Tag: Allied Wallet

Allied Wallet Scheme – UK FCA secures £2M account forfeiture order against QPay Europe!

Court Cases tamir - April 23, 2022

QPay Europe Limited, a merchant services provider which claims to be a fintech startup offering due diligence and underwriting services, has consented to a court order to give up £2M held in its name following proceedings brought by the FCA under the UK Proceeds of Crime Act. The money was initially frozen in urgent proceedings brought by the FCA in Oct and Dec 2020. The UK regulator claimed the money was the proceeds of illegal activity connected to the $150M Allied Wallet bank fraud case indicted in the US.

Financial Times – Wirecard, AlliedWallet, and their scam facilitating approach

Binary Options tamir - June 7, 2019

The Financial Times published another article on Wireceard today referring to AlliedWallet Inc, a former client of the German...

FinTelegram is a cyberfinance intelligence and compliance platform investigating financial crime, regulatory violations, and the rails, entities, and ecosystems that facilitate them. Combining investigative journalism, whistleblower intelligence, and forensic compliance analysis, we map risk across payments, banking, crypto, and offshore structures to support transparency, accountability, and informed action.

Disclaimer: FinTelegram is an independent intelligence and compliance platform and does not provide investment, legal, or financial advice. Content published on this website, including references and links to third-party sources, is provided for informational, contextual, and educational purposes only and does not constitute a recommendation, endorsement, or solicitation. Readers must make their own independent assessment and obtain professional advice where appropriate. Past events and referenced materials are not a track record and should not be relied upon as an indicator of future results.