Tag: JPM Capitals

The Trade Com Racket is believed to have a headquarters in Albania. JPM Capitals, ProfxCredit, FMA Crypto, Coinmond, GlobalSpotFX, Spotfinex, FXonspot, and TopEuroFX are part of the racket. In January and August 2020, the UK FCA issued investor warnings against the FXonspot scam; in September 2020, the Spanish CNMV followed. The racket offers the trading app TopEuroFX for free download in the Google store. As facilitating payment processors, we have recently discovered Payecards, the Estonian Woodstock OÜ, the UK Cashaa Technologies Ltd, and Net Kantor.

Another day and a few hundred new victims. A victim of broker scam GlobalSpotFX was invited by the boiler room agents to make investments at JPM Capitals. This was to enable him to recoup his previous losses at GlobalSpotFX (a/k/a SpotFinex a/k/a TopEuroFX). The victim recorded the phone numbers and fake names of the various boiler room agents in his detailed protocol. Therefore, he was able to identify the caller from JPM Capitals as an agent of the Albanian boiler room behind GlobalSpotFX. So stay far away from JPM Capitals.