Scam - Cycopay - cycopay.com

Other scams not covered elsewhere
Robertcrons
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Joined: Tue Jun 07, 2022 4:32 pm

Scam - Cycopay - cycopay.com

Post: # 34481Post Robertcrons »

Mod Note: This post was made by a really dumb spammer, who doesn't realise how stupid spamming an anti-scam forum with their dodgy business is.

This is not spam or marketing, we are at the beginning of the journey and we're just trying to get some feedback, anything constructive would be appreciated.
CycoPay is a payment processing platform for startups & individuals.

What do we do?

We are a platform that's facilitating online payments acceptance for startups & individuals with no paper work and no time to waste.
What's our value proposition?
Instant onboarding: We let everybody in.
Tax remittance on behalf of you: We remit Tax for every single products, because we act as a reseller on every product.
API integrations & payment links.
How are we different from Stripe?
We've noticed that stripe tends to close lots of startups merchant accounts especially outside of the US.
Like them, we offer instant onboarding, however we let everybody in, without paperwork, and when suspicious activity occurs we don't close the account or suspend it but rather let the merchant prove himself.
We remit tax on behalf of you, so instead of keeping track of invoices for every order, you'll have just one at the end of the month.
Try CycoPay: https://CycoPay.com
About Us
We are CycoPay, a startup from the UK with a subsidiary in the EEA. We are an invoicing service that's enabling startups & individuals to acceptance payments via payment links or by API integrations.

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Hans Neesantoes
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Re: Scam - Cycopay - cycopay.com

Post: # 34483Post Hans Neesantoes »

Robertcrons wrote: Tue Jun 07, 2022 4:35 pmThis is not spam
Yes it is, you moron.
Robertcrons wrote: Tue Jun 07, 2022 4:35 pmstartup from the UK with a subsidiary in the EEA. We are an invoicing service that's enabling startups & individuals to acceptance payments via payment links or by API integrations
That's an interesting claim, lets investigate it a bit further.

The company that you have registered in the UK, CYCOPAY LIMITED (Company number 13991231) was registered on 21 March 2022 showing it's nature of business as :

58290 - Other software publishing
62012 - Business and domestic software development

The company was registered by an individual from Moldova, who is 16 years old and lists his "occupation" as "Student" -

The address that the company shows as its registered office "61a, Bridge Street, Kington, United Kingdom, HR5 3DJ" is just a mail drop, they have no staff located thewre.

This all definitely calls into question how trustworthy this company is when they claim to be "from the UK", but have just taken advantage of the UK's rather lax company regulation system. Then there is the fact that the company was registered with the bare minimum of £10 share capital - not something that you would expect from a professional financial services business.

From the WhoIs for cycopay.com:
Updated Date: 2022-01-26T00:00:00Z
Creation Date:2022-01-26T00:00:00Z

Registrant Name: WhoisSecure
Registrant Organization: WhoisSecure
The hidden domain registration is another massive red flag, why does a legitimate company need to hide their identity.

All in all, this definitely looks like a "business" to avoid.
If you are reading this post because you have been contacted by this individual then you are100% being scammed - all my posts are thoroughly researched before being posted.

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Dr Sheldon Cooper
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Joined: Sun Nov 25, 2018 12:22 pm

Re: Scam - Cycopay - cycopay.com

Post: # 34487Post Dr Sheldon Cooper »

Email address used by this dumb scammer - kristinmesubni@gmx.net

RobertNigue
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*** BANNED SCAMMER ***
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Joined: Thu Jun 09, 2022 5:21 pm

Cycopay:Online Payment Processing

Post: # 34526Post RobertNigue »

Admin Note: This is another spam post by this useless scammer.

Hey, we are looking to get your thoughts on what you like and don't like about cycopay, our high risk payment processing platform. We're in beta right now

Next 50 people who sign up get 10$ upon signup.
You can do whatever you'd like with it (including sending it or withdrawing it to PayPal or your card or bank), we would appreciate your feedback when it comes to our product!

The link is https://dashboard.cycopay.com/signup?referralCode=promo10dollars for sign up

You can send us a blank email at contact at cycopay dot com and you'll receive a sign up link or you can sign up

or you can send us a blank email at contact at cycopay dot com

10$ for the next 50 people who sign up on our high risk payment processor.

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Dr Sheldon Cooper
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Joined: Sun Nov 25, 2018 12:22 pm

Re: Scam - Cycopay - cycopay.com

Post: # 34527Post Dr Sheldon Cooper »

Another email address used by this dumb scammer - tobiasmadini@gmx.net

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Hans Neesantoes
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Joined: Sun Nov 25, 2018 5:26 pm

Re: Scam - Cycopay - cycopay.com

Post: # 34613Post Hans Neesantoes »

Forwarded to me by a would be victim who signed up on the fake site - unsurprisingly, the scammers are making it as difficult as possibly to withdraw the promised $10.
Hi,

We have noticed you created a payout of 10 USD. We are more than happy to effectuate the funds transfer, however, we would really love to have a meeting with you so we could get feedback about the product before we do so. Do you believe that would be possible?

We strongly believe in iterating our product for your use case in order to have you and other users for a long term collaboration.

Regards,
Iurie

Date: Fri, 10 Jun 2022 16:43:34 +0000 (UTC)
From: iurie <iurie@cycopay.com>
To: [REDACTED]
Subject: Re: CycoPay Promo Payout
If you are reading this post because you have been contacted by this individual then you are100% being scammed - all my posts are thoroughly researched before being posted.

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Dr Sheldon Cooper
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Posts: 237
Joined: Sun Nov 25, 2018 12:22 pm

Re: Scam - Cycopay - cycopay.com

Post: # 34615Post Dr Sheldon Cooper »

Another email address used by these dumb scammers - leafranenel@gmx.net

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Dr Sheldon Cooper
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Posts: 237
Joined: Sun Nov 25, 2018 12:22 pm

Re: Scam - Cycopay - cycopay.com

Post: # 34662Post Dr Sheldon Cooper »

Yet another email address used by these dumb scammers - katjatcanforki@gmx.net

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Dr Sheldon Cooper
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Posts: 237
Joined: Sun Nov 25, 2018 12:22 pm

Re: Scam - Cycopay - cycopay.com

Post: # 34791Post Dr Sheldon Cooper »

More email addresses used by these dumb scammers - klausmicbehu@gmx.net, mikebottsonna@gmx.net & mathiasprophagu@gmx.net

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Dr Sheldon Cooper
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Re: Scam - Cycopay - cycopay.com

Post: # 34870Post Dr Sheldon Cooper »

Another email address used by these useless scammers - vanessadatallarr@gmx.net

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