Tag: Ivans Gilejs

Investor warning against IGC Trades and InvestArea

CNMV Ben - February 15, 2022

The Spanish regulator CNMV has issued a warning against the broker scam IGC Trades (www.igctrades.com). The operator is allegedly International Markets Management Ltd which we already know from other scams like FXGbp Markets. We also found out during today's review that InvestArea (https://investarea.com) scam also belongs to this network. We have discovered Paypound, Kryptova, Neobanq, and others as payment processors. Stay far away from these scams.

FCA warning against FXGbp Markets broker scam associated with the Latvian Racket

FinTelegram Mark Lagarde - March 19, 2021

The UK FCA issued a warning against the FXGbp Markets broker scam operating with the domain www.fxgbmarkets.com. The legal entity behind the scam is allegedly International Markets Management Ltd, registered in London, United Kingdom. An interesting fact in that scam is that it claims to be regulated by the two private "regulators," irbem (here) and MFA (here). Bullshit, that is. They are not regulators. As a payment processor, we noticed again the operator of the domain www.transakcia.com (Transakcia) which is connected to the Forex & Crypto Technology Provider sanfrix.

FinTelegram is a cyberfinance intelligence and compliance platform investigating financial crime, regulatory violations, and the rails, entities, and ecosystems that facilitate them. Combining investigative journalism, whistleblower intelligence, and forensic compliance analysis, we map risk across payments, banking, crypto, and offshore structures to support transparency, accountability, and informed action.

Disclaimer: FinTelegram is an independent intelligence and compliance platform and does not provide investment, legal, or financial advice. Content published on this website, including references and links to third-party sources, is provided for informational, contextual, and educational purposes only and does not constitute a recommendation, endorsement, or solicitation. Readers must make their own independent assessment and obtain professional advice where appropriate. Past events and referenced materials are not a track record and should not be relied upon as an indicator of future results.