The UK Regulator Financial Conduct Authority (FCA) issued an investor warning in September 2020 against the disclosed broker Scam Capital Way (www.capitalway.com). The forex and crypto broker scam is operated by Eastridge Capital Ltd, a Marshall Islands, and is identical with the Capital Way Group scam (www.capitalway-group.com) and Capital Group Ltd, Bulgaria. Credit and debit card payments are processed through Bitcoin and the Estonian payment processor CoinTandem.
Credit or debit card deposits to the Capital Way scam are to be made actually made through the purchase of BTC. For this purpose, the client-victims will receive detailed instructions from Capital Way Group via email. These instructions should make sure that you first buy BTC through CoinTandem (www.cointandem.com) and then the BTCs are automatically transferred to the Capital Way wallet. Hence, no chargeback request to the bank or credit card companies are possible for Capital Way victims.
Download the CoinTandem Payment Instructions here
CoinTandem is operated by Tech View OÜ registered in Estonia with Yotam Namir and Robert Provorov as its directors. The company has one of the thousands of worthless Estonian crypto licenses to operate on online wallets and exchanges.
