Coinwealthinv.com Review: Beware of Coin Wealth Inv
In this Coin Wealth Inv review, we provide reasons why we believe Coinwealthinv.com is a scam broker just like GFE Market is.
There are many victims who lost their funds in this Crypto fraud because they believed the flashy website and fake promises. The solution for these victims lies with this money recovery company.
Coinwealthinv.com is masquarading as a legitimate trading and investment broker offering self-managed as well as professionally managed accounts.
Coin Wealth Inv wants traders to deposit at least $250 to start trading on the platform. However, their managed accounts are primarily targeting vulnerable investors who can deposit at least $250,000.
The broker is also selling a service which they call “advanced investment portfolio” where consumers are required to deposit at least $100,000 to access the service.
Coin Wealth Inv website calls this service “high-profile arbitrage”. The broker’s website is very convincing but this does not change the fact that CoinWealthInv is an illegal trading platform targeting the financially unsophisticated consumer.
For that reason, we suspect that they’ve already scammed many people online, and if you’re one of the victims, you should find out here how victims of other Forex and Crypto scams are recovering their lost money.
CoinWealthInv broker review: Not legit but a scam
When we looked at the style of operation that this fake broker uses to execute their clever scam, we found that it is similar to that of TheCoinTrust and GMT Investments.
They’re lying to unsuspecting victims on the email or through phone calls before they can convince them to transfer huge sums of money to Coin Wealth Inv.
The broker is alleging that they’re operating out of the UK. However, they’ve refused to disclose company registration details. We do not know whether Coin Wealth Inv is just a website or the name of a registered company.
When we investigated, we found that there is no company behind this broker’s website, and this brings us to the question of whether they are regulated.
Coin Wealth Inv Review: Not a licensed broker
CoinWealthInv is not authorized to provide any form of financial services to consumers. The FCA regulates all brokers or financial services operating out of the UK.
But Coin Wealth Inv does not have any form of authorization from the regulator. The FCA has also stated very well that transacting with this scam is likely going to result in a loss for victims.
They’ve warned that no help with be given to those who choose (for some reason to ‘invest’) in a scam like CoinWealthInv.
In short, trading or investing with these guys is a risky affair. On the other hand, brokers who are regulated by the FCA tend to offer some form of assurance and security.
Consumers will be assured that their deposit will be kept in a segregated account (away from company’s operation capital) and a compensation will be issued in the event that the broker has decided to close shop.
Some of those brokers are also members of insurance compensation schemes meaning that trading or investing with those brokers comes with peace of mind and other advantages.
CoinWealthInv Fake reviews
The broker is involved in promotion and marketing that is very misleading to potential investors. They’ve paid a network of sites to publish positive reviews about the service even when it’s clear that Coin Wealth Inv is engaging in illegal activities.
If you check out these reviews online, you will find multiple reviews claiming that CoinWealthInv is not a scam and that they are a good broker.
On the other hand, you won’t find any user reviews no matter how you search. This simply means that the broker is very new and is trying to acquire customers by manipulating them with fake reviews.
As a matter of fact, this boker’s website was launched in July 2022. This is barely one month old website and yet they want to lie to you that they’ll offer some form of financial help to you.
This is definitely a clever scam and if you have had a bad experience with the broker, you should leave a comment below and seek help in getting back your funds.
Conclusion of this broker review
Thanks for reading this review. This broker has given us all the reasons to doubt them. And if they’ve scammed you, the best you can do is to involve a professional who will walk you through in recovering the funds that you may have lost.
You can sign up here to apply for chargeback but remember not to trust any of these brokers (especially if they don’t have a valid broker’s license).
Thanks for reading this review.
D.C.
Scammers 101.
Do not go anywhere near them I tested them out & I could smell a RAT.
I checked their address details & it’s a phony
I spoke to the account manager & that was enough for me.
Hung up the phone & see ya later.
It has now got to the point that there are so many out there with FALSE credentials unregulated jerks, that unless they can prove their regulation details & then check them thoroughly do not even go there.
