A few days ago, we published an investor alert related to the Bitcoin Formula affiliate marketing scheme. This scheme has been promoting scams like Lucrum.Pro, FXCM Group, or Triton Capital Markets via social media and acquiring customer victims. Now, the Austrian Financial Market Authority (FMA) has issued an investor warning against Triton Capital Markets (www.tritoncapitalmarkets.com). Karello D Buro LLC operates the scam in St. Vincent and the Grenadines. As a payment processor, we have once again discovered Praxis Cashier.
The Triton Capital Markets scam accepts credit and debit cards and Bitcoin deposits through Praxis Cashier. It is not surprising that Praxis Cashier is involved, again. In an estimated 7 out of 10 broker scams, the Cyprus PayTech acts as a payment facilitator.
Israeli Amit Klatchko‘s company Praxis Cashier System Ltd is registered in Cyprus but, however, does not have a license from the Central Bank of Cyprus, which is the regulator. According to the lawyers we interviewed, payment services provided by PayTechs such as Praxis Cashier or BridgerPay would in any case be subject to regulation.
If you have any information about the Triton Capital Markets scam and the people and companies involved in it, or about Praxis Cashier we would appreciate it if you could share it with us.