InvestXE Capital | FinTelegram News

Tag: InvestXE Capital

February 27, 2022

Urgent Warning! Daxiron broker scam with new Domain!

The Daxiron broker scam operates with the new domain www.dax-iron.com. FinTelegram has warned several times over the last months against the Daxiron broker scam, which is only one of many broker scams running on the Israeli-Cypriot white-label platform PandaTS. The UK Financial Conduct Authority (FCA) joined FinTelegram in issuing a warning against Daxiron. We understand that law enforcement agencies in various countries investigate PandaTS and its clients. Here is an update!

October 20, 2021

Investor warning! Do not fall for PandaTS white-label scam 7XFX!

The exploding cryptocurrencies are constantly creating new scams that focus on the greed of consumers who still want to get in. Alongside this, every day, we find ever-growing warnings from financial market regulators against funds recovery schemes. And more and more law enforcement actions against scammers. That's the good news. Today the UK FCA issued a warning against the 7XFX broker scam. A white label scam of the Israeli PandaTS. Please shut them down!

September 15, 2021

Another regulatory warning against PandaTS scam-client InvestXE!

We recently received a complaint from PandaTS because we reported on the scam clients of the Israeli FinTech of Maor Lahav and Shmuel Gutman. The General Legal Counsel threatens FinTelegram with legal action if we would not stop with the reports. However, the fact is that many large scams operate as a white label solution on their platform. This includes SafeMarkets or XTraderFX by Gal Barak. Currently, the InvestXE scam platform is also running on PandaTS. On September 15, the FMA in New Zealand issued a warning against InvestXE.

August 17, 2021

Update on InvestXE broker scam activities and its desperate moves to stop the reporting!

The Israeli trading platform form of PandaTS is home to countless white-label scams. In his court confession, the Israeli cybercrime principal Gal Barak admitted that he knew trading was being manipulated via PandaTS. In doing so, he placed the entire blame on PandaTS. He would have been only a small element as the operator of the white-label scams XtraderFX or SafeMarkets. He was sentenced to a 4-years prison term. The InvestXE (www.investxe.com) broker scams also run on PandaTS and fabricate victims non-stop. We received many victim complaints this week.

August 15, 2021

More victim complaints about PandaTS white-label scam InvestXE

How U.S. Law Enforcement Infiltrated The International Crypto Scene!

In an unprecedented move, the FBI infiltrated the crypto world with its own token, NexFundAI, to crack down on market manipulation. This case marks a significant shift in crypto enforcement, signaling that law enforcement is evolving its tactics to keep pace with the complexities of the digital asset space. As more fraudsters are exposed, the crackdown on wash trades and pump-and-dump schemes is just beginning.

Breaking: German Co-Founder of Crypto Fraud Scheme USI Tech On The Run!

USI Tech was one of the first MLM schemes to use cryptocurrencies to defraud its investors. FinTelegram has issued several warnings aginst the scheme. Horst Jicha has now gone fugitive, leaving behind a trail of defrauded investors and evading justice in the $150 million USI Tech fraud case. With Jicha on the run, the case serves as a chilling reminder of the risks in the volatile crypto world.

Binance Chief Financial Crime Compliance Officer Denied Bail in Nigerian Case!

Think twice before starting to work for the world's larger crypto exchange. As Binance’s financial crime compliance officer faces money laundering charges in Nigeria, questions mount over the company’s compliance safeguards and the risks involved in its global operations. The denial of bail for Tigran Gambaryan and the ongoing legal battle could have far-reaching implications for the company’s future.

Fintech

Solaris Bleeds Cash and Jobs: Can This High-Risk Fintech Survive, Let Alone IPO?

Solaris, a German fintech and neobank, has a long history of compliance troubles. Moreover, its ongoing financial losses and regulatory woes doubt its long-term profitability, even as it sheds jobs and restructures for survival. A potential IPO, as rumored by the German platform Gründerszene, seems speculative at best in light of its deep-rooted issues with compliance and financial stability.

Breaking: The Binance-Like $3.1 Billion Money Laundering Settlement of TD Bank!

TD Bank, one of North America's largest financial institutions, has been hit with a historic $3.1 billion settlement over money laundering violations. This case represents one of the most significant AML enforcement actions in U.S. history, both in terms of the financial penalties imposed and the severity of the admitted misconduct. Only Binance, with its $4.1 billion settlement, was even larger.