Meeting scammers: review of broker 770capital and victims’ feedback.
Review of the fraudulent company 770capital
Let’s look at the activities of the questionable institution 770capital. These scammers from the CIS are disguised under the legend of their regulation and international presence. But in reality, it turns out that the broker 770capital.com is just a regular “kitchen” for fraudulent schemes. Our materials and customer reviews testify to this.
Broker’s Profile
Pretending to be an “efficient and reliable modern service for trading in the currency market,” 770capital tries to win the trust of clients. The official website 770capital.com, which you will see in the screenshot below, represents the view platform of scammers. Additionally, 770capital presents itself as an international and reliable broker with extensive experience in financial markets. According to their claims, working with them should simplify and make your trading interaction more profitable. However, in reality, such promises only lead to financial losses and disappointment for clients.
Let’s start with the fact that the company Maxi Services Ltd manages the 770capital firm. Despite its offshore status and constant changes in registration, preference was given to Anguilla. Analysis shows that this tiny community is localized outside the country and nameless tax space. There is no indication of a connection to 770capital in the certificate, as it is issued to Maxi Services Ltd.
However, accusations of deception forced the scammers to change their offshore base — they moved to Saint Vincent and the Grenadines. This well-known offshore zone attracted 90% of the entire cohort of scammers, drawn by certain conveniences: no taxes and simple registration ($4,000 a year).
Things are different with the “license,” as the Maxi Services Ltd certificate is nothing more than a registration confirmation, not permission for financial activities. In other words, 770capital does not have a license to provide financial services, meaning their operations may be considered unlicensed and illegal.
Sad Conclusion
There appears to be a connection between 770capital and 770group — their similar core element and logos have raised suspicions. The Ukrainian company 770group even posted job vacancies on social media, despite non-competitive salaries according to client reviews. 770group actively recruits employees for the sale of financial services and customer service in online chats.
Fighting against information about their activities may lead to confusion: 770group is engaged in supposed investment activities and sale of financial services according to the provided icons. Both companies exhibit overt similarities and dishonest methods to convince of their reliability.
Fate of Hopeless Investments
The site 770capital.com promises favorable trading conditions, yet their intentions are deceitful. A minimum deposit of $500, low spreads, no commission, personalized service — all of these are just fake. Numerous negative reviews shed light on the true face of the scammers. They create a mirage for cunningly luring money and disappearing with it into the unknown.
Visible Discrepancy: Trap Called XCritical
770capital marketers tried to promote the XCritical platform for trading, sacrificing clients’ deposits. They have plenty of opportunities for trading manipulation, as platform management is exclusively done by scammers. Ignore this offer to avoid donations to the fraudsters.
Voice of the People: Negative Reviews
Clients share their misfortunes with 770capital. Day by day, they become victims of fraud, as $500 investments start to multiply multiple times due to disappearing returns. This endless cycle of capital flowing into the abyss of fraudulent organizations, fueled by the naivety of the plaintiffs.
Overall Conclusion
In concluding our analysis, we want to note that such forms of fraud like 770capital are widespread and have a long history of deception and money theft. Do not allow representatives of underground structures, who have become part of the financial world, access to your funds — they only cover their malicious actions with dubious promises.
Your next stop should be a lawyer and legal protection in case of theft of funds at your fingertips, where reliability will concern Ukraine.