We have received reports from victims of Horizon Group Consulting (www.horizon-groupconsulting.com) allegedly run by HORIZON GROUP LIMITED, registered in the United Kingdom. The company is run by two Britons, Keith Ball, and Ross Keith Ball. They also control the parent company Horizon Marketing (UK) Ltd. Various banks and financial institutions have filed charges against both companies. The scam has already caused numerous victims, some of which have filed criminal complaints with the respective law enforcement agencies and regulators. Stay far away!
The two companies around the scam are registered in Huddersfield, West Yorkshire, England. On the website, the prestigious address Tower 42 at 25 Old Broad St is given. The scam is apparently closely linked to Ukraine and attacks in Russian, Ukrainian, and English languages.
Payment Processors
The payment processors we found are Pure Payments Limited‘s PurePay payment gateway (www.purepay.eu and www.purepaypayments.com) and Estonian InternetCashBank d/b/a Internet Cash Bank (www.internetcashbank.com). The scam prefers to accept cryptocurrencies. Victims are also requested to buy or deposit Bitcoins on Coinbase or Binance. From there, they are then transferred to the scam’s wallets.
The tax thing
The scam also works with the “tax trick”. Before the victims can withdraw their money, they receive a fake letter from a bank asking them to make significant tax payments. The boiler room employees then argue that the tax has to be paid before they can approve the requested withdrawal of the (alleged) balance. Of course, the alleged tax payment is also fake, and the money is gone. Stay very far away.
If you have more information about Horizon Group, its scams, facilitators, operators, please share it with us. By doing so, you will protect investors.
