There are beautiful places that, unfortunately, are also associated with terrible events. For example, today’s vacation paradise Vietnam will long be associated with the Second Indochina War. The Caribbean island nation of St. Vincent and the Grenadines, on the other hand, is notorious as one of the offshore centers through which cybercriminals and scammers have conducted their crimes via offshore entities. The Sky Capital broker scam (www.skycapital.cc and www.skycapital.co) operated by Geiko Holdings Ltd is one of them. With Cashir.Live and Paystruct as its payment facilitators. The UK FCA issued a respective investor warning.
These cybercrime holdings in St. Vincent usually set up a subsidiary or sister company in Estonia where it is very easy to acquire crypto licenses. And one is also in the EU via a Firms in Estonia, can register as a merchant with a participating payment processor and attack EU consumers. The Sky Capital scam is operated in Estonia by Geiko Systems OÜ where the Swede Natalie Johansson is registered as the sole director.
Do not fall for these easy-to-detect scams. Avoid financial and trading offers from companies registered and/or regulated in offshore havens such as St. Vincent and the Grenadines, Marshall Islands, British Virgin Islands or Vanuatu at all costs. You will save yourself a lot of money, hassle, and frustration.