In today’s daily market screening, we noticed that the scam broker ElitSolutions (www.elitsolutions.co) is promoted by various fraudulent marketing campaigns like Bitcoin Buyer. ElitSolutions is a typical white-label scam from one of the numerous scam factories. Deposits from prospective victims are possible via credit and debit cards with the cashier running under the domain https://sand.cheap. Deposits via Bitcoins are offered, but the scam operator is blocked at the payment processor AdvCash.
Apparently, the deposits of Bitcoins and/or the purchase of Bitcoins with credit cards via AdvCash (www.advcash.gi), operated by Belize-based Advanced Cash Limited, was still possible until recently. During our review today, we received a message on the AdvCash site that the merchant is blocked. There is no information on the ElitSolutions website about the operators or the relevant jurisdiction. Stay far away from this scam. You will save yourself money and frustration.