Scam Busters
This group is for users who want to highlight and discuss investment scams, since the closure of the Good Money Guide Discussion forum.
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Pacific Peak Capital Partners ltd (clone scam)
- This topic has 238 replies, 59 voices, and was last updated 3 months, 1 week ago by Pete.
I’ve already withdrawn profits, this was after using them to do some more trading, I’ve just withdrawn £700.
I’m not a regular trader and don’t really have much idea what I’m doing so it was more luck than judgement.
Unless there’s another angle or they’re hanging on for a bigger sting then I’m still none the wiser if it is a scam or not.
Definitely not many real people on the WhatsApp group. They said there were 45k participants in the test and they all got $1500, that’s around $63m in total handed out allegedly. And how to they administer responding to 45k people and doing the deposits, that’s a mammoth task.
Like others on this thread I joined a WhatsApp group several weeks ago with exactly the same experience of trading tips, lessons, odd conversations from the bots, raffle prizes of PFIT, SOL and ETH but the platform pushed on me was GPCMax so perhaps a reinvention QOCPlus? I have recently completed round 2 of beta testing Pinnacle Flow 5.0 after being given $1500 and I am now at the stage where I need to hand it back but suddenly the platform is unable to withdraw funds without review and I checked the deposit function and that is also broken so it looks like the end game has arrived! If anyone else reached this stage please let me know how it concluded and what pressure came back from the assistant to extract the funds. I also foolishly deposited some funds thankfully nothing of significance and expect this to now be lost. I will also be keeping a close eye on odd credit activity as I submitted ID for verification. It is amazing how I kept seeing the red flags but fell for it. I hope anyone else new to this thread takes this experience and doesn’t make a serious mistake with large sums of money
The end of phase 2 has come. I managed to transfer the 1500 back no problem, and transfer out the 231 profit if I do choose. VUBE always ‘reviews’ withdrawals and you have to set up a ‘withdrawal’ password. As long as it is going to your own wallet (I presume) then it’s approved and your assets get transferred. I’m not gullible and am looking for the sting, but so far nothing untoward has happened 🤔. I realise its full of bots etc, but until proven wrong, I still think this is a massive advertising campaign proving everything can be run by AI, from advice to full trading automation.
Like you Jamie I am thinking if I do get to return the funds successfully and I hadn’t deposited any of my own money what are they getting out of this? Are we inadvertently laundering money perhaps – who knows at this stage
I’ve sent back the £1500 and withdrawn £300 profit to my own wallet. So with that, and the 6 x £30 ‘prizes’ from the lottery, I’m still waiting for the scam, because I’m sure there is one! It has to be the token push…
I’m a member of this group, and I have to say, I’ve made over a hundred grand from the stocks shared here. Believe it or not, that’s the truth. I’ve also done really well with the futures trading I’m doing now, also true.
So let me ask you something: if this company is what you’re claiming it is, then why have their stock tips made me so much money?
I’ve worked with loads of investment advisers over the years, and finding one who delivers returns like this is incredibly rare. I even offered them 20% of my profits, but they turned it down. I’m sure they’re making plenty just from providing stock info to traders, so I really struggle to buy into your claims that they’re scammers.
If you reckon you’re right, then stand up in the group and call them out directly instead of sneaking around here slagging people off.
Hi Jamie are you Jamie D2 from our group?
I’m Eustace reckon you’ve seen me around in there:)
I was a bit bored today and happened to stumble upon this thread. Honestly, the arguments going on here are quite amusing — even a little laughable at times. Just to be clear, I’m not taking sides, nor am I speaking on behalf of anyone
First of all, I’m not inclined to favour either party, but human logic tends to follow similar patterns. Here’s an example:
Let’s say you’ve never used Binance before, and someone tells you, “Binance doesn’t allow withdrawals.” That single comment plants a seed of doubt in your mind
As a result, when you do use Binance in the future, you’ll probably be extra cautious — and unlikely to deposit a large amount of funds
So if you’re not putting your funds on Binance, where will you put them? Could it be Coinbase? Or perhaps Kraken?
And that leads to the question — who’s spreading negativity about Binance, and isn’t their motive starting to look a bit obvious?
It’s like when someone tells you a certain restaurant has terrible hygiene and awful food — you’re naturally going to avoid it when choosing where to eat.
So who exactly is creating this fear? And what might they be trying to achieve?
Haha — let’s stay rational while we watch the drama unfold.
