Pacpintrade is an investing platform that focuses on several areas of the digital economy, such as cryptocurrencies, real estate management, crypto mining, equities, bonds, and agriculture. The website was registered on June 4, 2023, for a length of one year through Hosting Concepts B.V. d/b/a Registrar. EU, and is protected by the Whois Privacy Protection Foundation. Hostinger International Limited is the hosting provider.
Pacpintrade presents itself as a platform that enables universal access to bitcoin trading, highlighting that investing with them can be done without a prior understanding of cryptocurrency. The company is based in the Netherlands and was founded in 2019. The platform provides various investing options with varying minimum investment amounts and interest rates.
The website offers four primary investment plans, which are classified based on the investment amount and provide different interest rates and bonuses. The investment options range from a minimum of $50 to a maximum of $500,000, and the rewards increase proportionally with larger investments.
Pacpintrade asserts their origin from Bitcoin aficionados and states that they obtained legal registration with the UK Government in October 2022. The approach promotes a varied investing strategy and highlights the utilization of cutting-edge technologies for safe and efficient transactions.
The website provides a clear and uncomplicated procedure for creating an account, making deposits, and withdrawing funds. It assures users that deposits will be reflected immediately and withdrawals will be processed quickly to their Bitcoin wallet. Pacpintrade has officially registered with the Netherlands Company House and has been assigned a registration number. The site features David Vincent, a founder who successfully shifted his focus from FOREX to bitcoin trading.
The given address is Nieuwe Stationsstraat 20, 6811 KS Arnhem, Netherlands. Nevertheless, the platform does not provide explicit details such as email addresses, phone numbers, or social media profiles.
Unrealistically High Returns
The pledged returns on investments, which are both high and fixed, are remarkably inflated, giving rise to doubts over their sustainability and veracity. Such exorbitant profits are frequently linked to Ponzi schemes, presenting a significant hazard to investors.
Lack of Regulatory Oversight
The recognition that the services are unregulated in Poland prompts inquiries regarding the platform’s supervision and responsibility. Lack of regulatory oversight heightens investors’ susceptibility to potential dangers.
Complex and Vague Investment Strategies
The website acknowledges the utilization of sophisticated fundamental and technical analysis techniques, yet it falls short in providing explicit and comprehensive elucidations of these investing methodologies. The absence of transparency poses a difficulty for investors in understanding the management of their assets.
Limited Information on Company Leadership
The lack of comprehensive information regarding the company’s leadership and their qualifications is detrimental to establishing trust and credibility in the financial services sector. The absence of transparency in this matter may give rise to apprehensions among prospective investors.
Generic Content and Marketing Jargon
Employing broad and generic marketing language, devoid of meaningful facts or particular information, might serve as a strategy to entice investors without offering concrete proof of performance or security. This gives rise to doubt regarding the authenticity of the platform.
Inconsistencies and Potential Misinformation
The presence of any discrepancies or indications of false information in their correspondence or website material might serve as warning signs, indicating a lack of professionalism or even deception. Investors should use caution when dealing with platforms that exhibit such differences.
The publication of investment plans on the platform may create a sense of urgency among potential investors, prompting them to make hasty decisions. Employing this coercive strategy is frequently linked to fraudulent investment schemes, and it is advisable to exercise caution.
Risks Associated with Digital Currency
The recognition of the inherent hazards associated with trading digital currencies, especially in an uncontrolled setting, is candid yet functions as a cautionary message to prospective investors regarding the significant instability and unpredictability of such transactions. Potential investors should thoroughly evaluate these risks before engaging with the platform.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Pacpintrade 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 Pacpintrade, 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?
Investors should exercise caution while considering Pacpintrade as multiple indicators raise concerns about possible fraudulent intentions. The following items are included:
- Exaggerated Returns: The projected returns on investments are highly inflated and improbable, particularly considering the inherent instability of the Bitcoin market. The impressive profits mentioned are typical of Ponzi schemes that aim to attract naive investors.
- Lack of Specific Operational Details: The website does not provide precise information regarding its tactics for bitcoin trading and mining. It excessively highlights the possible gains without providing a comprehensive explanation of the methods used to get these gains.
- Lack of Verifiable Track Record: There is a noticeable absence of a proven history of success or reliable testimonials from clientele. The data and metrics displayed on the website need external verification.
- Dubious Company History: The account of the founder and the company’s development seems artificial or overstated, particularly regarding assertions of sudden expertise in high-risk trading.
- Vague and Exaggerated Statements: The content on the website includes sweeping and imprecise claims about their offerings and advantages, resembling fraudulent websites that aim to attract a wide range of investors without offering detailed details.
- Lack of Contact Information: The absence of precise contact information, such as email addresses, phone numbers, or social media accounts, reduces the website’s trustworthiness and prevents potential investors from completing thorough research.
