04.01.2023
Elitecryptogains pretends that investors are provided with fantastic opportunities to make fast and safe money with forex trading as well as when trading stocks and cryptocurrencies at the same time. Everything at Elitecryptogains is an investment scam. The money has landed right in the pockets of investment scammers. Everything the investor sees on his screen is deception. Nothing is traded on elitecryptogains.net. Not a penny has been invested. Can you report any similar experiences? What can investors who have been deceived by elitecryptogains do? How can investors get their money back from rogue providers? What help is available in case of investment fraud?

Elitecryptogains: Affirmations are unbelievable and unserious
What do astonished prospective investors have to read on elitecryptogains.net? "The investment management potential created by the company's professionals was the real reason for the conversion. Since elitecryptogains.net has shown outstanding performance and significantly increased its assets in the past period, the decision was made to offer its investment products through specialized online services." This is just a small sample of the suspicious assurances that curious people can find on Elitecryptogains' website. Not one of these given assurances by Elitecryptogains has been kept. Unfortunately, suspicious business practices rather make for unhappy investors and bad experiences!    

Elitecryptogains: Who is behind it?
Answering this question is likely to cause trouble for investors because Elitecryptogains makers do everything they can to disguise the true circumstances. However, this is nothing unusual because the perpetrators usually run several of these websites with the same fraudulent business model. They are created in series, uploaded to the Internet without stopping, and shut down just as quickly. Moreover, the top-level domain is changed again and again to confuse financial regulators and law enforcement agencies. 

But who runs elite crypto gains?
The elitecryptogains.net website does not provide any useful information in this regard. Although the company elitecryptogains.net PLC (Panama) with the business address 15 Alexandra Corniche, Hythe, Kent, United Kingdom, CT21 5RW is listed, the makers of Elitecryptogains are not to be found under this address, after all, it is at best a letterbox company. Furthermore, there is the e-mail address admin@elitecryptogains.net and the British phone number +44 203 6086790. The domain elitecryptogains.net was registered on 15.11.2022 at Hostinger, UAB.

Elitecryptogains: Scheme of the investment fraud
The investment fraud plays out over and over again according to the same scheme: investors get in with a small sum - often 250 euros - and quickly see this amount multiply, so they are ready to "invest" higher and higher sums. The worries start immediately when an investor wants to have his money paid out, because now flimsily first of all taxes, commissions, fees or anything else must be paid. Many investors realize far too late that they have fallen for investment scammers who never intended to pay out the money again.

Elitecryptogains: What help is available for investment scams?
How to act in case of investment fraud, many investors ask themselves, because filing a criminal complaint hardly makes sense, because these serve mainly the prosecution, but not the recovery of the money. What kind of help can one hope for in investment fraud cases and how do affected investors get their money back? A lawyer specializing in investment fraud must know how to follow the money trail, because as it used to be said, money is not gone, but somewhere else. Nowadays one can add: It is tricky, but with the right tools it is possible to track money digitally regularly - even if it was deposited with Bitcoin via a Crypto Exchanger.

RESCH Rechtsanwälte GmbH - Experience in investor protection since 1986
If you have been a victim of Elitecryptogains and want to know if and how you can get your money back, call +49 30 885 9770 or fill out the questionnaire. You will receive a free assessment of your case.
 

See also the warning we described published on 28/02/2022 by the FCA