Tag: Andrei Suslin

Regulators have warned against the FinMax scams already. In Jan 2019, the German BaFin warned against the mutation FinMaxBO and issued a Cease-and-Desist Order today. In Oc 2020, the Spanish CNMV warned against the mutation FinmaxFX. The scams are operated by Max Capital Limited, Vanuatu, and Gatelinas UAB, Lithuania. Although Max Capital is licensed by the VFSC, it's not authorized to scam anybody. As scam-facilitation payment processors, we have uncovered Webmoney, VLoad, advcash, and Aveia.

The Spanish regulator CNMV had already warned against FinmaxFX in October 2020. The scam is operated by Max Capital Limited in Vanuatu and Gatelinas UAB in Lithuania. Max Capital is licensed by the offshore regulator VFSC. This offshore license does not authorize the broker to operate in other regulatory regimes. Based on our review, we qualify FinmaxFX as a scam designed to defraud. As payment facilitators for the scam, we have discovered Webmoney, Jeton, VLoad, advcash, and Aveia. The illegal active broker is still active, as are the payment facilitators.