Capitalvest Pro’s website lacks transparency due to the omission of ownership and executive information.
Despite professing to be registered in New Zealand as “ProFx & Crypto Trading Company PLC” to demonstrate authenticity, the ease of forming shell firms with bogus details renders such registrations worthless.
The likelihood that Capitalvest Pro has genuine connections to New Zealand is low, considering that the establishment of a shell company in that jurisdiction typically entails a nominal fee.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Capitalvest Pro is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Capitalvest Pro, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Capitalvest Pro does not sell any retail products or services. Affiliates can only promote the Capitalvest Pro affiliate membership itself.
Capitalvest Pro’s compensation plan entails affiliates investing funds with the promise of specific returns based on various investment tiers.
- Starter: Invest $50 to $500 and earn 7% return in 24 hours.
- Standard: Invest $501 to $2000 and earn 10% over two days.
- Premium: Invest $2001 to $5000 and earn 12.5% returns in three days.
- Professional: Invest $5001 to $10,000 and earn 15% over 5 days.
- Mercury: Invest $10,001 to $20,000 and earn 20% in 10 days.
- Venus: Invest $20,001 to $50,000 and earn 25% returns in 14 days.
Referral Commission Structure
Capitalvest Pro provides referral commissions on invested assets for three recruitment levels (unilevel):
Level 1 affiliates (personally recruited): 10%.
Level 2: 20 percent
Level 3: 30 percent
Joining the Capitalvest Pro affiliate program is free. However, active involvement in the earning possibility demands a $50 commitment. The website accepts investments in both US dollars and various cryptocurrencies.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers actually stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that in order to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, the customer support won’t resolve your issues and become increasingly unavailable.
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like Capitalvest Pro tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust Capitalvest Pro reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews that are posted by temporary accounts (profiles which only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Capitalvest Pro, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Capitalvest Pro enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Capitalvest Pro reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Capitalvest Pro.
You should always look out for consumer complaints. In the case of Capitalvest Pro, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees and charges
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Capitalvest Pro? You can share your complaint in the comment section or submit an anonymous tip.
Capitalvest Pro asserts its revenue generation through trading, there is a lack of verifiable evidence supporting the payment of withdrawals from trading proceeds. The business model employed by Capitalvest Pro raises concerns as it exhibits characteristics inconsistent with sound financial logic, resembling that of a Ponzi scheme.
The claim of having $208 million deposited, with an anticipated growth to $260 million at a remarkable 25%, suggests an unsustainable trajectory. This rapid revenue generation, coupled with the absence of transparency and the operation of a cloned website by unidentified individuals, raises red flags.
Currently, the sole identifiable source of revenue for Capitalvest Pro is new investments. Relying on incoming investments to fulfill affiliate withdrawals mirrors the structure of a Ponzi scheme. Historically, when recruitment diminishes, so does the influx of new capital, ultimately leading to a depletion of return-on-investment revenue. This inevitable financial strain is likely to result in the collapse of Capitalvest Pro, following the pattern inherent in Ponzi schemes, where the majority of participants typically incur financial losses.
Capitalvest Pro is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Capitalvest Pro can run away with your money without any prior notice. You should be extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Capitalvest Pro?
All the evidence suggests that Capitalvest Pro is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.
Is Capitalvest Pro a scam?
Can I withdraw money from Capitalvest Pro?
Where is Capitalvest Pro Located?
How do I get my money back from Capitalvest Pro?
Launch a website/app with a generic name
A website or app with a generic name allows scammers to hide behind common Google search results. Marketing such names is easier as well.
Pay influencers & social media pages to promote the scheme
By getting influencers and social media pages to promote their brand, scammers make their shady company seem more legit than it actually is.
Send thousands of emails and make cold calls to potential victims
It’s common for scammers to buy the contact details of people and spam them through email, phone calls, social media messages and other means.
Make victims feel safe through “small wins”
Such small wins usually include a few payments transferred into the victim’s account. This makes them seem more legitimate.
Convince victims into investing large sums of money
Due to the small wins, the victim is now convinced that the company is legit. Now, the scammers try to manipulate the victim into giving them larger sums.
Disable withdrawals & take down the website/app
Once the scammers have recieved a signicant sum, they either stop responding or cite a technical error to freeze their victims’ funds.
Repeat the cycle
After making the money, the scam will shut down and the people running it will launch another and repeat the cycle.