A few days ago, we published a comprehensive account of the offshore broker activities of the FCA– and ASIC-regulated Vantage Group. The group’s offshore brands include Moneta Markets, Vantage, and VT Markets. They operate without authorization in the UK and EU. On the other hand, the crypto investment scam Vantage Capital FX does not belong to this group. The operator is UK-registered Vantage Capital Ltd. The UK Financial Conduct Authority (FCA) has already issued a warning against the scam. Stay far, far away from this hilarious investment scam!
Vantage Capital FX
|Legal entity||Vantage Capital Ltd|
|Related person||Mitesh Soma|
Of course, we don’t know if the operators of Vantage Capital a/k/a Vantage Capital FX chose the name to appear as a clone of Vantage Group. The Crypto Investment scheme offers up to 3.6% return per day on an investment of $10,000. Like all other crypto investment schemes, Vantage Capital works with a referral system to acquire new clients and new funds. For referring new deposits from other victims, one gets a 10% referral bonus.
These referral systems are opening a vicious circle. They ensure that victims of the investment scheme turn their friends into new victims. You should stay very far away and protect yourself and your friends.
Mitesh Soma, the director and beneficial owner of Vantage Capital also holds more than 40 positions in UK companies, according to Companies House records. Among other things, in the field of online pharmacy trading.