Summitcrestholdings Avis 7

I give three stars cuz I haven't received the payments fully but I have gotten more than half of it, after following through with the bank's policies I definitely got my payment. Seemed a bit fishy at first but walked through it and received my payments including the deposits I made earlier

It’s a fraudulent company, In order to get paid, I was asked to pay them again and again in the name of compliance with so-called AML, SWIFT, even IMF verification regulations. They have cheated me out of almost CNY13000. Now, they are asking for more.

I paid them four times by scanning four different Alipay QR codes they sent me by emails. Each time, they would say it’s the last time before I see my payments reflected in my local bank account. But after I’ve paid them four times, they ask for more payment to get authenticated by SWIFT. It’s totally fraudulent！

They are carrying out an organized crime with clear division of labor among the members of the organization, which is highly misleading.

Lie 1:
Required Action - AML Compliance Check:

To comply with Anti-Money Laundering (AML) regulations, we are required to conduct a thorough verification of all transactions exceeding our threshold limits. Your payment falls into this category, and as such, we need to complete an AML check to finalize the processing of your funds.

Refundable Deposit Requirement:

- Amount Required: £163 GBP

- Purpose: This deposit is necessary to initiate and complete the AML verification process. It is fully refundable and will be returned to your account upon the successful completion of the AML checks.

Lie 2:
**Necessary Action**: To complete this authentication and lift the hold on your transfer, a refundable deposit of 385€ is required. This deposit is crucial for completing the advanced verification steps mandated by financial regulations.

**Importance of Authentication**: Please understand that without this completed authentication, we are unable to process your transfer. This measure is in place to protect your interests and to comply with legal standards that prevent fraud and other financial crimes.

**Next Steps**: Kindly make the deposit at your earliest convenience using our livechat support to have the account details provided to you.

Once the deposit is confirmed, we will proceed with the final stages of your transfer, and you can expect the funds to reflect in your local account within 24 hours of authentication completion

Lie 3:
transaction.

**Update on Authentication Process:**

While we have successfully completed the initial stages of the authentication, our compliance team has identified an additional requirement to fully secure and authenticate your transaction. An added charge of 351 EUR is necessary to finalize the verification process.

**Reasons for Additional Charge:**

- **Regulatory Updates**: Recent changes in financial regulation require an enhanced verification process for certain transactions, which has introduced additional costs.

Lie 4
**Necessity of Additional Deposit:**

To expedite the currency conversion and complete the transfer, a deposit of 703 EUR is required. This deposit is crucial for the following reasons:

- **Regulatory Compliance:** Ensures that all currency exchange regulations are adhered to, preventing any legal issues that might arise from international money transfers.

- **Exchange Rate Fluctuations:** Covers potential risks associated with fluctuations in the exchange rate during the transaction period, securing the value of your funds.

- **Processing Fees:** Assists in covering the administrative fees associated with the complexities of converting large sums of money across currencies.

There are more and more. In a word, they demand more money……

Indeed a scam! I did a project for the company when request for the payment they ask to make a deposit first for AML check.

**Required Action - AML Compliance Check:**

In compliance with Anti-Money Laundering (AML) regulations, we must conduct a detailed verification for all first-time transfers. This procedure is mandatory to ensure the legitimacy of funds and to prevent unauthorized financial activities. Your upcoming transfer requires this verification to proceed.

**Refundable Deposit Requirement:**

- **Amount Required:** £163 GBP

- **Purpose:** This deposit is critical to initiate the AML verification process. It is fully refundable and will be promptly returned to your account once the AML checks are successfully completed.

Very suspicious.
I think it is a scam.

I have recently been contacted by a client who tried to use this financial company to 'pay me' for a freelance job we were supposedly executing. I have handed over my first milestone and expect a 50% payment for the work before completion. The so-called financial entity has contacted me and is asking ME to wire them almost 300 USD to comply with a so-called 'anti money-laundering check.' This is a scam, DO NOT waste your time with this people and don't EVER send anyone money for a so-called job.

Indeed a scam. The website exists, but there is no real bank behind. They ask for a deposit in order to make a transfer to you. Which bank does that? Banks have other ways to identify the receiver. Do pay the deposit!

This is a scam. They say that they have a transfer waiting for you (from a client), but you have to send them money (a supposedly refundable amount) first, before they can make the payment to your account. All saying it's because of anti-money laundering laws.