A company called Cauvo Capital claims to be “a decent broker who opens up the exciting world of trading to its clients.
Get instructions on how to withdraw funds
But with a careful study of the company's activities and its proposals, it is easy to doubt its decency.
What is wrong with the Cauvo Capital broker and why it is undesirable to cooperate with him, we will understand further in the article.
General information about Cauvo Capital
The first thing to note about this project is that Cauvo Capital created two identical resources at once.
These are twin sites with similar domain names: cauvocapital.com and cauvocapital.org.
The domain of the first was registered in October 2022, the second - in February 2023.
Although the sites themselves look quite decent and do not look like simple cheap stuff, this phenomenon is not at all typical for decent companies.
Backup twin sites are often just used by fake companies that are engaged in illegal financial activities, because at any time one site can be blocked.
Then there is an opportunity to keep your customers and not stop your activities, immediately switching to a spare resource.
What does the company have with documents?
The first thing you should pay attention to when familiarizing yourself with the site of any broker is the documents that must be carefully examined for their authenticity.
The founders of Cauvo Capital, as it were, created a good illusion of having the necessary documents, but in reality they are not.
Admins on both sites have created "Legal Documents" sections, which contain 9 files each. But these are absolutely not the documents that should be.
The files are filled with user agreements, refund policies, everything, but two of the most important official documents are missing:
- registration certificate;
- license for brokerage CauvoCapital from the state. regulator.
Although there are no copies of these important documents anywhere, the creators of the platform, as it were, described their content and placed this description in the footer of the Cauvo Capital website.
At the same time, scammers do not hesitate to indicate the amount of the minimum deposit of $500.
Registration and license
Project admins report that the site is managed by Cauvo Brokerage Mauritius LTD.
The license was allegedly issued in the state of Mauritius, a well-known and popular offshore.
But this is another lie, since CauvoCapital admins did not specify either the legal or actual address. They limited themselves simply to the text that their company was registered there.
But after checking this information, it turned out that there are no companies called Cauvo Brokerage Mauritius LTD or Cauvo Capital in the register of the state of Mauritius.
There you can find a company with a remotely similar name, but it has nothing to do with this office.
So, the lack of a license is a clear sign of a pseudo-broker who is trying to impersonate a legal company.
The project is a clone of BTG Capital
The launched two projects of this pseudo-broker are not the first attempt of its admins to cheat on the alleged provision of services in the field of exchange trading.
They had already done such tricks, and they themselves burned one of them.
Due to their greed, and besides, stupidity, they did not change the phone number.
The CauvoCapital admins spared even this money and indicated the phone number of the already closed site of the BTG Capital scam.
The design and content of these two resources are identical, even with this, the scammers did not bother, simply copying everything from their previous project.
Reviews about Cauvo Capital
This office is not engaged in stock trading.
On a special scam trading platform, scammers contrived to show a convincing imitation of the trading process.
Swindlers show naive clients the painted profit, although no deals are actually made.
Then the scammers again and again start talking with customers about increasing the deposit.
The victim is shown an allegedly growing account, and she replenishes it again. This continues until the client wants to withdraw money from Cauvo Capital. This, of course, he does not succeed, since in reality the money has long been stolen.
But scammers, before blocking the account, are still trying to demand payment of insurance and commissions in order to restore the right to withdraw.
Reviews about Cauvo Capital indicate that the company is playing a foul game.
However, you can also find positive reviews of CauvoCapital on the net, in which clients exaggerate their trading experience in this office. Naturally, these reviews are custom-made.
Conclusion
The Cauvo Capital company was created by arrogant and experienced scammers, and no one managed to make money on this project.
If you have lost your money with this pseudo-broker, seek help from specialists!