Tag: Oil Profit

The broker scam DGTFuture is being promoted via the fraudulent crypto campaign Oil Profit running on the website BestInvestmentOffer.com, among others. Anyone who registers with Oil Profit with the expectation of high profits via Bitcoin price gains is immediately redirected to the payment page of the DGTFuture scam. The potential victims also immediately receive an email from the alleged account manager. Stay far away and protect your financial health.

FinTelegram has warned against the OIL PROFIT campaign several times. The German BaFin follows and issued a warning against the German mutation (www.öl-profit.de and www.oil-profit.de) of the fraudulent marketing campaign. Such campaigns are used to promote illegal broker activities and scams. Usually, victims who register with these fraudulent campaigns are redirected to the payment page of the respective scams and illegal brokers. Additionally, the victims' data is stolen and misused.

In July 2021, FinTelegram issued a warning against Argon Holdings Ltd, which operates the two broker scams 356CapitalMarkets and 365CapitalFX facilitated by PaymentsPro. Argon Holdings has used fraudulent marketing campaigns like Oil Profit to hunt victims for its scams. Back in October 2020, the Belgian regulator FSMA issued a warning against 365CapitalMarkets. Now the UK Financial Conduct Authority (FCA) followed with a warning against 365CapitalFX and its co-operator Sand Ltd. The scam is already about to vanish.