Topic: is this a Scam or Legit?? transfers - 30 countries Currency Accepted !? (Read 3681 times)

Finally today and after chasing them for long, I consulted a lawyer in Panama who advised me to contact "Superintendency" in Panama, its a government authority for financial  institutions like banks and exchanges like CryptoCapital, I dropped them an email "[email protected]" and I CC'd all CryptoCapital email accounts "[email protected]" & "[email protected]" & "[email protected]" & "[email protected]".

I believe this forced them to reject my SWIFT transfer request and release the amount of money held for almost a month. I transferred my money to Coinapult and bought bitcoins and transferred them away of those ****

Be careful from scams fellows !!!

That's if they're even in Panama, guys. They could be anywhere. If it's a scam, would they openly advertise their whereabouts and make it easy for Interpol to find them?

Amazing how a website can convince people to send $20k.. $50k.. maybe millions if you include those who might not have seen this thread yet.

Claims of partnerships should be checked and doublechecked, verified and confirmed. Due diligence is a must before sending thousands of $ to anybody. A hundred bucks or even less will get you a decent domain which you can build and transform into a professional looking financial services website. Then on that website, what's stopping you from claiming partnership with HSBC, AmEx and the IRS? If you word it carefully, someone somewhere might just about fall for it and wire you $100k!

The GTSHK link is most likely a way to obfuscate transactions, making it difficult to trace them across different jurisdictions. Come to think about it, why wouldn't they use Panamanian banks? Perhaps because they are not eligible to open such accounts, being nonresidents of that territory? Which, gentlemen, would be a red flag, indicating they might not even be in Panama! Incorporating in Panama can be done entirely online.

Well, the money is gone and the trail is cold. Finding them will not be easy.

Stop sending them money.

I placed a withdrawal request to my local bank account since Jan 16, 2018 but until now it is in authorization status, I tried to contact them several times by email and phone but with no answer, I used to transfer funds from CEX to Coinapult and used to go through in the same day with no issues, once I decided to withdraw my funds to my bank account the transfer got stuck ... 

wow that is some story you have and a good warning for us who may be lured in. do you know which exchanges they still work with? for example Quadrigacx still lists them as a way to deposit/withd to their exchange!!

Oh, It's a scam alright, these guys will tell you everything you want to hear until you deposit your funds at their hands.
After that you are in for some real Panama pleasure writing Emails to a non-existing support team followed by phone charges to a nonresponding Phone number overseas (Toll-free my ass).

After 3 days in a row trying to get someone to pick up the phone , the answer was "I can't help".
After that there was a "Yes we just now transfrerd the funds" but the truth is that for almost 1 month nothing gets to my bank account.

Before any of you tries to deposit anything through these thieves, do yourself a favour and try to get any response from them, if they will not answer to your emails or calls now , how will you find them once they have your $$?

They do not have a Facebook business page (Dont mistake Crypto Capital Biz - These are CryptoCapital.co)

On their website they publish that ~9 exchanges are working with them but in reality there are only a couple left that actually accepts and transferes funds from them.
 
A Wire transfer should take 3 - 5 business days and its been 3 weeks since they "approved" my transaction and like i said - NADA!

I will update this post if things will change but until then - Do NOT SEND THEM YOU MONEY!

Anyone else used this service? I am thinking about using it, it's simply the only one of his kind. Would be nice to hear some positive feedback about it

Just to let anyone reading this older thread know that there is a newer thread about Crypto Capital and a problem I have with them currently either due to their incompetence or a scam, either way my money is missing. Details here:
https://bitcointalksearch.org/topic/crypto-capital-do-not-pay-1683368

The only thing I could find about them was on reddit: https://www.reddit.com/user/CryptoCapital however he hasn't been online in a year. https://www.reddit.com/r/Bitcoin/comments/2fe0vz/crypto_capital_presents_1btcxe_a_next_generation/ It seemed legit back then but I'm not sure if they are still active today

Yeah i understood that but coinapult is advertising their services on its website, stating you need to open a crypto account to be able to use coinapult in the USA.

The issue is global transaction services (hk) limited, they have bad reviews online & thats the account information i received from crytocapital to deposit into my account, i dont get why a company pananma city is using a company in hongkong for its payment processing,  GTSHK does not have a good reputation online but i dont if those reviews are real! i seen one review saying they scammed 23Million British sterling but the thing is there is noway to know if these reviews are real as sources are not reliable.

i am just hoping someone here has some previous experience or can see from their websites if its scam or not, i dont think i will send 5000$ for first transaction, any idea what amount i should sent.

