Recently we have received complaints of victims of the FX-Capitalize broker scam operating with the domain www.fxcapitalize.com by Lacari Group Ltd, St. Vincent & the Grenadines. This offshore entity also operated the FXQuote247 (www.fxquote247.com) scam and operated vanished scams such as proFXCredit (www.profxcredit.com). Currently, no deposits are possible at FX-Capitalize and FXQuote247. The scam seems to be ready to disappear.
Lacari Group and its scams work with the typical pattern of most scams. The scams’ official operator is an offshore entity registered in St. Vincent & the Grenadines, Marshall Islands, Belize, British Virgin Islands, or Vanuatu. However, these offshore entities behind the scam sites change frequently to cover the tracks. The Lacari Group scammers, for example, are associated with the ProQuote27 a/k/a 27ProQuote and the BeforexCapital scam, operated by Empire Capital LLC and The Capital Holding LLC. All of them are registered in St. Vincent and the Grenadines. When registering with FX-Capitalize, you receive an email from a proFXCredit address, for example.
The three entities, Lacari Group Ltd, Empire Capital LLC, and The Capital Holding LLC, have the same address: Suite 305, Griffith Corporate Centre, Beachmont, P.O. Box 1510, Kingstown, Saint Vincent and the Grenadines. It’s the well-known address of the notorious company builder Wilfred Services Ltd. The scammers’ choice for setting up companies in SVG.
Typically, the legal entity for the payment processing (merchant) is a company registered in the EU for European victims. Some of the payments of this cybercrime group are said to have been processed through ApcoPay in Malta.
The real operators of the scams are the boiler rooms and their agents. In the case of Lacari Group, these boiler rooms are located in Eastern Europe and the Balkans.
Under no circumstances should you make financial transactions with companies that are based offshore. It is already a risk to make internet investments with companies that are regulated in the EU.
We know very well that we have not even begun to discover all the scams and companies that are behind Lacari Group et al with these scammers. In this respect, we are grateful for all information.