9.8 C
New York
Monday, March 23, 2026
spot_img

Tag: AstroPay

Attention: Another Regulatory Warning Against Red-Listed Vantage Group!

CNMV Ben -
Vantage Prime Group LLC d/b/a VantageMarkets (VantageMarkets.co.uk) is regulated in the UK by the FCA. In addition, the VantageMarkets scheme runs offshore entities through which it performs onboarding of clients in the EEA region, in violation of the regulatory requirements of the FCA and ESMA regulators. Italian Consob has ordered the black-out of the VantageMarkets. Recently, Spanish CNMV issued another warning. We have assigned a Red Compliance rating to the Vantage Group.

Russian Broker Scam Binarium Terminated Registration For EEA Residents!

Illegal Broker Activities Charlene Lensburg -
Currently, Russian broker scam Binarium is running a massive promotion and offers generous bonuses of 100% for deposits. FinTelegram and financial market regulators have already issued several warnings against Binarium, which operates through Binarium Limited, registered in Cyprus, and an offshore entity in St. Vincent & The Grenadines. For some time now, the new registration has been blocked for EEA residents. However, existing EEA clients can still register, make deposits, and trade. Stay far away!

Attention! Another Regulatory Warning Against FCA-Regulated Vantage Group!

Illegal Broker Activities Ben -
Vantage Prime Group LLC d/b/a VantageMarkets (VantageMarkets.co.uk) is regulated in the UK by the FCA. In addition, the VantageMarkets scheme runs offshore entities through which it performs onboarding of clients in the EEA region, in violation of the regulatory requirements of the FCA and ESMA regulators. The Italian Consob has ordered the black-out of the VantageMarkets offshore broker website (VantageMarkets.com). It is not the first regulatory warning. Be very careful when dealing with this broker scheme.

Urgent Warning Against Russian Broker Scam Binarium Attacking Eastern European Consumers!

Illegal Broker Activities tamir -
In Dec 2021, the Italian Consob ordered the blackout of Binarium's websites for Italian consumers. The boiler rooms operate with Russian phone numbers and are located in Russia, Latvia, and Ukraine. Binarium is huge. According to the latest Similarweb statistics from December 27, 2022, almost 325000 people have visited the website in the last 28 days. Mainly from Eastern European countries. Stay far away and protect your financial health.

The Defamation Campaign Of Cyprus Broker Scheme XBPrime!

Illegal Broker Activities Ben -
We brought an initial review of the XBPrime broker operated by the offshore entity MarketFinancials Ltd, a securities dealer registered by the FSA Seychelles. The truth is that XBPrime is run out of Cyprus via M&N Equity Research Ltd. The offshore entity is said to be owned by Cyprus-registered Proverial Ltd, where Israeli Asher Afriat is registered as a director. This guy also used to be the director of the CySEC-regulated K-DNA Financial Services Ltd, which later became FTX (EU) Ltd.

Offshore Broker XBPrime And Its Connections To FTX Europe!

Crypto Schemes Ben -
We brought an initial review of the XBPrime broker operated by the offshore entity MarketFinancials Ltd, a securities dealer registered by the FSA Seychelles. The payment agent is Cyprus-registered M&N Equity Research Ltd. The offshore entity is said to be owned by Cyprus-registered Proverial Ltd, where Israeli Asher Afriat is registered as a director. He is also a director of the CySEC-regulated FTX (EU) Ltd (formerly K-DNA Financial Services Ltd), which operated as FTX EU. CySEC recently suspended the license of FTX Europe (report here).

CySEC-Regulated Skilling Continues To Onboard EEA Residents Via Its Offshore Entity!

CySEC Ben -
Skilling Ltd, a Cyprus Investment Firm (CIF) regulated by CySEC, is doing business as Skilling. The broker scheme also offers offshore onboarding to EEA residents outside of ESMA and CySEC rules. This is done through Skilling (Seychelles) Ltd, with whom clients then enter into a Client Agreement. More than 70% of the website visitors are from Sweden. EEA consumers should be cautious with offshore Skilling as any investor compensation scheme or ombudsman does not protect them.

Offshore Radar! Unauthorized Russian GrandCapital and their brands!

Illegal Broker Activities tamir -
The discovered facts suggest that offshore brokers GrandCapital and GCOption from St. Petersburg in Russia operated through various offshore entities. GrandCapital, which operates illegally without authorization, was accepted as a member of The Financial Commission in 2016. In our initial review, we discovered that the GrandCapital group was also behind the (no longer licensed) Estonian crypto payment processor SerenityPay a/k/a Serenity Financial.

Offshore Radar! CySEC-controlled Seychelles broker MarketFinancials and its brands!

FSA Seychelles Ben -
In Jan 2020, Finance Magnates reported that Growth Capital LLC, part of CySEC-regulated Mount Nico Group Ltd, would be a subsidiary of Saint Vincent and the Grenadines-based broker Invest100. The latter is just one of several offshore brokers facilitated through the FSA Seychelles regulated MarketFinancials Limited. We also found xpprime and bkfx. The latter used to be operated by MarketsFinancial until 2020 but is now operated by South African BKFX (Pty) Ltd and BKFX LLC in SVG.

New on the offshore radar: Seychelles-base PU Prime!

CySEC Charlene Lensburg -
For regular readers of FinTelegram, it is no secret that we put a special focus on offshore broker activities in our market monitoring. An efficient way to detect unauthorized offshore brokers is to follow fraudulent marketing campaigns and fake review sites. A fake review site led us to Pacific Union Group a/k/a PU PRIME which acquires clients worldwide. While we do not deem PU Prime as a scam, we established that they offer their regulated financial services unauthorized in Europe and most other regulatory regim

Unregulated Russian scam broker Binarium and its network of companies and domains!

Illegal Broker Activities Ben -
Binarium is an unregulated Russian broker operating outside Russia through legal entities in Cyprus and St. Vincent and the Grenadines, targeting consumers in Europe, North America and Asia. The Italian Consob ordered the blackout of Binarium's websites for Italian consumers. The boiler rooms operate with a Russian phone number and are located in Russia, Latvia and Ukraine. The Russian site can be reached through the domain www.binarlum.co

Daily Affiliate Warning – Fake News article promotes Lottery Heroes scheme!

Affiliate Scams Ben -
Another email from Jason Voghel and the email address [email protected]. Oh yes, from Jason Voghel, we get a lot of emails from various email addresses. Today we are promised "Big Money" if we activate our account. The link in the email takes us to a fake EUROMONEY article on the Russian site https://lhfrist.ru. The article hails getting rich via the Lottery Heroes scheme. One is also led to thelottery betting site Lottery Heroes (www.lotteryheroes.com) if one wants to sign up for the new riches.

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.

Contact us: [email protected]

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.

© Copyright - FinTelegram News powered by Cyber Intelligence Services LLC