A UK-registered company, Noir Prestige, is exploiting fears of Trump tariffs to scam Indian investors through the fraudulent Goldtrading Pro platform. Victims are promised lucrative returns on investments but are asked to pay substantial activation fees. The scam reveals links to a company allegedly involved in deceitful activities, emphasising the importance of vigilance in online investments.
A UK-based fraudulent investment scheme is exploiting fears surrounding Trump tariffs to target Indian investors through deceptive tactics. The scam involves a recently registered company, Noir Prestige, and an online trading platform named Goldtrading Pro, both appearing to promise lucrative crypto and stock investments amidst economic turmoil. Victims are encouraged to invest a significant sum for activating trading accounts while being lured by dubious claims of high returns.
The Facebook advertisement features an AI-generated image of a man and individuals disguised with flags of the US and China, suggesting investors find stability during market chaos. Users are prompted to sign up with their email addresses on a site that no one should trust, given its recent establishment and lack of credible operations. The registration date for Goldtrading Pro indicates it was created merely a few weeks ago.
Once registered, victims are contacted by individuals claiming to assist with account activation. This typically includes a demand for a fee of approximately INR 21,000 (USD 250) for trading activation, alongside an assurance of personal account management. However, the website’s payment processing functions do not work, indicating fraud.
Communications with suspects reveal a connection to a payment service called Wise, linked to the UK firm Noir Prestige. Notably, attempts to process payments often lead to the suggestion of purchasing unrelated services, demonstrating further links between Goldtrading Pro and Noir Prestige, which lists dubious investigation services for exorbitant fees.
Conducting due diligence reveals that both Goldtrading Pro and Noir Prestige were registered within months of each other, with a shared narrative of offering unrealistic investment returns. They offer non-existent products disguised as services, making it unclear what exactly investors are purchasing. These scams thrive on deception, targeting vulnerable investors to extract money without a legitimate platform for investment. An email has been sent to the director of Noir Prestige for comments on these allegations.
