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We have learned from an insider a/k/a whistleblower that Latvian Racket and its scammer network have recently launched Profit Swiss (www.profitswiss.com). The scam is apparently attacking consumers in Eastern Europe in the first place. Although the website states a company called PS Global Int Ltd with the company number 109781 as the operator, Preqster Ltd, already known from the Latvian Racket environment, and/or its beneficial owners are probably also involved. Please read our report here.
After our warning against the Preqster FX broker scam (www.presterfx.com) on 8 June 2021, the site is no longer accessible. Profit Swiss is likely to be one of the successor brands. Scam networks like the Latvian Racket typically run more scams than most people have underwear. Let alone offshore entities. On its website, Profit Swiss shows idyllic mountains and a mountaineer. Nice, isn’t it?
According to Scamadviser, the owner of the domain www.profitswiss.com is Todor Ivanov with an address in London, United Kingdom. We cannot verify or falsify this information. However, the website is hosted in Germany by Hetzner Online.
At the time of our review, Preqster FX provided the address 27 Market Place, W1W 8AF (Companies House). This is also the address where Preqster Ltd, founded in May 2020 by Sergejs Vasiljevs, is registered. 173 Latchmere Road we know! The Finex Group Ltd, already known from our previous Latvian Racket investigations, resides at this very same address (Companies House).