It is not a new phenomenon but always surprising. Not at all! We mean the fact that CySEC-regulated investment firms use fraudulent marketing campaigns like 1k Daily Profit, Bitcoin Code, Bitcoin Prime, or Bitcoin Circuit to catch customers for their regulated broker activities with lies and false promises. Today, CySEC-regulated broker OBRinvest is promoted via the fraudulent 1k Daily Profit campaign. If you are a potential investor, stay far away. However, if you are CySEC, please have a closer look.
Deposits without proper onboarding
The forex broker OBRinvest (www.obrinvest.com) is operated by OBR Invest Ltd and licensed by Cyprus CySEC under license number 217/13. As a licensed Cyprus Investment Firm (CIF), OBRinvest would only be allowed to accept up to a maximum of €2,500 from new clients before completing appropriate onboarding procedures (KYC/AML). The 1k Daily Profit campaign redirected potential new clients for OBRinvest directly to the payment page, where one can make deposits without onboarding with no perceivable amount limit.
Fraud it is!
Regardless of the onboarding/deposit regulatory violation, the use of fraud campaigns is a fraud on customers. OBRinvest can neither deliver the profits promised in the 1k Daily Profit campaign nor, and that is even worse, nor can it provide the financial products advertised by 1k Daily Profit. Furthermore, the financial products promoted by this fraud campaign have actually ZERO to do with the regulated OBRInvest business.
The 1k Daily Profit leading to OBRinvest is running (at least today) for UK customers on the Investment Generator website (https://investment-generator.com/1k-daily-profit-crypto-robots). It promises potential customers that the BTC price could rise to over €86,000 by the end of the year. By investing in 1k Daily Profit you could participate.
Who cares?
We know that CySEC cares little about the fraudulent marketing activities of their investment companies.