Is Quantum Invest Wealth a Scam?

My father-in-law is chatting with girls on WhatsApp. They are linked to this site https://quantuminvestwealth.club/news/11374.html

He calls them sweetheart and similar names. Today he showed me a WhatsApp message where he mentioned he takes their trading tips and invests through Wealthsimple instead of with them. I noticed he put some money into Quantum Invest Wealth but has already taken some out.

Here’s the certificate this company gave him.

I’m unsure what to do and just need confirmation that this company is a scam. Any help would be appreciated.

/u/Objective_Ask_4221 - This message is posted to all new submissions to this forum; please do not message the moderators about it.

New users beware:

Because you posted here, you will start getting private messages from scammers saying they know a professional hacker or a recovery expert lawyer that can help you get your money back, for a small fee. We call these RECOVERY SCAMMERS, so NEVER take advice in private: advice should always come in the form of comments in this post, in the open, where the community can keep an eye out for you. If you take advice in private, you’re on your own.

A reminder of the rules in this forum: no contact information (including last names, phone numbers, etc.). Be civil to one another (no name calling or insults). Personal army requests or scam the scammer posts are not permitted. No uncensored gore or personal photographs are allowed without blurring. A full list of rules is available on the sidebar of the forum, or by clicking here.

You can help us by reporting recovery scammers or rule-breaking content by using the “report” button. We review 100% of the reports. Also, consider warning community members of recovery scammers if you see them in the comments.

Questions about forum rules? Send us a modmail by clicking here.

That’s such a fake document I don’t know where to start.

Your father-in-law is going to lose everything he has all because some random women are giving him attention. Read the automod. Good luck getting him out of this.

@ConArtistConqueror4
Hi /u/onmyti89_again, AutoModerator has been summoned to explain the Pig butchering scam.

It is called pig butchering because scammers use detailed scripts to build trust with the victim over time before they take all of their money. This scam often starts with what looks like a harmless wrong number text or message. When the victim replies that it is the wrong number, the scammer tries to form a friendship. These chats can be friendly or romantic, but they all have the same goal- to gain the victim’s trust before the planned scam.

The scammer usually claims to be wealthy or to know someone who became rich from investing, often in crypto. The victim is then pushed to try out a fake cryptocurrency investment site, which seems to show them making a lot of money at first. They might even be able to make a withdrawal, making everything seem legit. Then, they are pressured to invest much more money, even all of their savings. Sometimes pig butchering scams don’t involve crypto, but other ways of sending money like bank wires or gift cards.

Eventually, the scammer will say the account is frozen for some reason (like fraud or taxes owed) and might try to extort even more money from the victim to access their funds. By this point, the victim will likely never see their money again. Many victims lose tens of thousands, or even millions of dollars. Often, the scammers themselves are victims of human trafficking, being forced to do these scams under threats. If you or someone you know is caught up in this scam, it’s crucial to stop sending money and contact law enforcement to report it. Thanks to user Mediocre_Airport_576 for this info.

A crypto scam with a romance scam involved… that domain was only created last month.

Domain: quantuminvestwealth .club

Registrar: NameCheap, Inc.

Registered On: 2024-09-02

Your father-in-law needs to stop talking to these people as soon as possible and stop sending money. It can be hard for victims to see what’s really happening when emotions are involved, but I hope you can help him.

@tyra
Somehow they have posts dated back to 2018 but have only been a website for 6 weeks, lol.

@tyra
The registrar is known for using its ‘Withheld for Privacy’ for this domain in Iceland. This confirms it’s a 100% scam and the criminals will be nearly impossible to catch.

@tyra
Hi /u/vitaminxzy, AutoModerator has been summoned to explain the Fake crypto wallet scam.

Fake cryptocurrency sites and apps controlled by scammers are becoming more common. Sometimes the scam starts with a romance scammer saying they can help the victim invest. Victims are told to buy cryptocurrency through a real exchange, then to send their cryptocurrency to a website wallet where it will be invested. Sometimes the scam begins with a notice that they won cryptocurrency on a website; messages are often sent through Discord.

In both cases, the scammer controls the site, so they can make it seem like there is money in the victim’s account. Then, the scammer (or someone pretending to be official) tells the victim they need to add more money to access their funds. All the money sent by the victim goes straight into the scammer’s wallet. If the scammer used Bitcoin, you can report the scammer’s Bitcoin wallet address here. If they used Ethereum, you can report it here. You can also see how much cryptocurrency has been sent to the scammer’s wallet here. Thanks to user nimble2 for this script.

You can search for the registration number here. Fake. WhatsApp = fake. Random women showing interest = fake. Fake fake fake fake fake.

The certificate is fake and wouldn’t matter even if it were real. Anyone can start a business in Washington, and that doesn’t mean it’s not a total scam.

Clearly, your father-in-law is being scammed and needs to stop all communication and sending money to this fake company.

@Mason
Financial trading platforms must follow specific registration and regulatory rules to operate legally. I bet these scammers don’t have any.

The founder (Jim Paulson, listed on the About Us page) doesn’t exist. The guy in the picture is Michael Kliger: link

This is a complete scam. Your father-in-law is being lied to and scammed.

This exact fake certificate has shown up here before. If I remember correctly, it had a different business name.

Even though he uses Steve, he would say Steven R, not Steve R on an official document. But scammers often don’t get the nickname thing right, hence the error.

How deep is he in? It’s all probably gone. He needs to cut ties before losing everything.

dalton said:
How deep is he in? It’s all probably gone. He needs to cut ties before losing everything.

I’m not sure, he is very secretive about his money. We have a house we bought together.

@Mitchell
This goes without saying, but I hope you can find out exactly what he’s lost and if it could financially involve you (like if he took out a loan on the house or if he can’t pay the mortgage).

@Mitchell

he is very secretive about his money.

You mean, except with total strangers on WhatsApp?

@Mitchell
Your spouse needs to really dig into this if you own property together. He could easily be spending his life savings on these women. This is a huge red flag.

@Mitchell
Good luck; he needs it.

I hope it’s not a significant amount of money, but it sounds like it is. Have you thought about discussing this with him to get him out of it?