Tag: Crystal Ball Markets

investor warning against crystal ball marketsR
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August 25, 2022

Requested Update On Unauthorized Offshore Broker Crystall Ball Markets!

In March 2021, we issued an investor warning against the offshore broker scam Crystal Ball Markets, operated by the offshore entity Crystal Ball Markets LLC. Since March 2021, the supporting payment processors have changed. The offshore broker has no authorization to operate as a Forex, CFD or Crypto broker in Europe or other jurisdictions. We were contacted the brokers Chief Strategy Officer Sasaenia Omilabu and advised that Crystal Ball Markets would be registered with FINTRAC of Canada as a Money Services Business (MBS). Here is the update!
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investor warning against crystal ball marketsA
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September 6, 2021

Another investor warning against Crystal Ball Markets broker scam

In March 2021, we issued an investor warning against the broker scam Crystal Ball Markets (www.crystalballmarkets.com), mainly active on Instagram and social media. The scam operator is Crystal Ball Markets LLC, registered in January 2020 with registration number 262. The offshore entity was founded by the notorious company builder Wilfred Services Ltd. Since March 2021, the supporting payment processors have changed. Currently, the (potential) victims are asked to make their deposits primarily through PayPal or via cryptocurrencies. Stay away! Stay happy!
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Request 4 Information Paystruct payment processorR
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April 30, 2021

R4I – Secretive scam-facilitating payment processor Paystruct

In recent weeks, Paystruct (www.paystruct.com) has appeared more and more frequently as a payment processor in our analysis of scam brokers. Like many of the high-risk payment processors, Paystruct discloses very little information on its website. There is no indication of the legal entity and individuals behind it. Contact can be made by email or phone with a number in London. Also, there is no additional information on the merchant dashboard except that Paystruct is supposed to be the world's best closed-loop token payment system with payouts under 24 hours.
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Crystal Ball Markets scam warningI
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March 4, 2021

Investor Warning – Crystal Ball Markets is most likely a scam

The unregulated offshore broker Crystal Ball Markets (www.crystalballmarkets.com) is allegedly operated through a legal entity with registration number 262 LLC 2020 in St Vincent and the Grenadines. The only employee we found on LinkedIn is Naina Sharma in Uttar Pradesh, India. However, the profile does not look real. The broker is currently very active on Instagram, Twitter, and Facebook and evidently tries to build up credibility. We found iPayTotal, PayStruct, Perfect Money, and Euro Pacific Intl. Bank Inc. as payment processors. The broker, of course, accepts crypto.
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