German BaFin launched investigations against scam operator Axis Solutions

BaFin investigates scam operator Axis Solutions
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The German regulator BaFin announced an investigation into the broker scam operator Axis Solutions Ltd and its Swiss24 (www.swiss24.io) scam. Axis Solution is also operating other scams like RoyalTradeFX (www.royaltradefx.com) or AxisTrading (www.asixtradingtr.com). The scams are probably already on the retreat because some payment options no longer work. The licensed Estonian Larco International d/b/a Larco is one of its payment processors.

According to the BaFin findings, Axis Solutions LTD sends falsified excerpts from BaFin’s database of companies and claims to be registered as “Swiss24” under the number 504072. However, this number does not exist but gives the appearance that the scam is supervised and authorized by the German regulator.


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