Tag: Globalix

On 1 March 2022, the Spanish CNMV issued a warning against the broker scam Finaz.io. According to the website, the operator would be Finaz.io Ltd, an offshore entity registered in the Marshall Islands. Finaz.io runs as a white-label mutation on the Israeli PandaTS platform. The Finaz.io is allegedly connected to the perpetrators behind the vanished Globalix, BrokerZ, or 24WaysFX. European law enforcement agents recently arrested 15 suspects in Albania, allegedly connected to this cybercrime organization.

According to Eurojust, law enforcement agents in Albania and Germany have taken down a scam broker network that defrauded victims, including many Germans, of at least several million euros. During an action day, 15 suspects were arrested and eight places were searched in Tirana, Albania. The arrested perpetrators operated boiler rooms in Albania that ran the scam broker brands BrokerZ and Globalix, which lured victims in Germany into investing in non-existent financial products that promised large benefits.