What business is the FCA-regulated payment institution Connectum has been on our radar over recent years as a facilitator of broker scams and as a partner of high-risk processors such as HoneyPay or Hawex. According to the latest Similarweb statistics, Connectum makes a significant part of its payment volume with Russia. Among other things, we noticed that Alexander Gerchik, a trader living in New York, exclusively targets Russian clients who deposit via Connectum through his trading education website Gerchik.com.