CenturySecurities Review – Impersonation Scam

Welcome to our Century Securities Review regarding the websites previously at centurysecurities.xyz and centurysecurities.top.

Did they scam you? Let us know by commenting below this review.

On November 30, 2023, one of our partners received the following complaint from a person who reported being scammed for $10K:

I am investing with centurysecurities.xyz, which is presented as an international trading market. They informed me that their programmers would assist in trading to generate profits. The programmers frequently advised to buy, and only at the last moment did they suggest selling. Unfortunately, following this advice led to a loss of all invested money. Could you please provide a review of this site?

So, is centurysecurities.xyz really a SCAM?

The report about century securities exhibits several red flags commonly associated with investment scams:

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  1. Over-Promising Returns: Promising high profits with little to no risk is a classic sign of a scam. Legitimate investments always carry some level of risk.
  2. Pushing to Buy or Sell: The strategy of persistently advising to “buy” and then suddenly switching to “sell” at the last moment can be a tactic to create artificial demand and manipulate stock prices, a practice known as “pump and dump.”
  3. Loss of Investment: The total loss of funds following the advice given by the platform’s programmers is alarming. Genuine investment advisors aim to preserve and grow your capital, not jeopardize it completely.

Centurysecurities.xyz Review

Centurysecurities.xyz was registered on June 30, 2023, for one year through GMO Internet Group, Inc. d/b/a/ Onamae.com. Cloudflare protects it while NTnet Operations hosts it.

It has just 2 backlinks from website directories.

The site is no longer online as of December 4, 2023. On Google, only 2 pages from the site are still indexed, the Login page and the registration page.

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    There are no century securities reviews on Google, making this the first. However, we found a link from another domain, centurysecurities.top, leading to centurysecurities.xyz.

    Centurysecurities.top Review

    Centurysecurities.top was registered on May 31, 2023, for one year through GMO Internet Inc. Cloudflare protects it, while NTnet Operations hosts it. The registrant contact is Wang Peng from State “183744” and Country China.

    It has a 2% SEMrush Authority Score with 3 backlinks from web directories.

    Centurysecurities Reviews

    Like centurysecurities.xyz, centurysecurities.top does not currently have any reviews online.

    We are left wondering, are there any other century securities sites with other TLDs?

    Centurysecurities.com appears to be a legitimate website. It redirects to stifelindependence.com, the website of Stifel Independent Advisors, LLC, a Member SIPC & FINRA, and a subsidiary of Stifel Financial Corp.

    Centurysecurities.net and centurysecurities.org are using ns1.stifel.com nameserver, indicating Stifel also owns them.

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    Complaints We Received

    On December 31, 2023, we received the following complaint from a person who reported being scammed for 1,000,000 (currency was not specified):

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    Just like when I registered on centurysecurities.xyz, there was a person named Mila Jagtap on Facebook. She claimed to be an advisor and promised to help gain profits 3 to 5 times more on this platform while trading. Initially, you have to top up, and then they apply for a code from a programmer who supposedly assists in trading. I did the same thing. The programmer instructed to ‘buy, buy, buy’ and at the last moment, said ‘sell’. There wasn’t much time to switch from buy to sell options, resulting in the loss of the entire amount.

    In a second instance, I invested 1 lakh from another ID. Mila arranged a quota and we traded again. This time, the 1 lakh increased to 1 crore. However, when we attempted to withdraw, the platform claimed it was abnormal trading and illegal profit. They demanded a deposit of 10% of the profit before releasing the funds. That’s when we realized this team scammed us. All the people are working together in this scam.

    The person responsible can be found at this Facebook link: https://www.facebook.com/sk.azies


    The investigation into centurysecurities.xyz and centurysecurities.top suggests a high probability of these sites being involved in fraudulent activities. The key indicators include over-promising returns, pushing for quick buy-and-sell decisions, and a total loss of investment, aligning with common traits of investment scams. Additionally, the lack of substantial online presence, minimal backlink profiles, and the disappearance of the websites add to the suspicion.

    The connection of these sites to a potentially legitimate entity, centurysecurities.com, redirects to a known financial services provider’s website, adds complexity to the situation. However, the absence of direct affiliation or acknowledgment of centurysecurities.xyz and centurysecurities.top by the legitimate entity indicates that these might be cases of brand impersonation or misuse of a legitimate name to deceive investors.

    Bottom Line

    Given these findings, it’s prudent for potential investors to exercise extreme caution. It’s essential to conduct thorough due diligence, seek advice from financial experts, and rely on platforms that have a proven track record and are regulated by financial authorities. Remember, if an investment opportunity seems too good to be true, it likely is. Protecting oneself from such scams involves being informed, vigilant, and skeptical of any investment promising high returns with little to no risk.

    If you are a victim of online scams, please let us know by commenting below, and if you have lost a significant amount of money, do not lose hope. We can help you recover your funds!

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