Tag: Cardeta

The Spanish regulator CNMV has issued a warning against EuroxtradeFX, which is allegedly operated through a legal entity in St. Vincent & The Grenadines. We have not found this company. EuroxtradeFX also falsely claims to be a member of the Financial Commission, a dispute resolution organization. As a supporting payment processor for credit/debit card deposits, we have once again found Cardeta. Stay far away and protect your financial health.

Despite the record-setting heat wave, broker scams are highly active with their boiler rooms attacking consumers. In our review, we found that EMConsulting, operated by the offshore entity Infinium Solutions Ltd, runs as a white-label mutation on the same platform as Invest Atlas, Gitex Capital, OptimizeFunds, and dozens of others. As a payment processor, we discovered the anonymously operating AgorPay. Stay far away from this broker scam and save yourself losses!

FinTelegram readers know that we have a particular focus on payment processors, especially high-risk payment processors. Without them, most scams would not even be possible. We call them facilitators in this context. We are particularly suspicious about anonymously operating payment processors that do not provide information about its legal entity and people or work with false information. As in the case of Cardeta, which is apparently an Israeli facilitator working with fake social media accounts. We would like to know more.

Currently, a wave of fraudulent crypto campaigns is washing over us again. Most recently, we reported on several BitIQ campaigns. In addition, several other fraudulent crypto campaigns such as Bitcoin Buyer, Bitcoin Era, or Bitcoin Code are being run via a Google Sites platform with a fake article promoting a getting-rich-quick scheme. They chase new victims of the never-ending stream of broker scams. Such as for BrownFinance, which poses as a CySEC-regulated investment firm. Stay Far Away.

Early December 2021, FinTelegram warned against the Tredexo (www.tredexo.com) broker scam attacking victims in English and German. ABAX Inc., registered in St. Vincent & The Grenadines, is allegedly the operator. Notorious Paypound is one of the payment processors. Potential victims can lose their money via credit and debit cards and Bitcoin deposits. The Austrian FMA followed FinTelegram and issued a warning against Tredexo. Stay far away and keep your money.

The Tredexo (www.tredexo.com) broker scam is currently hunting for European victims. ABAX Inc., registered in St. Vincent & The Grenadines, is allegedly the scam operator that attacks victims in English and German. Through PaynetEasy's ShinePays cashier (https://gate.shinepays.com), potential victims can lose their money via credit and debit cards as well as Bitcoin deposits. Stay far away and keep your money.