Modern technology not only allows static images to be fake; Even the faces and sounds in dynamic videos can be fabricated using AI technology; Counterfeiting a legitimate dealer's website does not require much technical expertise to achieve it. Therefore, some well-known financial institutions are often impersonated by fraudsters and used for investment and financial fraud, and Plus500 is one of them.
This plus500 website is really doing well, and I didn't even realize it was a fraudulent platform at the beginning, "said a recent victim of counterfeit Plus500.
Because I didn't recognize it as a fake Plus500 at the beginning, and the first deposit went very smoothly, Huiyou continued to deposit over 80000 yuan into the "Plus500". When it comes to the second withdrawal, the problem arises - all investment funds are frozen in the trading account and cannot be withdrawn.
Huiyou inquired about the reason for the freezing of funds in "Plus500" and was informed that the withdrawal plan provided by the financial management department requires payment of 50% of the account amount. During the process of borrowing money from his family, Huiyou realized that he had encountered a scam and quickly checked "Plus500". Through comparison, he found that his platform was different from the real Plus500, and he entered a counterfeit platform.
The bloody experience reminds everyone not to trust the internet to make money, it's really all a routine, "Huiyou realized.
Plus500 is often impersonated by scammers. In August, an investor discovered that the platform's customer service had lost contact while making a deposit on "Plus500", and later discovered that they were entering a counterfeit platform. In June, a complainant also claimed that there was a suspicion of a counterfeit Plus500 black platform. This platform first attracted people to enter the network with small deposits and profits, and then refused to give up the funds after investing a large amount of funds.
Please note that 'true' Plus500 does not accept Chinese customers
At present, based on feedback from exposed users, the websites known by Tianwang to counterfeit Plus500 include: plusp500.com (fraud is still running), plussipro.com (fraud continues after renaming), and fxplus500.co.uk (currently unable to open).
The domain name of plusp500.com is very new and was created on February 25th of this year. It claims on its official website to be a global multi asset financial technology group, a trademark of Plus500 Limited, and operates multiple subsidiaries: Plus500UK Ltd is regulated by the UK Financial Conduct Authority FCA; Plus500SEY Ltd is regulated by the Seychelles Financial Services Authority's FSA... and the true Plus500 platform does hold multinational licenses, but there is a prominent label in the trading section of Tianwang that reads "Currently not accepting Chinese customers". Some Huiyou have tried, but if you live in China and register with Plus500, you will encounter obstacles on this interface (as shown in the following figure). You should have known this earlier, and I believe the victims mentioned in the article will not have been deceived into counterfeit platforms.
The fxplus500.co.uk, which cannot be opened at present, was once listed as a warning by the UK FCA, claiming that it is a counterfeit company that illegally provides financial services without authorization. Although many regulatory agencies often update warning lists nowadays, the speed of warnings can never keep up with the speed of counterfeiting. Please make sure to verify whether the platform's claimed regulation is true before investing.