- Coercive Strategies: The investment plans and website content appear to be deliberately crafted to apply pressure on visitors, urging them to make hasty investments without allowing ample time for careful evaluation of potential hazards.
- Inconsistencies and inaccuracies: The website displays a multitude of inconsistencies and inaccuracies, such as varying accounts of the company’s history and expertise, which indicate a possible intention to deceive or commit fraud.
Ultimately, we highly recommend that potential investors exercise the utmost prudence, engage in comprehensive autonomous investigation, and seek counsel from financial professionals or regulatory authorities before considering any investment with Coinxstacks and Pacpintrade.
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.
Pacpintrade.com was registered on June 14, 2023, for a length of one year. It is protected by Privacy Protect, LLC and is hosted by either Hostinger International Limited or Cogent Communications.
Pacpintrade is a digital asset investment firm situated in Poland, with a SEMrush Authority Score of 2%. It emphasizes its participation in the crypto asset market. The platform provides investment opportunities in several digital assets, including Bitcoin and Ethereum, ensuring substantial and fixed-interest yields. The company emphasizes the utilization of sophisticated analysis to shape its investment strategy.
The website provides detailed information on various investment plans, which are classified based on the investment amount and length. These plans provide attractive compound and daily interest rates, automated profit top-ups, and referral rewards. Investment amounts range from $50 to $150,000.
Pacpintrade elucidates its investment philosophy, focusing on clearly defined investment objectives, appropriate asset allocation, minimizing costs, and upholding long-term discipline. The organization strives for effective investment outcomes by placing importance on diverse funds and maintaining controlled costs.
This text provides an analysis of the valuation of digital assets, highlighting their reliance on price movements and the level of investment interest from the public.
The company’s contact information comprises an email address (support@Pacpintrade.com), a phone number (+44 741 748 346), and an office address (ul. Helenowska 24, Pruszków, Poland).
Furthermore, the website offers a WhatsApp contact number: +357 94479916, which is linked to Cyprus.
Pacpintrade recognizes the inherent hazards associated with trading digital assets and knows that its services are presently unregulated in Poland. The company explicitly outlines its adherence to legal authorities and financial organizations, encompassing protocols for the international transmission of personal data.
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 Pacpintrade 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 Pacpintrade 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 Pacpintrade, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like Pacpintrade enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Pacpintrade reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Pacpintrade.
You should always look out for consumer complaints. In the case of Pacpintrade, 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 Pacpintrade? You can share your complaint in the comment section or submit an anonymous tip.
Following a comprehensive examination of Pacpintrade, significant apprehensions have emerged regarding both establishments. The resemblances in their operational procedures and handling of clients’ withdrawals and fee systems are remarkable. Users from both platforms have reported encountering exorbitant charges and prerequisites, a frequently exploited strategy in online investment fraud.
These encompass charges for withdrawing funds using a card, payments for insurance, costs for registering on new websites, and significant charges for withdrawing funds. In addition, victims have been requested to make “final fee” payments, which are then followed by multiple requests for extra payments. This exploitation takes advantage of the victims’ aspirations to regain their investments.
Both websites promote abnormally large and seemingly implausible investment returns, a distinctive trait of Ponzi schemes that attract naive investors by offering promises of speedy and substantial profits. The deviation from traditional returns in lawful investing activities, particularly in the unpredictable Bitcoin market, gives rise to substantial worries.
Pacpintrade lacks sufficient regulatory information and transparency regarding its operations. Although there are assertions of being registered with government agencies, there is a conspicuous absence of verifiable evidence or substantive information that can be independently verified. The absence of transparency is a notable warning indicator in the investing industry, where adherence to regulations and clear communication are of utmost importance.
The Trustpilot reviews for both sites are concerning. Pacpintrade has received a significant amount of 1-star reviews that describe encounters characterized by fraudulent practices. Similarly, Pacpintrade.com, despite receiving varied evaluations, demonstrates a consistent trend of negative feedback that mirrors the scam-like encounters described for Pacpintrade.
The lack of reviews with moderate ratings (2, 3, or 4-star) for Pacpintrade.com further undermines the credibility and impartiality of customer input.
The similarities in operational strategies, investment strategies, customer grievances, and overall lack of openness indicate a possible correlation between Pacpintrade. While there is no explicit proof of a connection between them, the resemblances in their methods imply that both platforms may either be controlled by the same organization or are utilizing the same fraudulent strategy.
Pacpintrade 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 Pacpintrade 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 Pacpintrade?
All the evidence suggests that Pacpintrade 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 Pacpintrade a scam?
Can I withdraw money from Pacpintrade?
Where is Pacpintrade Located?
How do I get my money back from Pacpintrade?
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.