12.6 C
New York
Friday, March 27, 2026
spot_img

Tag: Pradexx

Investor Warning Against TitanPros Broker Scam!

FMA Ben -
The Austrian Financial Market Authority (FMA) has issued an investor warning against the broker Scams TitanPros. The website does not provide details about the operators or the jurisdiction. The phone number provided on the website is also associated with several other scams, such as FRCM Management or FReserves. Most recently, TitanPros has been promoting itself via press releases. Stay far away, and protect your financial health and private data.

Investor Alert! IFXTRADES broker scam with SecurePayment3D wants your money!

CFTC Ben -
The IFXTRADES crypto broker scam is allegedly operated by Phenix tech Ltd, which has also been related to the Markets Cap scam. Would-be victims of IFTXTRADES can buy Bitcoins (BTC) or Tether (USDT) via credit and debit cards which are then deposited to the scam's wallets. We found SecurePayment3D as the facilitating payment processor. The SecurePayment3D domain is connected iMarketserviceFX, whose operators are being sued and sought by the U.S. regulator CFTC.

New – List of scam-facilitating Estonian crypto payment processors

Crypto Payments tamir -
Digital currencies are the future in one way or another. For a few months now, online payment pioneer PayPal has also been accepting bitcoins and other cryptocurrencies. Estonia is currently the epicenter of European crypto payment processors. As of mid-2020, the Estonian FIU had issued more than 3,000 licenses (report here). Unfortunately, many of them are used to facilitate scams and illegal payment services. We have drafted a list of Estonian crypto payment companies that have come to our attention in scams.

Pradexx – While the high-risk payment processor’s website is back its CFO is gone

Crypto Payments tamir -
It is accessible again. We mean the website of the licensed Estonian high-risk payment processor and scam facilitator Pradexx. Its main page www.pradexx.com was not accessible via any browser for a few days due to security problems. We have reported about it. Today the site is available again. No reason is given for the inaccessibility, neither on the website nor on the associated LinkedIn channel. On the other hand, we can see that on LinkedIn, that its CFO, Matan Roee, is no longer working for Pradexx. He is now CFO of the Israeli crypto FinTech Komoline.

Pradexx again! FMA warns against the payment processor’s scam client iTradeFX

Cybercrime Charlene Lensburg -
FinTelegram readers are not new to our opinion that payment processors are responsible for many scams and damaged victims. Without payment processors knowingly and willingly participating, 99% of the scams would not be possible in the first place. One of these payment processors is the Estonian Pradexx operating with one of those worthless FIU crypto licenses. Today we found Pradexx again as a scam facilitator in iTradeFX, against which the FMA has issued an investor warning.

The Estonian Money-laundering Issue – Crypto Payment Processors BlueData, and Lipan Services

Cybercrime tamir -
The Estonian regulatory regime had been a severe issue for the EU since the inception of its crypto license program some three years ago. Even though the Estonian Ministry of Finance recently announced that its FIU revoked more than 1,000 licenses, there are still about 400 regulated crypto payment companies active in the market billing themselves as "EU-regulated" payment processors. Companies like BlueData OÜ, or Lipan Services OÜ facilitate and/or operate scams. These companies are also customers of the Lithuanian GlobalNetInt which is part of the network.

Request 4 Information – Israeli-Estonian Payment Processor Pradexx

PayTechs Ben -
Some of the PumaTS broker scams are facilitated by the Israeli-Estonian payment processor Pradexx OÜ. This company is the legal entity operating the FIAT payment platform Pradexx (www.pradexx.com) and the crypto payment platform NextPayWay (www.nextpayway.com). According to the information provided on its website, NextPayPay has managed to acquire "over 380,000 people across 123 countries since 2018." Impressive, isn't it? We would like to learn more.

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.

Contact us: [email protected]

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.

© Copyright - FinTelegram News powered by Cyber Intelligence Services LLC