Stephen
Definitely got scammed all fake trading they say there professional and operating for over 10 years
Complete lies
The PEOPLE AT COINWEALTHINV NANES ARE
David hunt Linda Allen Vella victor and many Moore
The do not return my emails or call ne
They stoped calling me
Everyone stay away
Gregory Petersen
I am searching for a committed, responsible broker to manage and create a small or large percentage profit for the funds I can deposit into an account…so far all I have found are conmen &scam artists Somebody please help & directe to what I need for my childrens trust accounts
Sanjoy
It’s a 100% Scam. Let me tell my story – I initially invested small amount – they showed us safest money making options like Arbitrage in crypto market and assured your invested money is always safe. After that you will see very good profit and they will ask for more investments as your capital is safe you will be convinced to invest more and see steady earnings each week from Arbitrage as bonus dividends.
Now when you ask for a major withdrawal then they start play by forcing you to sign contracts to trade. To withdraw big amount they forced to trade. You will get a call from their trading expert to trade and for fews days will see staggeringly profit and then one day in few hours you will see all money from your account vanished. They will say it’s market collapse but the collapse is so big that you will loose all money including your investment. Then they will give you options to recover your money but again you have to first invest a good amount.
This is 100% scam..happy to share evidence if anyone interested to know more.
Wasim
Hi Sanjoy,
Can you please send me mail and will move further
Thanks
Tomas Bielik
Hi all, thanks for the review. I fell for CoinwealthInv here in Australia because the ad was actually linked to my bank which I trust for years.
Within minutes I got a call and then another call and I agreed to invest a “discounted” sum of 183 USD = 274 AUD.
A gentleman called Karl Weiss keeps calling me, he’s very friendly and explained all that ARBITRAGE process etc.
A small margin appeared and now he’s asking me for more investment to make me more money
sharron katbi
Thursday 29th december, 2022
6.06pm
Thomas, Hi
I made conctact with the senior account manager, Mr Thomas Ackerman on the 16th December. A most friendly and encouraging person.I’m been exceedingly apprehensive about going forward especially since I’m a novice. I invested a small amount, but I’d rather lose a small amt now than possibly a significant amt later on. Thanks Thomas and everyone else. Sharron, Sydney.
TheAdmin
You just entered a trap. You don’t know that scammers are trained to sound nice when they have not taken your money yet
sharron ktbi
Admin”
Received a scheduled call from Coinwealthinv re setting up a Digital wallet. I politely informed the senior account manager that I didn’t wish to proceed. He was upset. I articulated my concerns, including the suggestion that I could deposit $250,000 was a frightening consideration and my reasons were detailed. He questioned as to whether I thought it was a scam. He said I had to go ahead with the digital wallet application if I wanted to receive back my deposit. A colleague of his who guided me through the wallet was interested in knowing
my concerns and was appreciative of same. He said that I shouldn’t feel pressured and to invest gradually. It was a long conversation. I even shared comments I’d read in the reviews previously. I did mention your website. If they are a scam, gee they are sophisticated.
TheAdmin
Yes they are a sophisticated scam the average Tom, Dick and Harry will fall for the sweet talk. Sophisticated scammers are never in a Harry to take your million. They can take you slowly even for many months ultimately you will realize that you have been duped thousands of dollars from people who sounded nice and didn’t Harry you through the process
sharron ktbi
addit: from S. Katbi.
I did NOT mention your website.
TheAdmin
I wish you could have mentioned my website and specifically my review as we are open and we always want to investigate and see how the scammers can lie in public
Sharron
LAUREN Coinwealthinv has acknowledged the.email that I posted on the 29th Dec.22. I communicated with you purely to gain your opinion and that of fellow interested persons
Unfortunately Coinwealthinv is under the impression that it was for financial recovery. IF I offended you or Coinwealthinv I.apolize. As of now I,d like to politely cease communication with Coimwealth with no want to retrieve my deposit.
TheAdmin
You are being held hostage by a scam! Cease communication with them and recover your deposit. Sooner or later what you fear now will manifest and you will be disappointed. In case you want your deposit and this fraudulent people have refused to give it to you, just sign up with this money recovery company https://mychargeback.com/consultation?a_aid=151082
Cat
Greedy liars.
