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Tag: BoxiPay

November 21, 2021

Please notice! Broker scams Tandem Markets and Global Morgan on the hunt!

In our reviews today, we have discovered that currently, via Yuan Pay a/k/a Yuan Pay Group scam campaign, the broker scam Tandem Markets (www.tandemmarkets.com) is being promoted. This scam is operated by the same boiler rooms and marketing companies as Global Morgan (www.globalmorgan.com). Currently, there are no warnings from regulators against either scam. Stay far away and keep your money and data.

Illegal Broker Activities

November 6, 2021

Attention! Fortexo broker scam still chasing victims

In May 2021, we issued our first warning against the Fortexo (www.fortexo.co) broker scam. In August, the German regulator BaFin announced investigations against the scam and its operator. To this day, we receive reports from victims who still fell for the scam because the aggressive boiler room agents kept calling. Many people often give in to these aggressive phone attacks and make a deposit. The money is then gone. Believe us! Stay away and protect your money and their mental health.

October 26, 2021

Urgent warning! Bitcoin Prime fraud campaign chases victims for IGC Markets broker scam!

FinTelegram has warned about the IGC Markets broker scam several times. Today, the scam is being promoted by the fraudulent marketing campaign Bitcoin Prime and mainly targets German-speaking victims. As a payment processor, we have discovered the mysterious crypto payment processor Coinsxo in BoxiPay cashier. Its website does not provide any information about the legal entity of the operator. Cyprus is stated as the Coinsxo jurisdiction.

September 25, 2021

Investor warning against PrimeCryptoCapital broker scam

The German BaFin has announced an investigation of PrimeCryptoCapital. The scam works with BoxiPay cashier and has integrated MasterPay a/k/a SecureMasterPay (https://securemasterpay.com), among others, as facilitating payment processors for credit and debit card payments. The scam's website has apparently been recycled several times. There are various references to operators. On the payment page of SecureMasterPay, an MCI Wealth Management is named as the merchant. We did not find this company!

September 9, 2021

Marketing Alert! Bitcoin System promotes Fortexo scam

Today, the Bitcoin System fraud campaign refers us to the scam broker Fortexo (www.fortexo.co). As usual, after registering with Bitcoin System, we land directly in the scam's dashboard. There we find PayBox cashier (https://cashier.boxipay.io). No deposits were possible in our review today. Apparently, no payment processor is currently active. In May 2021, we issued a warning against Fortexo. In August, the German BaFin announced investigations against the scam and its operator.

June 22, 2021

Broker scam Cryptoneteasy promoted by Bitcoin Gemini fraud campaign

Only the sky is the limit when scammers and their facilitators play with brands, domains, and marketing campaigns. This afternoon we received an email in our spam folder promising us high profits within a few hours. The link in the email leads us to the Bitcoin Gemini (www.bitcoin-gemini.top) and Bitcoin Era scam campaigns on the myFinancemMonday website (https://myfinancemmonday.com/bitcoin-era-7). Upon registering, we are led to the broker scam Cryptoneteasy (www.cryptneteasy.com), among others.

June 15, 2021

Daily Marketing Alert – Fraud campaign BitQT promotes AlgofGain broker scam

We have issued a warning against the broker scam AlgofGain on May 18, 2021. Currently, the scam is promoted via fake news articles on the website https://yucosmos.com praising the fraudulent BitQT campaign on Best Invest News. They are attacking German-speaking consumers. The scam has built an extensive collection of supporting payment processors via its BoxiPay cashier. On Trustpilot, AlgofGain now has only a 2.8-star rating with a "Poor" trust level. Do not fall for BitQT and AlgofGain.

June 9, 2021

Fraud marketing campaign 1k Daily Profit promotes EU Finance broker scam

The 1k Daily Profit campaign is run through a vast network of affiliate sites and massively promoted on Google in social media. For example, the campaign is currently also running on the page Investment Generator. From there, one is redirected today to the broker Scam EU Finance (www.eufinance.eu), among others, after registration. As scam-facilitating payment processors, finanic, Venus Exchange, Bitexchain, and Jubiter are connected via the BoxiPay Cashier.

Illegal Broker Activities

May 31, 2021

Austrian regulator warns against FXTime broker scam

The Austrian Financial Market Authority (FMA) has issued an investor warning against the FXTime broker scam (www.fxtime.io). According to the FMA, the scam claims to operate in Austria. We found in the Terms & Conditions that Estonian law applies. As payment processors behind the BoxiPay cashier, we have once again discovered PayNetEasy and PayCent. Deposits from victims are currently only possible via credit and debit cards. Do not fall for the scam.

May 26, 2021

Daily Affiliate Warning – Boring fraud campaign BitQT promotes Fortexo broker scam

Today, the many spam emails lead us to once again the now well-known fake article that announces the next big startup after Google and Facebook and is supposed to make me rich in 7 days. The article is presented on LPONLINE. In the article once again (still?) BitQT is promoted. Clicking again takes you to the fraudulent BitQT campaign on Amazing Offers. Upon registering today, it goes to the broker scam Fortexo. Surprise, surprise!

May 21, 2021

BaFin issues another Cease and Desist Order against CapitalFX broker scam

The German BaFin has issued another Cease and Desist Order against EZ2GO Ltd this week. The company, registered in the Commonwealth of Dominica, was registered as the operator of the CapitalFX broker scam. The scam is active with the domains www.capitalfx.co and www.capital-fx.info. Also named as an operator is Aegion Group Ltd, registered in St. Vincent and the Grenadines. As payment processors, we have discovered PayNetEasy and PayCent behind the BoxiPay cashier (PayBox).

May 18, 2021

Investor Warning – Estonian broker scams AGKapital and AlgofGain and their facilitating payment processors

Currently, the two related broker scams AGKapital and AlgofGain, are being promoted via various fraudulent marketing campaigns. What is special about these two scams is that they both work with the BoxiPay Cashier (operated by PayBox) and the same list of payment processors. Among them the usual suspects like iPayTotal, NeoBanQ, or PayCent but also others like the Turkish RHG Partners, Bitngo, or ikajo. The scams claim on their websites that they fall under Estonian jurisdiction. Many of their payment processors do too!