Latvian Racket: Investor Warning Against FinexTrader With ChargeMoney And HighIsk

Latvian Racket and Finex Group
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The Austrian Financial Market Authority (FMA) has issued a warning against FinexTrader broker scam, part of the so-called Latvian Racket. It is allegedly operated by the Finex Group Ltd, which has already operated the now disappeared scams XFINANCES, eXFINANCES, and ZurichInvests. The Latvian Aleksejs Kohanovs is registered as the controlling person in the UK Companies Register. As payment processors, we have discovered ChargeMoney and HighIsk. Stay far away.

Key Data

Trading nameFinexTrader
Related toLatvian Racket
Related scamsXFINANCES, eXFINANCES, ZurichInvests,
INT International Traders, Intraders
Legal entityFinex Group Ltd
JurisdictionUnited Kingdom
Related individualAleksejs Kohanovs
Payment processorsChargeMoney (https://charge.money)
HighIsk (https://highisk.com)
Authorization No

Short Narrative

Finex Group Ltd is a company from the cybercrime organization we call Latvian Racket. Several scams (which have since disappeared) have been run through this company. Finex Group has closely cooperated with the crypto payment processor Estonian Futurus X OÜ d/b/a MisterBit, which has also disappeared in the meantime.

Read more about the vanishes MisterBit here.

Share Information

If you have any information about FinexTrader, Finex Group, Latvian Racket, and the people involved, please let us know via our whistleblower system, Whistle42.

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