EuroTrader | FinTelegram News

Tag: EuroTrader

December 23, 2022

Offshore Broker LQDFX Facilitated By Confirmo And PayRedeem!

Offshore broker LQDFX has been on our radar for about two years now. The founder is the well-known fintech entrepreneur Ozan Ozerk a/k/a Ozan Özerk, who founded several regulated companies in the UK, Lithuania, and other EEA jurisdictions such as OpenPayd or EuroTrader. The UK FCA has recently issued a warning against the offshore broker LQDFX, violating the EEA regimes' regulatory requirements. The offshore broker is facilitated by the crypto payment processor Confirmo. It also accepts payment cards issued by PayRedeem.

Fintech

November 27, 2022

Introducing The New Giftcard Platform Giftbull In The Ozan Ozerk Environment!

According to their website, Giftbull is a brand new UK-based e-gift card and voucher platform providing access to hundreds of e-gift cards and vouchers from popular brands worldwide. Giftbull is operated through Giftbull UK Limited, where Ferdi Ozkurnaz, a Cypriot, is a director. The company is connected to Ozan Ozerk through Secure Processing Holding Ltd, registered in Cyprus. In both companies, his confidant Ferdi Ozkurnaz, a/k/a Ferdi Özkurnaz, serves as a director.

November 25, 2022

Ozan Ozerk’s Eurotrader Acquired Itself An FCA License To Continue Expansion-Spree!

Ozan Ozerk is a FinTech entrepreneur with many interests. He is the founder of the European Merchant Bank (EMBank) in Lithuania and FCA-regulated OpenPayd. On his website www.ozanozerk.com, Ozerk explains himself in epic terms. He founded the CySEC-regulated broker EuroTrader in 2018. Even before that, in 2016, he was involved in establishing the offshore broker LDQFX, which, at least until some time ago, was connected with EuroTrader, which has now secured an FCA license.

November 1, 2022

Turkey-Focused Eurotrader Group Appoints Ben Swann As Chief Technology Officer

CySEC-regulated multi-asset broker Eurotrader Group has appointed Ben Swann as its new Chief Technology Officer. Before joining Eurotrader, he built and managed several retail trading platforms, including City Index, Gain Capital, and MF Global. Eurotrader was founded by Ozan Ozerk, who is also the founder of FCA-regulated Banking-as-a-Service (BaaS) platform operator OpenPayd and the Lithuanian European Merchant Bank (EMBank).

September 1, 2022

Eurotrader Appointes Martin Couper To Head Compliance

The CySEC-regulated broker Eurotrader Group controlled by Ozan Ozerk, has announced the appointment of Martin Couper (LinkedIn) to the post of Head of Global Compliance. Before joining Eurotrader Group, Couper has been working for almost five years for Exinity, founded by Andrey Dashin, owner of brokerage companies Alpari and FXTM. Couper ‎will join Eurotrader’s compliance team based out of London. Recently, Eurotrader announced the appointment of Marcelo Spina as its CEO.

CySEC
ticker

December 21, 2021

CySEC Compliance! Be careful with the bonus program of offshore broker EuroTrader!

Self-proclaimed FinTech guru Dr. Ozan Ozerk controls EuroTrader Group and its twin scheme LQDFX. Eurotrade Investments RGB Ltd d/b/a EuroTrader with the approved domain www.eurotrader.eu is a CySEC-regulated investment firm (CIF) with license number 279/15. Through the license passporting scheme, EuroTrader can offer its services in other EU regulatory regimes. Eurotrade SA (Pty) Ltd, registered and regulated in South Africa, on the other hand, is not allowed to offer regulated financial services in the EU. However, it does but its bonus program is a joke!

October 9, 2021

The illegal offshore broker LQDFX and its EuroTrader connections!

This Canadian BCSC recently issued a warning against the illegally operating offshore broker LQDFX (www.lqdfx.com). LQD Limited in the Marshall Islands is the operator. This unregulated offshore broker has been co-founded and controlled by Ozan Ozerk, a director and beneficial owner of the CySEC-regulated EuroTrader Group, and his partner Soteris Georgiou. LQDFX and the offshore EuroTrader broker schemes illegally acquires investors in Europe and North America and onboard clients in deliberate violation of KYC/AML procedures!

