Tag: 53Capital Trade

Spanish CNMV issues warning against 18 illegal financial services provider

CNMV Ben - November 16, 2021

The Spanish regulator is still working at full speed against the many scams. On November 15, 2021, the CNMV issued warnings against 18 illegal providers of financial services. We have already reported about a few of these scams like 53Capital Trade, IGM Holdings, or SolidStocks. These are scams that have been operating for a longer period of time. Others are likely to be new mutations. Below is the list of brands and their domains against which the CNMV has issued a warning.

Gooooood Morning BaFin! Another Cease-and-Desist order against a dissolved company

BaFin Mark Lagarde - November 26, 2020

Almo Markets VIP GmbH accepted funds from private persons on its bank accounts for the sole purpose of transferring these funds to offshore companies operating FX, CFD, and crypto scams. Among these scams facilitated by Almo Markets VIP have been 53capitaltrade, YesOption. YesTrading, TradeGBP, TradeDAX as well as Coinbrokerz. Almo Markets VIP vanished. As did all the scam sites. And with them the money. BaFin missed some time, we guess!

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