“Total scam and very sophisticated in the way they sell their business. It started very with small investments, I was then offered a good rate to purchase Bitcoin. The Return was great and service appeared good.
I required further information on the company noting replies via email were limited - all comms was conducted via Whatsup or over the phone. They are only available on week days and no video calls to verify who you are talking too. I never received a TOC or Contract on the Captial Co / Live or io services even after 3 requests. Thats right this company had 3 name changes in 5 months.
Then I was told that they had to cease trading with personnel funds accounts. As a result I would have to pay an up front 14% recovery / block chain fees on my account equity which totaled over 100K USD. I request they take the funds out of mt Account Balance and they indicated that's not how we work. I requested to trickle the funds out of my account in small amounts - again I was hit with a brick wall of No!
Captial co told me to take a loan out on my home - I said no and started my own investigation.
It turns out this is a common practice of this company to pull you in -- provide you with good results and then ask for upfront fees in which no one can pay.
Discissions with other Crypto Brokers indicate all other company's will take their fee from your account balance - as part of the transfer (no more than 2%). The Block chain fees is also taken on the transfer (no more than 0.2%) with the block chain transfer. As a result the requirement to pay up front is nonsense!
The registration of this Company in the UK and Dubai comes up as a Shelf Company when fully integrated.
Please stay away from this mob they are a definite a scam in the Crypto Broker world.”
