27 September 2023

Brownprime – Imposter, upfront withdrawal fees, unrealistic returns

We are aware that a New Zealand resident who has invested through Brownprime is having
difficulties in withdrawing funds.

We are concerned that the operation of Brownprime has the features of scam based on the
following:

  • Promotion of unrealistic high returns;
  • Upfront fees are required to process withdrawal transactions; and
  • Its website displays a certificate of incorporation of an entity with a different business nature.

Brownprime offers cryptocurrency services but is not registered to provide financial services here
in New Zealand.

We recommend exercising caution when dealing with Brownprime.

 

Entity Name: Brownprime
Websites: https://brownprime.com
Business Address: 26 Cheering Lane, Suite 401, Stratford, London, UK E20 1BD