Yesterday a reader delivered to my consideration a web page on Intelligence Prime Capital.
The web page is titled “Regulation” and claims Intelligence Prime Capital is a “closely licensed and controlled funding agency”.
Whereas that sounds spectacular, sadly it’s all baloney.
Intelligence Prime Capital expenses as much as $99 a month, on the promise of an “as much as” 45% month-to-month return.
This can be a passive funding alternative, which constitutes a securities providing.
If somebody refuses to confess that fundamental reality, cease the dialog and transfer on. You’re being blatantly lied to from the get go.
Accepting Intelligence Prime Capital is an MLM firm providing a safety, this implies it must adjust to securities regulation in each nation it solicits funding in.
At time of publication Alexa ranks high sources of site visitors to Intelligence Prime Capital’s web site because the US, Colombia and Mexico.
Intelligence Prime Capital shouldn’t be registered to supply securities in any of those jurisdictions.
As an alternative, the aforementioned “closely licensed and controlled funding agency” web page particulars irrelevant and meaningless shell firm registrations.
Eire
Intelligence Prime Capital claims IPC Commerce EU is registered with the Central Financial institution of Eire.
IPC Commerce EU shouldn’t be Intelligence Prime Capital, making the registration meaningless on face worth.
A seek for “ipc commerce” on the Central Financial institution of Eire’s web site returns no outcomes:
Cyprus
Intelligence Prime Capital claims DT Direct Funding Hub Ltd. is registered with the Cyprus Securities and Change Fee.
DT Direct Funding Hub Ltd. shouldn’t be Intelligence Prime Capital, making the registration meaningless on face worth.
Cyprus is thought for having no energetic regulation of MLM associated securities fraud.
Due to this, Cyprus is a favourite jurisdiction for scammers to each incorporate shell corporations and register them with the Cyprus SEC.
DT Direct Funding Hub is registered with the Cyprus SEC.
It was registered in 2017, 4 years earlier than Intelligence Prime Capital existed.
A go to to DT Direct Funding Hub redirects to DupliTrade. DupliTrade is a few foreign exchange bot scheme.
I finished right here as a result of once more, neither DT Direct Funding Hub or DupliTrade have something to do with Intelligence Prime Capital.
Poland
Intelligence Prime Capital claims IPC Commerce EU Ltd is registered with the Polish Monetary Supervision Authority.
The deal with supplied for IPC Commerce EU is a digital workplace deal with.
A seek for “ipc commerce” on the Polish Monetary Supervision Authority’s web site returns no outcomes:
Australia
Intelligence Prime Capital claims IPC Capital Markets Australia Pty Ltd is registered with the Australian Securities and Investments Fee (ASIC).
The company deal with given for IPC Capital Markets Australia Pty Ltd belongs to WeWork.
Australia is a scam-friendly jurisdiction with no energetic MLM associated securities fraud regulation.
Due to this, Australia is a favourite jurisdiction for scammers to each incorporate shell corporations and register them with the ASIC.
A seek for “ipc capital markets” with ASIC returns no outcomes:
British Virgin Islands
The British Virgin Islands wants no introduction as a scam-friendly jurisdiction.
Any MLM firm representing it has integrated within the BVI ought to instantly set off alarm bells.
Intelligence Prime Capital claims IPC Commerce Ltd is registered with the British Virgin Islands Monetary Providers Fee.
A seek for “ipc commerce” on the BVI Monetary Providers Fee’s web site returns no outcomes:
Japan
Intelligence Prime Capital claims IPC Commerce Japan Okay.Okay. is registered with Japan’s Monetary Providers Company.
The supplied company deal with for IPC Commerce Japan Okay.Okay. doesn’t look like legitimate.
A search of the FSA’s regulated entities lists reveals IPC Commerce Japan Okay.Okay. shouldn’t be registered as a Monetary Devices Enterprise Operator, Registered Monetary Establishment or Securities Finance Firm.
South Africa
Intelligence Prime Capital claims IPC Capital Markets Pty Ltd. is registered with… nicely they are saying it’s “a part of the South African market”.
This can be a meaningless assertion. Securities in South Africa are regulated by the FSCA.
A seek for “ipcapital” towards the FSCA’s checklist of registered monetary suppliers returns no outcomes.
Abu Dhabi
Abu Dhabi isn’t as unhealthy as Dubai however the UAE typically is rife with fraud.
Intelligence Prime Capital represents IPC Commerce Center East Ltd is registered with the Abu Dhabi International Markets Monetary Providers Regulatory Authority.
The supplied company deal with for IPC Commerce Center East Ltd is a digital workplace.
A seek for “ipc commerce” on the FSRA’s web site returns no outcomes:
Israel
Intelligence Prime Capital claims Atrade Ltd is registered with the Israeli Securities Authority.
Atrade Ltd shouldn’t be Intelligence Prime Capital, making the registration meaningless on face worth.
A seek for “atrade” towards the ISA’s checklist of regulated corporations returns no outcomes.
Conclusion
One widespread theme I discovered with Intelligence Prime Capital’s bogus regulatory registrations is they’re utilizing made-up firm names, piggybacked with precise Ava Commerce registrations.
Ava Commerce is buying and selling platform. I’m not making any representations as to Ava Commerce’s legitimacy. It’s not an MLM firm and I haven’t regarded into it.
So far as I do know although, Ava Commerce doesn’t have something to do with Intelligence Prime Capital.
BehindMLM readers have already famous Intelligence Prime Capital has ripped off Ava Commerce’s web site design:
It now seems they’re ripping off their regulatory registrations too.
The underside line is, very like the enterprise itself, Intelligence Prime Capital’s regulatory representations are a sham.
To this point Russia is the one jurisdiction to problem Intelligence Prime Capital with a securities fraud discover. We count on extra warnings will comply with as different jurisdictions examine the corporate.