Tag: Group 500

Urgent Warning: Do Not Fall For the IAFI Fund Recovery Scheme!

Fund Recovery Charlene Lensburg - April 10, 2023

According to their website, the fund recovery scheme would be the International Authority of Financial Investigation (IAFI), the global money laundering and terrorist financing watchdog. That's bullshit. We assume the IAFI fund recovery scheme operators are related to the Group 500 broker scam operators. Group 500 victims are contacted by IAFI agents promising to repay lost funds. Stay very far away.

R4I – Group 500 & Genesis11 broker scams and their network

FCA tamir - August 9, 2021

We recently reported that the UK FCA issued an investor warning against the Group 500 scam broker. We have subsequently been contacted by victims of the scam who have provided us with additional information. Around 30 victims who have lost around GPB 1M and their lawyers are pursuing the Group 500 network. The victims have discovered that apparently Genesis11, as well as S J Global Investments Worldwide Limited, Pearlwealth Limited, and other companies, are also part of the scam network. We would like to know more.

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