Crypto Quorum (Crypto-Quorum.com) is a poorly constructed Ponzi scheme targeting inexperienced online cryptocurrency investors.
Promoting unrealistic returns while trying to build credibility through the easily deceived UK corporate structure, as you will soon learn Crypto Quorum is not a legitimate investment opportunity.
To find out more regarding Crypto Quorum and why you should avoid this scam, we invite you to read our unbiased review.
What is Crypto Quorum?
Crypto Quorum promotes their platform as a high-caliber investment opportunity that delivers life long investment returns for their investors.
During the time of writing this review, Crypto Quorum stated on their site that they have allegedly paid out more than $38,800 to date while supposedly supporting a $10,000 warranty to investors to prevent any loss of funds.
Unlike other Ponzi schemes that we have exposed in the past, Crypto Quorum does not put a limit on the total number of accounts one can have open at a time (they are hoping you create as much and deposit as possible to further line their pockets).
Who is Behind Crypto Quorum?
Crypto Quorum tries to build credibility by including the following corporate information on their site: 10 Conduit Street, London, UK, W1S 2XH Registered Number: 11604107.
A CompaniesHouse report will reveal that the registered number of that corporate address is for Crypto Quorum LTD, a company recently incorporated on November 29th, 2018 by Stefan Ruiz.
According to the report, Stefan Ruiz has a correspondence address of 173 Clapham Road, Stockwell, London, United Kingdom, SW9 0QE.
The correspondence address when searched does not come up as a complete address, meaning that only partial segments of that address are legitimate.
This discovery prompted us to investigate the registered address of Crypto Quorum LTD, which matched 7 other corporate addresses and does not appear to be a legitimate address either.
As we have stated time and time again, many illegitimate cryptocurrency ventures are attempting to use these easily created UK corporations as a credibility crutch, when in reality it does nothing but further deteriorate the appearing legitimacy of their platforms.
Crypto Quorum can allegedly be reached through their contact submission, live chat or through their email address of [email protected].
How does Crypto Quorum Work?
Now that is the million dollar question!
Crypto Quorum does not share any insight regarding how their platform accrues revenue for their investors.
Whether they have a team of investors that invest on your behalf or whether they are just buying lottery tickets and hoping for a big payout we are unsure.
What we are sure about though would be that trusting your money and faith with an investment venture that fails to include ANY information regarding how they plan to make money for you is not a wise investment decision.
Allegedly, Crypto Quorum supports the following 3 investment plans:
Daily ROI: 5.5%
Deposit Minimum: $30
Deposit Maximum: $999
Daily ROI: 7.5%
Deposit Minimum: $1,000
Deposit Maximum: $4,999
Daily ROI: 9.5%
Deposit Minimum: $5,000
Deposit Maximum: $15,000
As we have already stated, all the investment plans allegedly supported by Crypto Quorum are lifelong investment plans.
The following deposit methods are accepted at Crypto Quorum: Bitcoin, Litecoin, Ethereum, BitcoinGold, Dash, DodgeCoin, Payeer, VISA and PerfectMoney.
Crypto-Quorum.com was a privately registered domain that was incepted on the same day that Crypto Quorum LTD came into existence (November 28th, 2018).
According to SimilarWeb, Crypto-Quorum.com reflected a global rank of 1,320,141 with an Indonesia rank of 106,372 as of January 10th, 2018.
Given the rather poor web rankings of Crypto Quorum, it is evident that their site fails to receive much incoming traffic, if any at all.
Red Flags & Question Marks
Crypto Quorum does not disclose verifiable ownership information.
Sure, they share information regarding the UK corporate entity Crypto Quorum LTD but as we have made known the addresses included in their corporate profile are only partially legitimate.
To add, Crypto Quorum promises some of the most ridiculous income guarantees to date.
Last but not least, Crypto Quorum claims that although investing in their platform may reflect some risk that they include a $10,000 warranty for investors and imply that they are insured and won’t lose any money.
Is Crypto Quorum Legit?
Crypto Quorum is not a legitimate investment opportunity.
Crypto-Quorum.com Review Conclusion
If you have been considering investing with Crypto Quorum, then we must urge you to stop what you are doing and avoid this malicious Ponzi scheme.
As the evidence shared in our honest review will indicate, Crypto Quorum is not a trustworthy investment venture and exhibits the majority of the red flags that we encounter with similar functioning scams.
Do yourself and others a courtesy by avoiding the Crypto Quorum scam.
Verdict: Crypto Quorum is a SCAM!
Blacklisted Site: Crypto-Quorum.com
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