Certus Finance | FinTelegram News

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.

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!

October 8, 2020

CMNV Warnings against scam Broker LMFX and FinmaxFX

The Spanish regulator CNMV issued several investor warnings against several scam brokers earlier this week. These include LMFX operated by Global Trade Partners Ltd, Macedonia,..

September 20, 2020

Austrian FMA warns against PumaTS scam broker Blackstone500

The Austrian FMA warns against Blackstone500 (www.blackstone500.com). It’s about time for law enforcement agencies in various EU jurisdictions to take action. In any case, the Leverate Financial Services Ltd which is regulated in Cyprus by CySEC should be approached to identify the beneficial owners and individuals behind PumaTS. The latter is a white label broker platform provider as well as a partner and client of Leverate and operates a vast scam broker network.

July 24, 2020

FCA warns against PumaTS white-label broker scam Blackstone500

Currently, not a day goes by without a financial market regulator warning about one of the scams from the worldwide PumaTS scam broker network. It's about time for law enforcement agencies in various EU jurisdictions to take action. PumaTS is a white label broker platform provider and operates a vast scam broker network. On 22 July 2020, the UK Financial Conduct Authority (FCA) issued a public investor warning against CFD broker Blackstone500 (www.blackstone500.com).

July 16, 2020

Request 4 Information – Russian Payment Processor Certus Finance

FinTelegram News has been investigating the white label broker platform provider PumaTS for several weeks. With the white label solutions of PumaTS dozens of broker scams are operated in the area of Forex, CFDs, and Cryptos (see reports about PumaTS here). In the course of analyzing the FinTelegram documents submitted by a whistleblower we also came across the payment processor Certus Finance.