017, the fraudsters did not release any mobile applications and did not make any grand discoveries in Grossglockner, Austria.
The visitation growth of the site adal-royal.com is capped at 50 visitors per day.
There is still a need to clarify the licenses. According to official information, the scammers’ headquarters are in Austria: Johann-Roithner-Straße 131, 4050 Traun.
However, at the bottom of the page, an offshore holding, CAS Markets Ltd, is mentioned, rumored to be operated by the fraudsters. The company is associated with a known address: Suite 305, Griffith Corporate Centre, Beachmont, P.O. Box 1510, Kingstown Saint Vincent and the Grenadines.
The resemblance to the resources of hundreds of similar forex scams like Tavrida, FxGen, TeraProfit, and so on, hints at the registration of CAS Markets Ltd.
Verification or refutation of the registration of CAS Markets Ltd is impossible due to the closed registry of shareholders and directors in this area.
Previously, the site contained information about the Cypriot organization Zroyal Deposits LTD (HE 404367), allegedly the payment agent of Adal Group. The registration number in the financial regulator’s database is not found. This company is also mentioned on the Credit Royal Group website, which recently closed down due to negative reviews.
There are no documents confirming the activities of Adal Group on the site. Users are only provided with “Terms and Conditions”. Client rights are ignored, forcing them to adapt to the scammers’ tune.
The scammers of Adal Group may suddenly change the trading platform or conditions. Legitimate brokers do not resort to such actions.
Contact information of Adal Group
According to reviews, the company’s leaders are reluctant to communicate with clients. The site lists a telephone number (+43125300250) belonging to a real estate agency. Emails remain unanswered.
The email address ([email protected]) is valid, but the company’s managers are not prompt in responding to complaints.
How does “Adal Group” attract clients?
Adal Group cannot afford generosity, offering only deceitful actions. 5 types of accounts are presented with an entry threshold starting from $250. The conditions are unoriginal: promises of a bonus up to 150%, personalized strategies, exclusive tools, and recommendations.
The company also offers asset management services with a 20% commission of the amount.
Traders’ reviews about “Adal Group”: what do customers say?
Investing in Adal Group is dangerous and expensive. Clients detail the sophisticated methods of the scammers and name the names of the sham consultants involved in deceitful schemes.
The essence of the Adal Group scam
The fraud model of Adal Group is banal: luring clients with promises of enormous income, presenting allegedly experienced analysts, and then simply blocking access, taking away money. The consultants’ names are fictional, and the numbers in the personal account are fictitious.
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Results of the final review of Adal Group
According to reviews, the fraudsters of “Adal Group” do not treat pensioners and people in difficult life situations kindly. Their main concern is revenue, so they mercilessly extract money from traders’ pockets.
It is better not to trust the creators of Adal Group, as they have no conscience. Find a more reliable broker to avoid losses.