October 9, 2021

The new EuroTrader Group of Ozan Ozerk regulated by CySEC and FSCA

EuroTrader is a forex and CFD broker brand owned and operated by the EuroTrader Group, a group of regulated companies owned by the fintech entrepreneur Ozan Ozerk. Until at least April 2021, the latter has also been one of the founders and beneficial owners behind the offshore broker LQDFX. Since we published our report about the EuroTrader Group in April 2021 and exposed the offshore activities around the Marshall Islands-registered EuroTrade Global Ltd, some significant changes have been made.

April 12, 2021

EuroTrader Update – Ozan Ozerk, Soteris Georgiou, domains, and legal entities

We have brought a first report on the activities of brokers brands EuroTrader and LQDFX some ago. The EuroTrader group is regulated by CySEC for its activities in the EU. However, besides that, the group operates offshore mutations via entities in the Marshall Islands and South Africa. The FinTech emperor Ozan Ozerk controls both EuroTrader and the unregulated LQDFX. The British accountant Soteris Georgiou is also registered as Ozerk's long-time partner and accountant as the offshore entities' beneficial owner. Here is an update.

February 19, 2021

Ozan Ozerk’s Eurotrade Group with CySec-regulated EuroTrader and LQFX

FinTech entrepreneur Ozan Ozerk is a remarkable man. He has built an impressive empire of regulated and unregulated FinTech companies in various jurisdictions over the last few years. These include European Merchant Bank in Lithuania, Ozan Ödeme Hizmetleri ve Elektronik Para AŞ in Turkey, and several FCA-regulated institutions in the UK. This is the official site of Ozan Ozerk, which he runs through his Akce Group and OpenPayd Group. Then there are his gambling and forex empires.

US Treasury Forgives Ukraine Looters!

On 26 September 2024, the United States Treasury’s Financial Crimes Enforcement Network ‘FinCEN’ made the astonishing decision to drop sanctions against ABLV Bank of Latvia. ABLV was sanctioned in 2018 for a list of reasons, including helping Ukrainian President Viktor Yanukovich’s bagman, Serhiy Kurchenko, steal billions of dollars from Ukraine.

Gurbir Grewal’s Departure from the SEC: His New Position and Potential Impact on Crypto Regulation!

Gurbir S. Grewal, the former Director of the Division of Enforcement at the U.S. Securities and Exchange Commission (SEC), has left his position to join Milbank LLP, one of the most innovative and prestigious law firms globally. This transition from his high-profile regulatory role to private practice is likely to have lasting implications, particularly on the SEC’s enforcement strategy in the crypto sector.

Warning Against The Imminent Danger of Pig Butchering For The Dawning Cyber Society!

Pig butchering scams are a devastating form of cybercrime that blend romance and investment fraud, leaving victims emotionally and financially shattered. These sophisticated operations, run by organized crime syndicates, often exploit human trafficking victims as unwilling scammers. The perpetrators meticulously cultivate trust over months, luring targets into fraudulent cryptocurrency investments through fake platforms.

MLM Schemes

Latest Arrests in $4 Billion Forex AI Fraud Scheme OmegaPro and the Austrian Connection!

FinTelegram has reported on the fraudulent crypto MLM schemes OMNIA Tech and OmegaPro several times in the past. This week, various media outlets have reported the arrest of Robert Velghe in Turkey, who has played a crucial role in both scams. The OmegaPro MLM scam is believed to have stolen around $4 billion from victims worldwide. Here is our update with a request for additional information from whistleblowers.

Crypto MLM Scam: David Carmona Sentenced to 121 Months for IcomTech Crypto Ponzi Scheme!

iComTech was one of the numerous fraudulent MLM schemes that used cryptocurrencies as a means of fraud in parallel with the crypto hype of 2017/18. David Carmora started IcomTech in approximately 2018 with other co-conspirators as a purported cryptocurrency mining and trading company. The scheme promised to earn its victims high profits and guaranteed daily returns that would double their money within six months.