Aceglb Key Facts
🔴 Aceglb offers questionable investment opportunities – a clear sign of a scam!
🔴 Aceglb forges crucial contact information – beware!
🔴 Aceglb lacks a license for the provision of its services – a huge red flag!
🔴 Aceglb's domain has been registered only recently – another off-putting detail!
Aceglb products and services
Aceglb is yet another online scam that promises a 100% ROI in a year after investing with it. There is no way for anyone to double your deposit in this amount of time, of course – Aceglb simply seeks to steal it.
People should always be cautious when dealing with businesses offering enormously high yields because it's scammers' trait to promise big and create unrealistic expectations. In reality, regulated financial companies cannot secure more than a few percents annually with their fixed-income products. There is a huge discrepancy between these offers and the regulated companies standards. Judging by the products and services they sell, we suspect it's a scam, so beware.
Aceglb company and regulation
Aceglb is not a licensed company – it does have a “licenses” section on its website, but the link to it is quite conveniently broken. Given the fact that the company offers such an unusual business model, we do not believe it to actually have anything on that section.
The US financial services regulation is very complex in the USA. Derivatives markets regulation is a responsibility of CFTC and NFA. Forex brokers and most of the investments companies have to be NFA members and CFTC registered to operate in the USA. On the other hand, securities markets are controlled by the SEC, a government independent agency responsible to maintain the integrity of the financial markets.
While SEC focuses more on the procedure regulation insisting on financial reports and management discussion and analysis, NFA and CFTC impose pretty straightforward requirements. To become authorised the companies have to provide 20 million USD in paid-up capital, which is considered a guarantee that the businesses can survive in turbulent times and pay whenever they have to.
Other customer protection measures include clients’ accounts segregation and leverage restrictions for forex brokers- 1:50. Also, CFTC brokers’ clients are not allowed hedging, which is one of the very unique US features. Unfortunately, the cryptocurrencies regulation is still inept, so traders and investors should be wary when dealing with crypto offers.
Aceglb address and contacts
Aceglb provides us with an US address – 52 SW. Rockwell Ave. Los Angeles CA 90022, and not one, but two phone numbers – (213) 215 – 6247 and (213) 240 – 6914. All of this contact information is fake of course – the company is not licensed to deal in the States.
Transparency is crucial when talking about brokers and investment companies, and it's part of the regulatory framework. The regulated companies are open to financial authorities following certain transparency rules, so it's generally unlikely to conduct fraudulent activities. They are also bound to provide the public with crucial information about themselves, making it easy for traders and investors to confirm the company's legitimacy.
Aceglb website info
Aceglb's website has only been online since February 2021 – it's less than two months old at time of writing. This is quite troublesome, as it is also incredibly unpopular- SimilarWeb does not even list it. Young and obscure domains are often the sign of a scam taking place. The IP address it is hosted on, 126.96.36.199, is home to over 30 other domains, most of which scams as well. The ones we have reveiwed can be found below:
The domain owners have also hidden themselves from WhoIs lookups, an in doing so, once more violated the principles of transparency investment firms should uphold.
We paid utmost attention to the regulation and transparency in the sections above because it’s mandatory for trading and investments. Pretty much each company offering financial services have to be authorised by the local financial authority.
However, some entities operate unlicensed and intentionally run investment fraud. It would be best if you only dealt with companies authorised by the regulators, so always check to make sure they are. Bear in mind that if you trade with unauthorised businesses, you won’t be protected, so it’s very likely to suffer losses almost impossible to recover if things go wrong.
Online scam is trending nowadays with fraudulent websites popping up literally every day. The financial authorities increase the number of warnings issued year after year, but the dangers are still out there and growing exponentially. You’ll realise the hazards when you consider OneCoin scam- it’s still impossible to calculate the total loss, but it’s regarded as 15 billion worth fraud. Make sure to trade with licensed and regulated companies to avoid off-putting losses.