ProfitOn Genesis Review – Is Investing in ProfitOn Genesis Safe?
In this detailed ProfitOn Genesis review, we will uncover the red flags, and types of scams associated with ProfitOn Genesis Broker, and guide how to recover lost funds.
About ProfitOn Genesis
Company Name – ProfitOn Genesis
ProfitOn Genesis Website – https://profitongenesis.com/
Address – 6 HOLYWELL LANE, UNITED KINGDOM, LONDON, EC2A 3ET
Regulatory Warning – NA
Domain Blacklisted Status – It seems there is no direct mention of this domain being on a blacklist.
ProfitOn Genesis Overview
ProfitOn Genesis claims that trades in forex and contracts for difference (CFDs) on many financial instruments. The firm claims to be a Cyprus Investment Firm and fully authorized and regulated under the Cyprus Securities and Exchange Commission (CySEC) with license No. 181/07.
Suspicious Website And Hosting
Many users have reported experiencing problems accessing the ProfitOn Genesis website. There are cases in which antivirus software flags it as suspicious. For example, Gridinsoft Anti-Malware has blocked the site as potentially harmful. Such accessibility and security issues at least lay doubt on the reliability and trustworthiness of the platform.
Not Regulated-High Risk:
Contrary to claims of CySEC regulation, the investigation has shown that ProfitOn Genesis is not listed in the official CySEC registry, affirmatively proving no legitimate supervision whatsoever. Operating under the absence of any regulation thus carries major risks to most investors, as unregulated platforms do not follow the standard financial and ethical guidelines. Also, many complaints from clients about unresponsive customer service and funds withdrawal strongly support the consideration of the potential risks posed by the platform.
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 ProfitOn Genesis 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.
