Premium Yields Review – Is Investing in Premiumyields.com Safe?
In this detailed Premium Yields review, we will uncover the red flags, and types of scams associated with premiumyields.com Broker, and guide how to recover lost funds.
About Premium Yields
Premium Yields presents itself as a high-return investment site that has an interests in cryptocurrency deposits. It offers promising returns with limited risks, but in recent investigations, it has been found to be a scam. Through this review, the major problems and warning signs of Premium Yields will be revealed.
Company Name – Premium Yields
Website – premiumyields.com
Address – 88 Wood Street London EC2V 7QR United Kingdom
Regulatory Warning – Australian Securities and Investments Commission (Australia) – (ASIC) & Autorité des marchés financiers (Quebec)
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
Premium Yields Review: Red Flags and Concerns
Lack of Regulation
Even though it claims to be operating in the UK, Premium Yields is not registered with the Financial Conduct Authority (FCA) or any other financial authority. This makes it risky for investors since their money is not covered by any legal framework.
Multiple Non-Functional Websites
Premium Yields has several non-functional or questionable websites, including premiumyields.com, premium-yields.com, premiumyields1.com, and more. This lack of consistency online raises concerns about the legitimacy of the platform and its business practices.
Warning from Financial Authorities
Regulators such as ASIC (Australia) and AMF (Quebec) have issued warning notices against Premium Yields. Further, on November 15, 2024, the FSMA (Belgium) also warned about the platform providing financial products without proper authorization.
Scam Operation and Withdrawal Issues
Premium Yields uses classic scam tactics. Initially, it allows small withdrawals to gain users’ trust, but as investors deposit more, they face issues with withdrawing funds. Customer support becomes unresponsive, and the platform may disappear entirely, taking investors’ funds.
Given the lack of regulation, the warnings from authorities, and the withdrawal issues, Premium Yields is a scam that investors should avoid to protect their money.
Beware! These Scams Are on the Rise
There are different types of scams, and what is more, they have been unified to a very high level so that they target common people at varied venues. Here are common scams you should know about:
It’s possible to create fake profiles, phishing links, or other impersonation tactics aimed at stealing personal data, hacking your accounts, or persuading people to send money.
Scammers promise extremely high returns, and then disappear with the investment process; scams also come in phishing attacks, which target crypto wallets to steal digital assets.
Lure and entice a trader with talk evincing profit and their fantastic trades for unregulated forex brokers and open signal providers, only to manipulate the trades or close access to withdrawals.
These scams entail building a relationship around a victim through dating apps or social media to win the individual’s trust before asking for some funds.
Scammers do run scams on Instagram, Twitter, and TikTok for different purposes. They fabricate investment schemes, phishing links, and identity theft-based tactics.
How Scams Report Can Assist Victims Get Their Funds Back
If premiumyields.com Broker is scamming you then you are not alone. Contact us! Our expert team provides:
- Free Consultation: We analyze your case and advise on the best recovery strategy.
- Chargeback Services: If you paid through a credit card, we assist in initiating chargebacks to reclaim your funds.
- Crypto Recovery: We provide specialized crypto fraud recovery solutions for victims who lost money through digital assets.
About Scams Report
Scams Report is a trusted fraud reporting and fund recovery assistance company dedicated to helping victims of financial scams. It provides expert guidance, chargeback support, and legal assistance to recover lost funds. Additionally, its blog educates users by exposing fraudulent brokers and investment scams, ensuring safer financial decisions for traders worldwide.
All newly invented fraudulent schemes to fool new traders are constantly monitored by us on the Internet. For over a decade, we have been collecting scam-related data, so we do believe in knowing every UNFAIR company operating in the market. Therefore, we have gathered the information regarding the scammers from the List of SCAM Brokers for you.
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Disclaimer: This review is based on online reports and customer complaints. Always research carefully before investing with any broker.
