Review on Eliteinvinc
Elite Investment Inc, accessible through eliteinvinc.com, positions itself as a trading platform that encompasses forex, stocks, commodities, indices, and cryptocurrencies, offering the potential for high returns in both rising and falling markets. They emphasize aspects such as Malta/UK legal registration, DDoS protection, Comodo SSL, instant withdrawals, and substantial withdrawal thresholds, for instance, a minimum of $100,000 for short-term transactions and maintenance/commission fees reaching into the tens of thousands.
it has a very low trust score due to factors like hosting on a suspicious server, presence of numerous scam-like elements, financial‑service high‑risk signals, anonymous payment methods, and its status as a very young site.
The Washington State Department of Financial Institutions has reported complaints detailing advance fee schemes, difficulties in withdrawing funds without prior payments of “taxes” or fees, unverified registration claims, broken links, fraudulent regulatory affiliations, and discrepancies in office addresses or maps.
Notable Keypoints to note on eliteinvinc
Unsubstantiated regulatory assertions (UK/Malta corporation, U.S. registrations)
The minimum withdrawal amount is set at an exceptionally high level of $100,000.
Advance-fee requirements include tax payments, maintenance fees, and commissions prior to withdrawal.
New domain and hosting on questionable server cluster
This website displays a concerning range of inconsistencies and misleading practices that clearly suggest it is a fraudulent financial platform. Although it claims to be officially registered and overseen in reputable jurisdictions or through membership with notable financial organizations, a detailed investigation shows that none of these assertions can be independently verified, and information from multiple authorities clearly contradicts them, highlighting a total lack of genuine regulatory compliance. The platform's operational transparency is completely absent; its assertions of a professional team and strong security appear entirely superficial, devoid of any verifiable background information, public disclosure of physical office locations, names of directors, or audited financial statements. Additionally, the website features broken links and inconsistent geographical information, indicating a carelessly assembled and inadequately maintained front intended to deceive. The business model, especially its withdrawal mechanics, closely resembles established advance fee fraud schemes. The enforcement of elevated minimum withdrawal limits, the imposition of excessive fees, and the necessity for "tax" prepayments prior to the supposed release of funds are typical strategies employed to siphon extra money from victims. These strategies align with "pig butchering" scams, where initial fake profits are showcased to entice individuals into investing more money, only for all withdrawals to be later restricted unless additional payments are provided. This platform's online presence is marked by very low trust ratings from various analytical tools, with many users describing it as unregulated, unsafe, and quite suspicious. The ongoing and pervasive negative sentiment from the online community reinforces the view that this entity functions beyond the limits of legitimate financial services, exploiting unsuspecting individuals through a carefully constructed network of false promises and misleading demands.