Rational gossiping, folks. And hey, give this comment a like and push it up!
Yeah we’ve chatted in the group
I think these people are like clowns only brave enough to talk big here to grab attention. Why don’t they ever have the guts to stand up in the group and set the record straight?
There’s only one reason: they want to make money from other people’s trading signals too. I’d bet they’re still in the group right now profiting from signals others share whilst bad mouthing them at the same time. People like this are basically parasites.
These lot are probably even sharing the group’s trading signals with people who don’t know any better making out like they’re their own signals then pocketing a cut of their profits. And then they post all this rubbish online to smear others and suit their own agenda.enefit.
Speaking of LinkedIn, why don’t you share your LinkedIn so we can all have a look?
You’re going on about others, so you lead by example first:)
I’ve questioned lots in the group I’m in, simple things like ‘where’s everyone from’ – no one answers, that’s weird.
They are now coming out with an amazing deal for everyone for early access to this amazing system, it’s smelling more and more fishy!!
Conflicting information, one says a one-off fee another says an annual fee – $100k of profit every single year just to cover fees – come on!
Im joining this thread. Have been part of the group for a month or so. Like others have made good returns from signals and was part of the second round of Beta testing. I did put some of my own money in PFIT, benefitted from price increases and as a test sold it all and transferred the money out. All of this worked after a a few hours of the transaction pending (was about $20k so large enough to attract attention. I have had suspicions about this from the start and agree that: 1) most of the members and at least the assistant are bots. I had a conversation with the assistant about this, but that is obviously useless. 2) I cannot find any link between PPCP and the other two firms, 3) none of the the people involved have credible social media or professional presence – most people today would leave traces on Linkedin, IG, FB, their local flea market group, etc so this is strange 4) I cannot find any awareness or discussion about PFIT or PinnacleFlow in the usual chatter of the crypto communities, which is strange. The only media presence is their own press release in May and a few bits since.
Right this minute they are offering continued access to the system for the Beta test group with a minimum lock-in of $1,000 per member. Whilst this may well be ‘the scam’ it seems hardly worth all of the effort. I therefore continue to be slightly perplexed, convinced that all is not right but currently benefitting from growth in the value of PFIT that outstrips the return that their system delivered per day during Beta testing
All the above is a fairly good summary.
I can add a bit more info to this today. I contacted PGIM directly and spoke with them. They came back to me and confirmed:-
I have checked with relevant parts of the business and can confirm that we have no affiliation with this company. Thanks again for flagging this up to us. We are escalating this up to our compliance team.
They actually have a website alert page dedicated to scam companies using their company name to add credibility.
Just have a Google yourself and you’ll find it and also call them. I can post a link but it might be better if you do it yourselves. No doubt some helpful soul just passing will come up with some reason why this is inconsequential and how it makes them laugh 🙂
This, plus all the above and the absence of regulation would surely make PFIT worthless at some point?
As I said before, if 40k of us put 1000 of our own money in that’s 40 million dollars. That’s surely worth it big style??
I’m gutted, I was really hoping it was legit. I made good returns early on but the last few
ANET dropped 10% on signal day (only 2% down now), WPM dropped 10% on signal day and stayed there and HIVE is only 8% down. All 3 were top of the market at the time.
I got burnt with ANET and swerved the others.
Good luck to you Andries, that was a massive leap of faith to deposit 20k and get it out but Im afraid I dont share your conviction and 40 million is definitely worth it.
Sorry, just seen it’s 2000 you have to put in now, so 80 million!
Good luck if you carry on people!
Just to clarify…I did not put $20k in; I put around $13k in and the rest was profit.
Another thought, assuming you believe the number of members that they claim, the testing period yielded $20m total profit in two weeks, using their funds but giving away the profit to the members (several people here have had the profits and were able to transfer it out). Surely it is easier to do that for themselves for a few months and easily make the $80m legitimately. They could of course have faked the numbers as they only have to pay the actual human members, but that also reduces the ‘scam’ amount that they stand to benefit from. I am just not convinced that it stacks up and it just seems too elaborate a scheme and risk for the return.
What is very clear at the moment is that they are pushing PFIT hard and since they created it and controls most of it, they stand to benefit most. There is always the possibility that they are simply trying to do what every crypto project tries to do, i.e. increase demand and uptake of their coin so the creators can benefit.
I remain undecided for now.
I have made enough from the price increase in PFIT to participate in the next phase using ‘their money’ rather than mine so will provide updates in due course.
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