One thing did freak me out, once you log into your crypto account they have a section called missing funds, you fill in the details of a transaction if your bank transfer is not received ?? is that normal?

Well the good thing is that it's HTTP secured so at least information's are safe on it however there's something different as can't really find any review regarding it even though it has been around for exactly 2 years 4 months 3 weeks ago and yet somehow only few heard of him so I would suggest if you could find another exchange then use it and if you could find a local online exchange then even better so you could go to their main office and check it for yourself, because that's what I do.

Some more information's regarding them:
A thread here on the forum: https://bitcointalksearch.org/topic/crypto-capital-presents-1btcxe-a-next-generation-crypto-currency-exchange-768639
An analysis about the website: http://freedomaininfo.com/cryptocapital.co

Well, I checked it against this list http://www.badbitcoin.org/thebadlist/index.htm#Crypto and it is not on there, but that might only be because it is new or someone has not reported it as a scam. I will be cautious for now, and only deposit very small amounts, just to test them for now.

If you look at that site, you will see a lot of scam sites using a very similar naming convention, and that already raise the red flag for me, even though this reason is quite stupid, but not uncommon.   

Well it looks like a legit site. The site is made very well and there are no scam accusations about it.

No particular reasons.... just my gut feeling- this is scam.

I never read a thread about this service before on the services discussion section,and when I check their alexa rank it is not high compare to other site I highly advice that you google the top 3 bitcoin exchanges sites just to be sure then read a reviews about those top3 sites or search a thread here so you can get feedback from other users

I don't know anything about cryptocapital.co. I would never send them money without checking them out thoroughly first. There are many options for buying bitcoins. Bitfinex, Bitstamp, and BTC-e are not located in the U.S. Why not choose a better-known company?

Did someone at Coinapult actually recommend them to you, or do you believe that Coinapult is involved because their logo is on the website? I wouldn't be surprised if nobody at Coinapult has ever heard of them, despite both companies being in Panama City.

Has anyone ever used this site!!  

www.cryptocapital.co

i would really appreciate some of you with some experience to help me out, i want to buy 5000$ of bitcoins every 3 months, my first ever transaction is now, im new to the bitcoin phenomenon so i dont want to have a good first experience.

it was a pain in the backside registering, lots of security measures, they create a bank account for you & you can transfer 30 different currencies which you can use to buy bitcoins on exchanges. i been looking for this service. the site looks legitimate & they have some reliable partnerships with companies like coinapult.com.

Cryptocapital its basically a bank account that use for crypto Currencies like bitcoin.

Coinapult.com have been around for years & they have a good reputation in the community, this was the main reason i decided to give cryptocapital a shot.

Once my account was approved by them i went ahead to transfer funds, the Bank receiving the money is in czech republic,  
checked out the bank its fine, big proper bank in that country so no issues there. ( CESKA SPORITELNA A.S. )

The issue is the company receiving the funds!! its in hong kong,
Global Transaction Services (HK) Limited also known as GTSHK , the website looks fine, there was some scam alerts about them online but not like proper forums like bitcointalk, more random sites or blogs, its a company in hongkong, their website comes up on google but i see a few google results with word scam!!  
now im not sure if its someone just trying destroy the reputation of GTSHK or if really they are scammers.

Usually i would run a mile seeing some bad reviews online but im not sure this time as surely a company like Coinapult.com would not partner up with scammers, if cryptocapital is using GTSHK which seems to have a bad reputation.


here is the message & i quote from the crypto site? this only shows up on the funding instructions page!!  
"Global Transaction Services (HK) Limited is the payment processor for Crypto Capital Corp (Crypto Capital). The funding instructions above are unique to your account, and funds sent using these instructions, precisely as written, will be credited to your account with Crypto Capital automatically. "

if anyone could help me out would really appreciate it, dont want to burn my money but also dont want to believe in fake looking bad reviews.

 
The reason i need this service is because all the big exchanges require US bank accounts, i dont live in the US so i dont have a US account, if anyone knows of any reputable exchanges accepting international bank accounts please let me know, i have no issue with verification just want to find an easy way to transfer money to exchanges to buy bitcoins without having a american bank account,
i thought i had found this but now im not sure if Cryptocapital is a scam or not!!