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Scam information

This content is based on victim and potential victim accounts. Government agencies and legitimate business names and phone numbers are often used by scam artists to take advantage of people.

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Description

ElitePalace advertised on social media to join on teaching about stocks and crypto (good stuff educationally), and they also recommended stocks/crypto to buy and when to sell. I watched their recommendations for 2 months and most of their recommendations in stocks profited 20-50% (short/medium term like 5-20 days). They also gave away free USD, BTC, USDT and their crypto ELIX. They then shifted to participating in 1 week of testing, 2-3 trades per day, using a platform called Milase, using their $700 funds there at the end of the week you return the $700 and you keep the profit. All of their trades were on Cryptos that only existed on their platform, so no way to validate behavior elsewhere. In 5 days I grew that to $1900. Then they shifted to put in your money, always advising to be conservative and only small amounts, and continue testing, 2-3 trades per day. That continued for 2 weeks. The people running the group are: Marcus Hawthorne, Alec Merritt and Tessa Marlowee. The platform they are using is Milase.com I could not validate the length of their existence in any way. The crypto they are trading when checked against other platforms the pairs are worth pennies and their platform have it at $100 and up. They ability to trade futures crypto like this is only available on their platform, no one else offers any thing similar. This group is giving information that follows Ellsworth & Vane. The platforms are identical. They are offering the same benefits for buying into their token and a partner program. People are investing large amounts of money to make more money and saying native tokens offer this amount of liquidity. If you research the tokens that are being traded you will see that non of this is true. They also both locked the ability to sell your token for market stability. I have never seen or heard of this before either.

Dollars Lost

$40

Targeted Person's Location

TX, USA- 78404

Scammer Information
Scammer location logo

Unknown Location

Mail logo

Unknown Email

Mobile logo

Unknown Phone Number

Web logo

elitepalace.com

Scam Type

Investment

Learn More

Business name

Elite Palace Prosperity Group

Date Reported

December 6, 2025

Scam ID

1123991


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