Monday, December 23, 2024

Investor warning against the Capital Professionals Reserve broker scam

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Capital Professionals Reserve a/k/a CPR (www.cp-r.net and www.cp-r.top) operates the forex and CFD broker scam allegedly in St. Vincent & The Grenadines. No further details about the operators can be found on the website. Also, one searches in vain for links to social media outlets. Scams usually work without their own social media accounts. The scam attacks consumers in English and German. The German regulator BaFin has announced investigations against the scam.

The content on the website cp-r.net justifies the assumption that Capital Professionals Reserve is unlawfully conducting banking business and providing financial services in Germany, BaFin finds.

Deposits of potential victims to the scam are only possible after first contacting the account manager. These “account managers” are boiler room agents using lies and unrealistic promises to persuade consumers to make deposits. Stay very far away from Capital Professionals Reserve people and their scam methods. This will save you money, frustration, and the theft of your data.