Scam Alert: TrustCoin Africa Limited, registered in South Africa out to defraud across the Continent

A Registered South Africa company

TrustCoin Africa Limited is out scamming across many countries in Africa and beyond. Notably the so called company is operating and receiving investments from unsuspecting citizens of Nigeria, Ghana, Kenya  and South Africa among others.

 The company is registered in South Africa with number SA83377770, according to the website ( https://trustcoinafrica.com/about )

Aside receiving payments in a cryptocurrency Bitcoin, in Nigeria the scam TrustCoin Africa Limited is also receiving cash through a Sterling Bank account number: 8511001179. The Account Name is EDIRI VIGHOR.

For BTC, the company is using an account with Luno. It has three levels of investment circles: three days, seven days and thirty days.

TrustCoin Africa Limited claimed it's offices are located in South Africa and United States:

South Africa — 47 Openview Drive, Hogsfront, Eastern Cape, South Africa.

US —  8145 Beechwood Lane, Plymouth, MA 02360, Massachusetts, United States.

 Phone: +1 5143124165

Name of the Principal Officer: Francisco David.

Reliably gathered, the site has not been paying any investors for the past 4 weeks and still counting whatever current payment claims are just computer manipulations via algorithm.

All other online reviews by the Scam Alerts clearly revealed the organisation to be a scam as it offers unrealistic returns on investments .

The Nigeria's anti corruption agencies especially the Economic and Financial Crime Commission (EFCC ) should look into how to halt the activities of TrustCoin Africa Limited in Nigeria and through interpol bring the perpetrator (s) to book.

Latest News Plus 

Exclusive: Admiral Group Nigeria, a Scam- Cardiff Office Confirmed, EFCC, others should note

 The Admiral Group Nigeria which claimed to be a branch of the main Admiral Group headquartered in Cardiff, United Kingdom has been confirmed to be a scam.

The Admiral group (ADM) office in Cardiff earlier in an exclusive telephone conversation with the Group Admin of Latest News Dele Abiola said, the company has no branch in Nigeria and that the company has offered no online job opportunities for anyone. (The UK company was reached via it's public telephone number: +44 333 220 2062)

Also in a reply to the message queries on the Instagram page of the group, ADM  said it has no branch in Nigeria. The Cardiff company denied having anything doing with the website and app link (https://adm56.com) With which Nigerians have been offered online scam job.

However, while the Cardiff office denied having any branch in Nigeria and refuted the web and app link, the profile message of the scam site says otherwise.

(Updated)

The scam site has been using more than three different account numbers to collect money from those buying into their online scam job. Out of the three account numbers, only one looks company while the other two are individuals.

Company account

Individual account

Individual account

Another individual account

The ADM Nigeria which plans to celebrate it's 5th year anniversary in Lagos by January 15th 2022 account to the latest announcement on the website and app has been defrauding and collecting money from unsuspecting Nigerians base on it's designed VIP levels.

The NIGERIA ADM also assigned online daily tasks per each level to make it look real as each subscriber has a numbers of tasks and prices attached also per  each level:

The online site stopped honouring withdrawal request of it's online employees in December citing banks closures for  Christmas and new year holidays. (This against the internet banking services) It promised to resume payment by January 4th 2022.

 Instead of resuming payment on the said date, it cancelled all pending withdrawal orders of the employee subscribers. ADM then asked all employees to pay personal income tax of 7% upfront for three months before withdrawal can be made and honoured. According to the info on the online site and it's app, such was the request of an agency in the Nigeria's federal ministry of finance.

It also added that the verification of the individual app/web account will be done by the Nigeria's Central Taxation Bureau.

Latest News opened that these are unfunded and contrary to the direct taxation faced by employees as the said 7%VAT can be deducted even without the consent of the employees before the final payments are made into the individual employee's bank account. This is the usual practice in all governmental , public and private organizations in Nigeria.

Reaching out to most of the ADM Nigeria admins on phones and via WhatsApp messages for clarifications and request for the government's paper (s) for such their actions, while most of their phone numbers were perpetually switch off,  some refused to pick calls and one of them threatening to be an herbalist,  others who choose to respond have neither been able to provide any clarification or any government paper of instructions to such effect  as members of their groups were also demanding to see such information they received from Nigeria's Central Taxation Bureau as claimed by ADM.

 They further resulted to threatening their subscribers that their account balances will be wiped off should they not pay their personal income taxes before the deadline.

The least invested amount of money paid into those accounts to secure the said  online job  is #17,000 with the highest been #6,800,000

Some who have considered themselves been scammed have reached out to the EFCC on the Eagle Eye app.

While investigation still continues, Latest News  calls on the Nigeria's finance Ministry and central taxation bureau as claimed by ADM or FIRS to make public if their is any information as regards what Admiral Group Nigeria has been display both in the website and in it's app.

Also it has not been established that the Admiral Group Nigeria is registered by the Nigeria's Corporate Affairs Commission (CAC)

EFCC and other appropriate anti graft agencies are hereby called upon to monitor and investigate the above bank accounts as well as the activities of the fake Admiral Groups in Nigeria.

Keep #DeSo Community safe: List of Authentic and fake #SCAMALERTS

 FAKE #SCAMALERT HANDLES

1. @Scam_Identified_DONT_BUY

2. @scam_alert

AUTHENTIC #SCAMALERT HANDLES

1. @SCAM_DETECTED

We will be updating this page as soon as we can confirmed a Scam Alert page to be authentic or fake. Members of the community can also tage @LatestNewsPlus for any suspicious or authentic page of scamer alert page.

Correctly, there are a lot of such pages on DeSO which can't just categorized either as authentic or fake.

But unlike the confirmed authentic page above, they are all out to make profit by destroying other creator coin via false flags without any due diligent search.

They too can and should be flagged and added up here for people to know which is which.