Investor Alert – Crystal Ball Markets Likely Operating as a Scam

Overview of Crystal Ball Markets

The offshore broker Crystal Ball Markets (www.crystalballmarkets.com) operates without regulation and is purportedly run through a company registered under number 262 LLC 2020 in St Vincent and the Grenadines.

Dubious Team and Social Media Activity

Our review identified only Naina Sharma, listed on LinkedIn as an employee located in Uttar Pradesh, India, but the profile appears suspicious and potentially fake. The broker maintains an active presence on Instagram, Twitter, and Facebook, attempting to build an image of legitimacy.

Payment Processors Linked to Crystal Ball Markets

We identified the following payment processors working with Crystal Ball Markets:

• iPayTotal

• PayStruct

• Perfect Money

• Euro Pacific Intl. Bank Inc.

Naturally, the broker also accepts cryptocurrency payments.

Table: Payment Processors Used by Crystal Ball Markets

Bank Transfer Details and Fake Address

For customers opting for bank transfer, payment instructions list Crystal Ball Markets with an address in Rue De Lilas, Geneva, Switzerland as the recipient.

Upon investigation, Scam-Or Project found that this address hosts:

• A beauty salon

• A cocoa and coffee trading business

However, there is no trace of Crystal Ball Markets at that location.

The broker’s bank account details are as follows:

• Account number: 1000710535

• SWIFT code: EUPNPRSJXXX

• Bank: Euro Pacific Intl. Bank Inc., Puerto Rico

Instagram Promotions and Contact Details

On Instagram, Crystal Ball Markets posts attractive images accompanied by numerous hashtags to appeal to potential traders.

Contact information provided includes:

• Email: [email protected]

• Phone: +44 1244 941257 (UK number)

Final Recommendation

Protect your funds by avoiding unregulated offshore brokers like Crystal Ball Markets. Engaging with such entities often results in financial loss, administrative complications, and significant frustration.

Report Scams

If you come across suspicious brokers or payment facilitators, report them to protect other investors from fraud.