Global Prime Treasury PTE LTD Review: Is This Broker Legit or Not?
This Global Prime Treasury PTE LTD review will explore common signs of scam brokers and discuss why Globalprimetreasury.com has attracted attention.
Company Overview
Global Prime Treasury PTE. LTD, operating through the website www.globalprimetreasury.com, claims to offer financial services from its address at 108 Pasir Panjang Road, Golden Agri Plaza, Singapore. The company lists a contact number, +441212696382, and an email address, support@globalprimetreasury.net. However, these details are associated with unauthorized and potentially fraudulent activities.
Regulatory Warnings
The UK’s Financial Conduct Authority (FCA) has issued a warning against Global Prime Treasury PTE. LTD, stating that the firm may be providing or promoting financial services without authorization. The FCA advises avoiding dealings with this firm and highlights the lack of access to the Financial Ombudsman Service and the Financial Services Compensation Scheme for those who engage with unauthorized firms
Scam Allegations
Users have reported negative experiences with Global Prime Treasury PTE. LTD, describing it as a scam. Complaints include difficulties withdrawing funds, requests for additional payments to release funds, and the company’s lack of a physical office, operating only from a registered address. Victims have reported being assigned financial advisors who become unresponsive when clients seek to withdraw their investments.
Negative Reviews and Warnings
ScamAdviser has assigned a low trust score to www.globalprimetreasury.com, indicating a strong likelihood of the website being a scam. The site has been reported for spam activities and is hosted in a high-risk location. Additionally, the domain registration company has a high percentage of spammers and fraud sites, further raising concerns about the site’s legitimacy.
Conclusion
Given the lack of regulation, negative user experiences, and warnings from financial authorities, it is strongly advised to avoid engaging with Global Prime Treasury PTE. LTD. Investors should exercise caution and seek services from authorized and reputable financial institutions.
Scams Report Reviewed Global Prime Treasury PTE LTD
Scams Report, a trusted platform for exposing fraudulent activities, has analyzed Globalprimetreasury.com and found reasons for concern. The platform specializes in identifying brokers that exhibit red flags commonly associated with scams, such as unclear regulation, questionable practices, or hidden policies.
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