I fell for the scam too because some how they connected their fake advertisement to what I thought was the Commonwealth Bank platform. In my eagerness to make some quick money off this arbitrage idea, I gave them $1500. My “senior” account manager was called Thomas Atterman. A friend who has a long history of financial consulting found out what I was doing and asked me some more questions about it, he also asked me to provide him with the links to this advertisement. He looked into it and told me that they were con artists, very possible Russian based. So what did I do to get my money back???
I scammed the scammer!
Because they are so greedy I offered ‘Thomas’ an offer he couldn’t refuse. I used my feminine charm and made him believe that my father was a wealthy man who would invest tens of thousands. But he wouldn’t do that unless I could guarantee the company was legit. In order for them to prove that they were a trustworthy company, I said my father wanted to see me freely withdraw the $1500 I had already invested. I acted really excited and hurried Thomas to approve my withdrawal saying we needed to get it done quickly before my fathers generous offer would dry up. He fell for it and I got all my money back!! I had to play the game and be very calm and not change my personality, even tho when I found out I wanted to stick pins in his eyes!!!
Robin
Coinwealthinv are definitely scammers because I am a victim.
They promised very good returns with Arbitrage so I did some research about Arbitrage and it is a legitimate means of trading crypto with very good returns.
On this basis I invested the discounted minimum of $183USD and saw an immediate 8.3% return. This was done once per week for 2 weeks to prove it can be done .
I was then told by my Senior Account manager, Marc Julian, that if I then increased my investment, he would guarantee a 6.8% return on a weekly basis going forward.
On this basis, I increased my investment to $5,000USD and received a bonus of $340USD in my account, which I was allowed to withdraw.
All the time, I was being encouraged to increase my investment to $100,000USD because I would receive even greater returns and could participate in an investment strategy using CFD’s.
Their senior trading analyst, Andy Broks, was educating me in on CFD’s (Contract For Difference) and how the trading works specifying my investment was 100% safe with no risk.
This was because the Arbitrage bonuses were the funds to be used for CFD trading which also has 1:10 leverage.
While being guided down this path, I was doing further research and all indications were that this was a sound process.
I then increased my investment further and received my first bonus at 6.8% as promised and was allowed to withdraw that entire bonus.
I specified if I was to go to the $100kUSD level that I wanted to be able to withdraw at least $5,000USD every month which was confirmed I could do and leave the remaining bonuses for CFD trading.
I was also advised I could withdraw my entire investment any time and just had to give prior notice.
This helped convince me I should invest more, which I began to do. However, during that process my bank contacted me to ask a few questions about my withdrawals.
It was during this questioning I realised this was most likely a scam, so I asked Marc for the money I had invested so far to be returned.
He made several excuses about why this would be difficult and continued to try and convince me to ignore my bank’s concern and keep sending more money.
I insisted I wanted my money back and he then said he would need to talk to his finance dept but would make it happen.
The next day I tried contacting Marc but he was not responding to my attempts. I then checked my online account and found the login page had been removed from their website so not able to access my account.
I sent a request to the support email and received no response. This then confirmed I had been scammed.
Being in Australia, I confirmed with my bank I had been scammed and they are now investigating along the AFP, ACCC and ACSC.
I discovered another website at Coinwealthinvest.com which has a different look but promising similar high returns. I would recommend this be treated with great caution.
Sharron
May I request that all previous emails sent in my name be deleted. Thank you Sharron
Graeme Mills
I dealt with Thomas Ackerman who seems to have disappeared off the face of the Earth. I only ave him AU$250.00 and after 30 minutes he showed th amount had grown by 5% which is wh he guaranteed. He then asked me to deposit more money which I refused. After several weeks of constant emails and phone calls from him, I told him I wasn’t interested. His email no longer works. I don’t know how to get my money back?? Any help would be appreciated. Thanks. Graeme.
Lou
They scammed me for 250USD. Pretty sure they us phoney names and change there domains constantly. They suck you in and block you from the platform. No way to contact them after the scam.