The UK Financial Conduct Authority (FCA) issued an investor warning against Invexeo (www.invexeo.com). We warned about the scam in early June 2021 (see here). Invexeo is a typical white-label broker scam that is supposedly regulated by Global Finance Authority (GFA) with license number 1837C562. Bullshit, this is! This GFA is a fake regulator that pretends to be a global watchdog over financial markets at domain www.globalfinauthority.com. It seems Invexeo is about to close down anyway!
The Invexeo scam works with the PayNetEasy (www.payneteasy.com) cashier. As a payment processor for credit and debit cards, we once again have uncovered Pay Credits (www.pay-credits.com), operated by UK-registered VertexTech Ltd. Over the last couple of weeks, we have exposed Pay Credits as a scam-facilitating payment processor in several broker scams, such as Capital of Focus (www.capitaloffocus.com) scam (read this report) or AroxCapital (read this report). The Hungarian Ljudmila Mohacsek is the registered director and beneficial owner of this high-risk payment processor (Companies House).