Today, the UK Financial Conduct Authority (FCA) issued an investor warning against forex and crypto broker Coin Capital Group (www.ccg.trade) a/k/a CCG. No details about the operators are provided on the website. According to the FCA, the CCG scam is related to the Bitex Trader a/k/a Bitex crypto scheme (www.bitextrader.com, www.bitex.com, and www.bitex.trade). Reviews on TrustPilot also confirm this. Currently, potential victims can only lose their money to the scam via Bitcoins. Stay far away from Coin Capital Group a/k/a CCG and Bitex Trader. Save yourself losses and frustration.
The Bitex Crypto platform www.bitex.com is operated by Bitex Technologies India Pvt Ltd in Mumbai, India, and has a 2-star rating on Trustpilot with a “Poor” Trust level. The reviewers point out that the Bitex platform belongs to Coin Capital Group and would be a scam. Bitex CEO Monark Modi (LinkedIn) is apparently based in Dubai.
If you have any information about Coin Capital Group or Bitex, we would appreciate it if you share it with us.
CCG now no longer trading. They have scammed me out of £40,000 ( life savings) with constant requests for a ‘bit more for more profits) . I am in the slow process of listing all calls ( more than I realised) to forward to my bank.
This was all done between the middle of May 2021-mid August.
As I am retired I have no way of recouping this money.
Agents I dealt with were:
Isaac Fisher, Thomas Fisher, Johnny West and last person I spoke to when I was closing the account was Adam Taylor who tried to encourage me to change my mind by telling me that they wouldn’t be asking for any more money from me.
I heard nothing after that and when my ‘available funds’ ($33,000) did not arrive in my bank account, I went to log into my account to find it was non existent. I kept on trying in case there was a glitch somewhere in the system, but to no avail. I did email Adam several times over 2 weeks, no response. I emailed their customer support several times, the latest ones came back as address not found.
I have just tried to log onto the website to find there is no trace of ccg.trade at all