In this morning’s session analyzing active scam campaigns and the scams they promote, we have found for UK victims that the infamous Tesler campaign promotes the FXActiv broker scam. Anyone who registers with Tesler to make a lot of money quickly is automatically created as a victim of FXActiv, where they will lose a lot of money. The scam is active with the domains www.fxactiv.cc, www.fxactiv.co, and www.fxactiv.io. The Tesler campaign leads the future victims to the payment page of www.fxactiv.cc where the xPayz cashier processes payments.
The FXActiv scam is operated by Lollygag Partners Ltd, an offshore entity registered in the Commonwealth of Dominica. The scam is available in five languages: English, Spanish, Russian, German, and Czech. These are then also the languages in which Boiler Room agents attack the victims.
This week, the UK Financial Conduct Authority (FCA) issued a warning against the Tesler campaign using the www.tesler.today domain. In fact, the campaign is running on a myriad of other websites with a wide variety of domains. You can see the list of scam campaigns and their domains here on our Marketing Campaign Blacklist. The Tesler campaign features a heart-wrenching video in which Steven Abrahams (pictured left), the fake CEO of Tesler Investments, visits a client and enjoys the high profits together.
The Tesler software would make it possible to earn a million dollars in less than 6 months. The truth, however, is that Tesler is not software, but just a fraudulent website that steals customer data and provides it to scams. There is no “get-rich-quick” Tesler algorithm. Only the operators of the campaign and the scammers to whom customers are referred get rich.