Piastrix | FinTelegram News

Tag: Piastrix

March 13, 2022

Urgent warning! Russian Binarium scam brokers still hunting Western consumers!

Amid the Ukraine War, the Russian Binarium broker scam continues its attacks. Legal entities in Cyprus and St. Vincent & the Grenadines operate the scam targeting consumers in Europe, North America, and Asia. In Dec 2021, the Italian Consob ordered the blackout of Binarium's websites for Italian consumers. The boiler rooms operate with Russian phone numbers and are located in Russia, Latvia, and Ukraine. The scam works with Russian payment processors and cryptocurrencies. Stay far away!

March 9, 2022

Western sanctions against Russia don’t bother their high-risk payment segment!

As is well known, the Western Allies have largely excluded Russia from SWIFT. In addition, Visa and MasterCard have also blocked services for Russian companies. Theoretically, the numerous Russian payment processors in the high-risk and cybercrime segment should no longer work. Many Russian payment processors operate via licensed Estonian crypto payment processors such as Volrix OÜ d/b/a SafeCurrency or Fincana OÜ d/b/a Payeer.

March 7, 2022

Attention! Russian broker Quotex still attacks European consumers!

This is our 3rd warning against the allegedly Russian broker Quotex facilitated by the U.S. crypto exchange Coinbase and the unregulated Russian payment processors Piastrix and Perfect Money. Currently, the broker scam operates with the new offshore entity Maxbit LLC, St. Vincent & The Grenadines. However, according to our information, the scam is actually operated via boiler rooms in Russia and Ukraine. Do yourself a favor and stay away from Quotex.

February 24, 2022

Another Russian attack on Europe! Renewed warning against illegal social media broker Quotex!

Over the last months, FinTelegeram has already issued three warnings against the illegal Russian broker Quotex. The new offshore entity Maxbit LLC, registered in St...

Illegal Broker Activities

February 5, 2022

Unregulated Russian scam broker Binarium and its network of companies and domains!

Binarium is an unregulated Russian broker operating outside Russia through legal entities in Cyprus and St. Vincent and the Grenadines, targeting consumers in Europe, North America and Asia. The Italian Consob ordered the blackout of Binarium's websites for Italian consumers. The boiler rooms operate with a Russian phone number and are located in Russia, Latvia and Ukraine. The Russian site can be reached through the domain www.binarlum.co

Illegal Broker Activities

February 4, 2022

Attention! Russian Quotex broker scam attacks with a new legal entity!

We have already issued a warning against Quotex in the summer of 2021. Now the broker scam operates with the new offshore entity Maxbit LLC, St. Vincent & The Grenadines, and with the new domain (https://quotex.market). However, according to our information, the scam is actually operated via boiler rooms in Russia. Deposits are possible with various cryptocurrencies via Coinbase and other crypto payment providers, as well as via Russian payment processors Piastrix and Perfect Money.

June 30, 2021

Investor Attention – CNMV warns against illegally operating crypto broker Quotex

Spanish regulator CNMV has issued an investor warning against the illegally operating broker Quotex (www.quotex.io) earlier this week. Seychelles-registered Awesomo Ltd and Quotex Ltd allegedly operate this. The scam has registered with the International Financial Market Relations Regulation Center (IFMRRC) and received a Certificate of Compliance. Well, the IFMRRC is a fake regulator, and the certificate is worth nothing. The payment processors we found are Onepayways, AdvCash, Perfect Money, Piastrix, and Coinbase.

April 1, 2021

Daily Affiliate Warning – FXOffers promoting IGM Holdings, HQ Trade broker und FinoCapital scams

Today we received another nice email from [email protected] In the email, we are once again presented with a link to FXOffers (www.fxoffers.cc) and its fraudulent Elite Trading Club campaign. A video still promises that you can earn more than €15,000 daily without risk on the campaign page. The campaign promises to make you a millionaire. Got it, stupid? All you have to do is register. Today, victims are being sought via this fraudulent campaign for broker scams IGM Holdings, HQ Trade, and FinoCapital. Do not be one of these victims.

March 12, 2021

Investor Alert – Broker scam TradingTeck still online

In September 2020, the UK FCA issued a warning against the scam broker TradingTeck (www.tradingteck.com and www.tradingteck.co). We reported here! The broker is a brand of SecVision Limited, allegedly registered in St. Vincent and the Grenadines. The South African EFTpay (www.eftpay.co.za) is available as a payment option.

March 10, 2021

Investor Alert – Don’t fall for ‘Only Investments’ and ‘Bst Offers’ affiliate schemes

The website Bst Offers (https://bst-offers.com) belongs to a fraudulent affiliate scheme. When registering there you will be routed through different intermediate sites to broker scams like SolidStocks, Triton Capital Markets, or AlgoBlox. These are typical white label broker scams where we discovered the Piastrix, Payotop, and Praxis Cashier as payment facilitators. These affiliate systems are an essential part of scam ecospheres to acquire new victims for the scams. They are scammers themselves.

February 11, 2021

Investor Alert – Estonian TheCapitalStocks scam still active attacking EU consumers

In September 2020, the German regulator BaFin issued a cease and desist order against the broker scams TheCapitalStocks (www.thecapitalstocks.com) and RoyaltyFinance (www.royaltyfinance.io), operated by Estonian Kleinman Group via its company in St. Vincent & the Grenadines. Already in August 2020, the Italian CONSOB warned against these scams. Recently FinTelegram published a report on the Estonian Kleinman Group (read here). Unfortunately, the TheCapitalStocks scam is still online.

January 13, 2021

The Estonian Kleinman Group and its broker scams

A few weeks ago, we reported on the BaFin warning against the scam broker TheCapitalStocks (www.thecapitalsrocks.com). This was operated through the Estonian Kleinman Services OÜ and its parent company Kleinman Enterprise Ltd, St. Vincent and the Grenadines. The sole director of Kleinman Services in Estonia is Swede Luis Christofer Lundberg, born in September 1990, so he is responsible for its scams TheCapitalStocks, WiseFunds, CreditWise, or RoyaltyFinance.