Definition of PRS-iam: The Real Picture

Based on presumed facts, PRS-iam is a key player in the international market with an excellent reputation among traders worldwide. The company showcases extensive experience, high service quality, a qualified team, and a wide range of financial products. But should one blindly trust everything the intermediary says? Let’s delve into this issue today. Preconcluded verdict: don’t rush to register.

Key Findings of the Research

The company information states that the firm has been in existence since 2015, with its leader being a well-known figure in business circles, David Gorman. Apparently, Gorman is so well-known that he is mentioned on the resources of other fraudsters. Even a superficial analysis is enough to understand that PRS-iam is associated with a network of scammers. The same story is mentioned on websites like Sbtradetek, FOI-yte, Invest Gate LTD, OYLjys, and others. Some of the mentioned companies are already closed.

To dispel the myth of extensive experience and working with clients worldwide, we conducted a domain age check. It turned out that the fraudulent intermediary has only been operational for a couple of weeks. This is precisely why there are hardly any reviews about PRS-iam.

The phone contacts are listed on the pages of other scammers, such as MYTlan, ZIY-oer, YTBney, and a few others.

The provided email [email protected] actually does not exist, so attempts to call or send emails are futile. You won’t get a response anyway.

Legitimacy of Operations: Facts and Considerations

The main character of the review avoided publishing scans of legal documents. The issue of licensing is not even addressed, assuming that traders will accept his assurances. The alleged office is based in Austria, so for legal activities in this country, approval from the local financial regulator is required. However, the organization is not reflected in the registry of the supervisory authority, which is not surprising.

Trading and Investment Options

PRS-iam offers investors opportunities in the currency, stock, index, cryptocurrency, metal, and commodity markets. Additionally, it promises maximum use of advanced technologies, fast fund deposits and withdrawals, round-the-clock support, and the freedom to apply any trading strategies. Before starting, one must choose one of the tariffs: “Novice,” “Experienced,” or “Professional.”

No additional details are provided, only basic information. The minimum deposit amount starts from $150, and the leverage for all accounts is 1:100. There is no information about commissions on the platform. Judging from reviews, scammers manipulate the terms, changing them at their discretion, monitoring clients’ reactions.

Reviews and Reactions

Reviews about fraudsters have only recently started appearing. In the comments, users share their disappointments and strongly advise other traders to stay away from PRS-iam, as the organization simply uses their money for its own interests. Expecting profit withdrawals is not advisable — it is impossible on the platform.

Scam Operation Scenario

The scam offers investors only its own trading terminal for deception and extortion. How does this happen? Initially, fraudsters convince clients of their successes so that they believe in their abilities and deposit a large sum. If an investor shows doubts and does not want to increase their investments, scammers use aggressive sales methods, insisting on deposit increases. Users who try to withdraw their earnings are immediately blocked, while the rest are made hostages by PRS-iam and slowly stripped of every last cent.

Conclusion

PRS-iam is a pocket fraud, created by sophisticated scammers seeking ways to deceive the gullible. Retrieving funds from swindlers’ tricks is nearly impossible, as even threats of legal actions won’t help. Be vigilant and learn from others’ mistakes.