Is FBC13 Algorithm a Scam at FBC Limited?

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I trusted FBC Limited at fbc-limited.com and got scammed. I am embarrassed whenever I think about this for the rest of my life. I saw comments that I now realize are spam under Crypto Analysis videos talking about the FBC13 algorithm. So, I googled it and saw a few articles saying nice things about it. I was skeptical at first since all the articles were posted recently, I couldn't find any older articles about them. But, I was too greedy to make a profit and ignored all the bad signs like that or the fact that their registration with Company House doesn't look legit.

Is FBC13 Algorithm a Scam at FBC Limited?
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The Warning Signs

Their phone line rings but no one picked up, and the only communication you can make with the site is via live chat, which isn't always online. And, their transition to a new domain just a month ago that they explained was because the old one got stolen, etc. The Support manager in live chat was very responsive and nice for the first few days when I had questions about investment. But now has shown their true colour.

They promised annual passive income and collect-able accruals every day if I deposited and that I could withdraw my daily accruals and undeposited funds anytime.

I added 0.004 bitcoin to my fund and deposited it to test. First accrual day, the profit was too small so I couldn't withdraw, therefore I added 0.5 BTC to my fund to withdraw along with my accrual. The site still didn't let me. I contacted live chat and they said there was a withdrawal limit on my account because it's new but they lifted it so promised I could withdraw any amounts I wanted from then. I proceeded to be able to withdraw the undeposited 0.5 bitcoin + accrual after. Somehow my trust was stupidly gained.

A few hours later, I sent them 2 bitcoin planning to deposit. But I wanted to test if I can withdraw it first, and as you might have guessed, no, it didn't let me gain. The live chat was online so I asked them why I couldn't withdraw and it went offline immediately. I tried to contact them the whole day through email and the day after when live chat was online again but no response, they ignored me for about 36 hours. Until today, I told them I have friends in the UK that will report this to the police, they responded that they were busy because there had been a lot of new clients(?). It's funny they were so busy with their new clients but still had time to flag and deleted all the bad reviews I wrote on Trust Pilot right after the moment I posted on that day they were ignoring me.

Basically, they said I wasn't able to withdraw because I have to verify my ID with them first since my deposit was > $10,000. As I said above, they promised I could withdraw any amounts I wanted bigger or small but after a day of ignoring me, they said I can't without verification. Also, my 2 bitcoin wasn't deposited yet, it is still in my fund along with the accruals. I don't remember reading the term where I had to go through KYC verification if the deposit is more than $10,000. They may have added that term or it was my mistake not reading it carefully. Either way, that rule shouldn't apply to me because I never deposited the 2 bitcoins to begin with. I have read about KYC verification scams and after what they did to me I don't think I could trust them to give my personal info to.

About FBC Limited

FBC Limited at fbc-limited.com

9 South Avenue, Southall, Middlesex, UB1 2AH

TELEGRAM:@fbclimited

E-MAIL: support@fbc-limited.com

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Comments, Questions, Answers, or Reviews

Comments (Total: 15)

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  • February 1, 2021 at 9:14 AM by an anonymous user from: San Bernardino, Yucaipa, California, United States

    There is a video on the Economist’s YouTube channel featuring Misty Copeland, and randomly there are a ton of bot comments trying to direct you to google the FBC fund algorithm. It looks like these people are relying on comments in unrelated places to try to get more people to fall for their scam.

  • January 31, 2021 at 9:15 PM by an anonymous user from: Pinellas, St Petersburg, Florida, United States

    Apparently the algorithm is now called FBC14...

  • December 31, 2020 at 8:10 AM by an anonymous user from: West Midlands, Birmingham, England, United Kingdom

    I have just done a little investigating in to this scam. Somebody pointed out on another forum that their dev team photo's were just taken from elsewhere on the internet but it seems they have updated those photos and now nothing is returned when you reverse image search them... Interestingly they aren't too good with their photo editing though and in their news (https://vectracoin.io/news) section they have simply taken a photo from another site (https://tineye.com/search/454ffa3b71e29a893f94b3dce1f733d749b27f35?sort=score&order=desc&page=1)

    I shall keep investigating but clearly FBC and Vetracoin are massive scams and I am now determined to unmask these clowns.

  • December 26, 2020 at 3:11 AM by an anonymous user from: Hatfield, England, United Kingdom

    This is a scam! They are also involved in a vectracoin(space)io scam as well. They have made no money since inception, and they are registered on UK Companies House where you can find and see their accounts etc.

    • January 27, 2021 at 2:19 AM by an anonymous user from: Belgravia, London, England, United Kingdom

      Hatfield, cool, crypto user in Hatfield here too!

      If it sounds too good to be true it usually is. So many scammers in the space, stick to your own due diligence and let’s get wealthy!

  • December 20, 2020 at 1:32 PM by an anonymous user from: Newton, Surrey, British Columbia, Canada

    This is a real scam! I got scammed by them!

  • December 14, 2020 at 5:41 AM by an anonymous user from: Downtown, Sacramento, California, United States

    Why bother with ur fractioned Bitcoin if they have a programmed 1000% return algorithm. This is absurd.

    • December 23, 2020 at 1:28 PM by an anonymous user from: Telstra, Bundoora, Victoria, Australia

      They will take your money and you will never see it again

  • December 8, 2020 at 12:21 AM by an anonymous user from: Pursaklar, Ankara, Ankara, Turkey

    Same problem, they seemed legitimate when I invested small money but soon as I invest large sum then they take it and ignore me.

    • December 8, 2020 at 4:40 AM by an anonymous user from: Quan Tan Binh, Ho Chi Minh, Ho Chi Minh, Vietnam

      report to their domain host to shut down their platform (scroll down to Abuse reports -> Fraud) https://support.namecheap.com/index.php?/Tickets/Submit/RenderForm

      report to Internet Crime Complaint Center https://complaint.ic3.gov/

      • December 23, 2020 at 1:30 PM by an anonymous user from: Telstra, Bundoora, Victoria, Australia

        They can’t be shut down because they keep changing their name

  • December 5, 2020 at 9:59 PM by an anonymous user from: Petah Tikva, Merkaz, Israel

    I was scammed by it too!

  • December 5, 2020 at 4:24 PM by an anonymous user from: Petah Tikva, Merkaz, Israel

    fbc-limited.com is a big SCAM. Positive FBC fund/FBC13 algorithm review/reviews are scams. I invested about 0.32 bitcoins stupidly, cause I know about such scams. Stay away from it and from such scams! I will not scam you with my referral link for fbc-limited.com. STAY AWAY from them. fbc-limited.com SCAM ALERT. Avoid it!

    • December 13, 2020 at 12:23 PM by an anonymous user from: Burlington, Mt Laurel, New Jersey, United States

      What happened after you deposited .32? Did they ask for verification or did you get locked out of your account or what?

    • December 7, 2020 at 6:42 AM by an anonymous user from: Quan Tan Binh, Ho Chi Minh, Ho Chi Minh, Vietnam

      I put 0.5 btc in and I guess they saw an opportunity to get more from me so they let me withdraw the 0.5 btc. I was dumb and put 2 more. You're lucky they're not doing the same to you

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Is FBC13 Algorithm a Scam at FBC Limited?