I strongly urge anyone considering JAMining to steer clear. My experience has been both distressing and revealing—it’s clear this is part of a highly organised and deceptive scam.

I initially invested $2,750 into one of their so-called mining contracts and saw what appeared to be healthy returns on the platform dashboard. But when I attempted to make a withdrawal, I was suddenly told I had breached the contract by failing to make two consecutive payments—a condition buried in the fine print and never clearly explained.

To “resolve” this issue, they requested another $2,750, which I reluctantly paid. Then came the next hurdle: my account allegedly had to pass a “computerised validation”, which conveniently failed with no clear reason given. I was told I needed to pay an additional $2,750 to purchase a replacement contract, since the original had supposedly sold out.

At this point, I had sent a total of $7,700, and they still refused to release my funds. Instead, they demanded another $5,000, claiming I now needed to buy two contracts at once to finally “unlock” my account.

By this point, it became clear I had fallen into a classic advance-fee scam: they keep inventing problems, dangling the promise of access to your funds, and pushing you to send more money.

That’s when I started investigating—and what I found was extremely concerning.

JAMining’s claim to be FCA-regulated is entirely false. They’ve cloned the identity of a legitimate company, JA Financial Services Limited (based in Warwick), and published their official documents on the JAMining website to appear credible and also trumpeted the fact they are FCA regulated.

I spoke directly with the real company, who confirmed they have no connection whatsoever to JAMining and have repeated calls from distressed people who think they are dealing with JA mining. I’ve reported this to the FCA, who are now investigating what appears to be a serious case of identity theft and regulatory misrepresentation.

In reality, JAMining is based in Bournemouth and is owned by Mr Jordan Cross, according to Companies House records. A search on the FCA website shows they are not registered - the link on the website is for the cloned company - what a disgrace.

No reputable investment firm would operate like this. Once they’ve taken your money, they’ll do everything they can to block withdrawals and manipulate you into paying more.

Please don’t fall for the same trap. Avoid JAMining entirely, and report them to the FCA if you’ve had a similar experience.

I am a pensioner on a limited budget and I did this as they used sophisticated language and I never like to breach contracts and was trying to put it right. It appears that they were the ones breaching contracts and trust all over the place.