What does our research say about Phoenix Capital Group?

Consumer Dissatisfaction: Multiple customers reported frustrations with investment processes, including delays in fund disbursement and lack of internal coordination. Some investors felt misled about the handling of their investments.

Lack of Communication: Poor customer service was a consistent complaint, with customers needing to reach out multiple times to get responses. Delayed or unclear communication led to frustration, and some investors even considered withdrawing from agreements.

Wasted Money & Time: Investors experienced long wait times before their funds were allocated, resulting in lost interest earnings. Some customers eventually moved their money elsewhere after months of waiting, feeling that their trust had been misplaced.

Misleading Practices: Complaints suggest that Phoenix Capital Group Holdings might not be fully transparent about investment returns. Customers felt misled about interest rates and financial disclosures, which damaged their confidence in the company.

Regulatory Concerns (SEC Involvement): The company has faced allegations that raise legal and ethical concerns. Any regulatory scrutiny, particularly from organizations like the SEC, casts doubt on their compliance with financial regulations.