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Adar Capital

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Operating status: SCAM

Website: https://adarcapital.cc/; https://adarcapital.pro/

Broker violations and abnormal records
  • Oct 06, 2022 The UK FCA Warns that Adar Capital is a Clone Firm

    On 7 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Adar Capital was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/adar-capital-clone-fca-authorised-firm

    On 7 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Adar Capital was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/adar-capital-clone-fca-authorised-firm
  • Oct 06, 2022 BrokersView has Found that Adar Capital is Using a New Domain

    BrokersView has found that Adar Capital is using a new domain, https://www.adar.capital/, to scam.

    BrokersView has found that Adar Capital is using a new domain, https://www.adar.capital/, to scam.
  • Oct 10, 2022 BrokersView has Reviewed that Adar Capital is an Unregulated Forex Broker

    Adar Capital, operated by Sonorous Group LLC, claims to be registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA), No. 1997 LLC 2022. We searched SVG FSA and found the result. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.

    Moreover, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Adar Capital was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. 

    The truth is that Adar Capital is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    Adar Capital, operated by Sonorous Group LLC, claims to be registered with Saint Vincent and the Grenadines Financial Services Authority (SVG FSA), No. 1997 LLC 2022. We searched SVG FSA and found the result. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services.Moreover, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Adar Capital was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. The truth is that Adar Capital is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
  • Nov 06, 2022 The Spain CNMV Added Adar Capital into Its Warnings

    On 7 Nov 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Adar Capital was not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=adar.capital


    On 7 Nov 2022, the Spain Comisión Nacional del Mercado de Valores (CNMV) issued a warning that Adar Capital was not authorised to provide the investment services in Spain. You may visit: http://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=adar.capital
  • Nov 07, 2022 BrokersView has found that Adar Capital is not working

    On 8 Oct 2022, BrokersView found the domain https://www.adarcapital.pro/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.


    On 8 Oct 2022, BrokersView found the domain https://www.adarcapital.pro/ is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
  • Jun 25, 2023 BrokersView discovers that Adar Capital is using a new domain

    Adar Capital frequently changes its domains in an attempt to defraud as many as investors. We have recently discovered that this scammer is using a new website address https://adarcapital.cc/ to solicit investors. Please beware of the risks involved and stay away from it.

    Adar Capital frequently changes its domains in an attempt to defraud as many as investors. We have recently discovered that this scammer is using a new website address https://adarcapital.cc/ to solicit investors. Please beware of the risks involved and stay away from it.

Related Complaints

Q&A

Got scammed by Adar Capital, what to do?

Ahmad isa
Cambodia
Jan 12, 2025
ANSWER Dear Investor, We understand the distress and frustration you're facing. Adar Capital is a known fraudulent entity, flagged by numerous financial regulators as a scam. We strongly urge you to cease any engagement with Adar Capital and report this to your local authorities immediately. In addition, we encourage you to file a complaint through our platform. Our dedicated team will thoroughly review your case and work diligently to help you find a possible solution. Lastly, we advise you to stay calm and avoid making impulsive decisions to recover your losses. Be aware of recovery room scams that target victims of investment fraud, claiming they can retrieve your money for a fee. These scammers aim to exploit your urgency and defraud you further.
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7 comments

Lindile
I got scammed by Adar Capital in 2022 lost about R32000 I was dealing with a guy who called himself Micheal Cruze he took all my identity details and photos then he disappeared
Jan 12, 2025
Reply
Official BrokersView
Dear, about your problems encountered in this broker, you can submit a complaint with your proofs, Please click the link to submit：https://www.brokersview.com/complaint service@brokersview.com
Jan 14, 2025
Reply
Kay Hollender
I lost around $2,500-3,000 just on getting the funds to reach my account. I had one awesome advisor Kane Wisa but then suddently he had an assident and I got a new advisor Nigel. OMG what a jerk. He was the one who handled my withdraw
Jun 02, 2023
Reply
Sipho Larry Jauka
I'm am also scammed by Adar capital,I deposited $450 to them using my credit card I watched my trading account growing and it reached $17-000,then I requested a withdrawal of $11-000 it's when they asked me to pay a one time Tax of the total balance that cost around $3-000 and some few dollars and I pay it to a different wallet address using Bitcoin.and I don't have that money all I want now is my initial deposit to be paid back.They are calling me putting pressure saying my asset will be in liquidation if don't pay the taxes.
Apr 06, 2023
Reply
Berhe Kudusan
I lost more than €20,000,
Mar 30, 2023
Reply
ev
I lost 11.000 € with them. I asked for withdraw and they sent me to the blockchain to pay 10%taxes... How can you pay taxes for something youhavent received yet?
Mar 29, 2023
Reply
BV Official Mar 30, 2023
Dear Sir or Madam, could you please provide your contact information such as WhatsApp number or Email address so that we can contact you later for further communication?
Antoni
I regret trading with this company they are daylight robbers i lost almost 25000 euro to them before the above heading got something off them
Feb 27, 2023
Reply
BV Official Feb 27, 2023
Good afternoon, Sir/Madam, this is BrokersView. We have seen your feedback about your trading experience on Adar Capital. Could you please leave your WhatsApp number or Email address so that we can contact you for more details.
demirhjiski
Yes, they seem to be friendly at first, and they even allow a small withdrawal, which makes you look like they are legal, but if you start a large withdrawal of withdrawal, your balance will be negative soon.
Feb 17, 2023
1
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