Kings Capital is a private company registered on March 24, 2006. According to the company, it was founded by JC&AA King's capital Limited (Belize).
Previously, UAIB announced that the company's operations were illegitimate, as Kings Capital was illegally providing financial services to individuals. The company was attracting funds from individuals at alleged rate of 36% p.a., while having no official licenses to provide the above services, and thus breaking the law.
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