Broker Review

Unauthorised firm details

Name: Writingstarinvest.com

Website: www.writingstarinvest.com

WritingStar Investment Guild markets itself aggressively through WhatsApp and Telegram groups. Once added, members are bombarded with “signals” that supposedly forecast profitable crypto trades. The signals are paired with a proprietary trading platform where users are encouraged to deposit funds.

The problem? There is no transparency regarding how trades are executed or how profits are generated. Instead, balances and profits displayed inside the platform appear to be fabricated numbers designed to encourage further deposits.

Offshore Registration and Regulation Risks

WritingStar Investment Guild is not licensed by any recognized financial regulator. Its website gives no valid company registration, no regulatory number, and no physical office address. With all ownership hidden, investors face major risks:

• Accounts can be blocked without explanation.

• Withdrawal requests are often denied or met with surprise “fees.”

• Victims have almost no legal recourse if funds are lost.

The platform’s so-called trading interface is just a shell controlled by the scammers, not a connection to real crypto markets.

How Victims Are Trapped

The scam follows a predictable pattern:

1. Victims are added to WhatsApp or Telegram groups.

2. “Signals” are posted to mimic legitimate investment advice.

3. Members are persuaded to deposit on the fake platform.

4. Early small withdrawals are approved to build confidence.

5. Larger deposits are locked, with excuses or fees preventing withdrawals.

Once the group collapses, scammers rebrand under a new name and repeat the cycle.

Independent Warnings

• Reddit users have warned that WritingStar Investment Guild is a scam, citing blocked withdrawals and disappearing admins.

• Independent review sites point out the absence of licensing and transparency, labeling it as high-risk.

• Any press releases associated with the brand are self-published and cannot be taken as evidence of legitimacy.

Bottom Line

WritingStar Investment Guild is not a genuine trading platform. It is a scam operation that lures people through fake WhatsApp groups, fabricated trading signals, and a simulated trading dashboard.

If you are approached, avoid depositing funds. If you have already invested, stop sending money immediately and preserve all records (chats, deposits, screenshots). These documents are critical if you decide to file complaints with regulators, consumer protection bodies, or work with experts who specialize in securing assets from crypto scams.