Robert W.

F anybody has the misfortune of working with these collective scammers, please note the following scam tactics they utilize to remove all money from your possession.

1) Note, No business address is ever posted due to hide from public

2) No office number listed ever to hide from public

3) Hyping up their performance abilities, but complete ignorance of the marketplace.

4) Promoting their credit lines and credit offers. All these offers are traps for stealing your money.

5) Stay away from any credit or leverage offers; these are cash traps if you have money in their system. You will be charged an exit fee or utilization fee for any amount you utilize.

6) If you are dealing with any of the women there who are usually from Slavic backgrounds. These women are exceptional deceivers and manipulators to gain your trust and confidence. A common tactic of these women is to create drama to get you to believe they are a victim of the PrimeWay system. This is a drama tactic. Only do not believe them.

7) Stay away if you can; their entire operation is to deceive and steal as much of your money as possible.

8) They may offer to send you a few dollars back to you to gain your confidence for a larger deposit into their system right after you are sent a few dollars. This is to bait you for more money later on. A common line is you need to build a higher account for greater leverage, so more money is required for great leverage. DO NOT SEND THEM ANY MONEY. YOu will never see any of your cash ever again.

9 A common deception is an ongoing dialogue with you using systems like Telegram or Signal. All of these communication tools are for their depletion to gain your confidence.

10) Remember, if you let them into your crypto exchange, it is like letting thieves into your house to steal everything.

11) I hope my experience can help others based on my unfortunate experience dealing with these criminals. Save yourself the drama and the loss of your money.
12) Good luck

Prime spot -way Trade Scams

A few essential points about Prime spot-way that should tip you off about this organization

Prime Spot way Web Page Scam

1) Look on their web page; there is NO Euro or American Business Address or Phone Number.
2) Prime spot way is not registered in any legitimate UK, Canadian, or American jurisdiction. Check your local fiscal registry to see if they are registered in your jurisdiction. Probably not.
3) The only transactions demanded are demanded in crypto because they can not be reversed.
4) The company claims to operate in Zurich, but NO company is registered on the Swiss Registry. When I checked the Swiss Registry, they are not registered, and, they have never heard of them. A Very Big Red Flag.
5) There is NO Swiss Capital Gain Tax for individual investors. If you are asked to pay a Swiss Capital Gain Tax, THERE is NO TAX! When I asked for the reference link, they ignored my request and gave me a BS answer. A typical scammer response.
The trading software is a SIMULATOR. The trading software is a simulator that looks real, but it is not. If you check your trading portion, you will see your trades are not connected to the gross account value.
The Gross Account Value is a running scorecard but is not cashable, because the green numbers represent a total gain value but not a cashable value. These scammers are very deceptive with their trading simulators.
Loan Scam Bait
Their predator advisors will ask you to increase your trading margin if you want a loan. Their Loan offer is scam bait to get you to send over more cash. When you go to cash out, they demand that their loan be paid off first before they send over any money.
Do not send them any money, because the loan is a scam bait, because if you do send over a repayment via a crypto deposit and expect money to be sent over to you. This loan scam is just one of their tricks.

Tax Scam Bait
The next scam bait is the demand for a Capital Gain Tax of 25% of your gross value. When I said that the Swiss have no Capital Gains and could not prove their, demands, they still refused to send any of my money.

The predators working here are trained to take as much of your money as possible without you having any recourse because of the crypto transfers.
Keep in mind the people that work there are trained predators whose trade craft is deception and to disarm any initial defence people may have.

Any calls from Prime-Spot are to be treated with a hostile response and then hang up. You will save yourself a lot of drama.

I hope sharing my experience can be helpful and of value. There are legitimate organizations, but the Prime Scam way is not one of them.