Preqster FX | FinTelegram News

Tag: Preqster FX

April 12, 2022

That was fast! First information on a lieutenant of Latvian Racket received!

UK-registered Preqster Ltd was part of the vast Latvian Racket and used to operate vanished broker scams such as Morgan FX Capital, Pips500, or Preqster FX. It was controlled by the Latvian citizen Sergejs Vasiljevs and was one of the many legal entities of the so-called Latvian Racket. In Nov 2021, Preqster Ltd was dissolved; its scams vanished. To follow these scams, we asked for information a few hours ago and received personal information regarding Sergejs Vasiljevs. Please continue! Let us chase and get those scammers!

April 12, 2022

The Latvian Racket! What’s this cybercrime organization’s status?

In Sept 2021, the Spanish CNMV issued an investor warning against the meanwhile vanished Morgan FX Capital (www.morganfxcapital.com) broker scam; the Italian Consob issued a black-out order a few days ago. UK-registered Preqster Ltd, which used to operate other vanished scams such as Pips500 or Preqster FX, was the operator. It was controlled by the Latvian citizen Sergejs Vasiljevs and was one of the many legal entities of the so-called Latvian Racket. This entity was dissolved, and its scams vanished. We want to learn more.

September 6, 2021

Latvian Racket – Spanish regulator warns against Morgan FX Capital scam

Today, the Spanish regulator CNMV has issued a warning against the Morgan FX Capital (www.morganfxcapital.com) broker scam. The operator of this scam is UK-registered Preqster Ltd which already operated the vanished scams Pips500 (www.pips500.com) and Preqster FX (www.preqsterFX.com). It is controlled by the Latvian citizen Sergejs Vasiljevs and is one of the many legal entities of the so-called Latvian Racket. n our review today, none of Morgan FX Capital's payment options worked.

August 3, 2021

Attention – Latvian Racket launched Profit Swiss broker scam

We have learned from an insider a/k/a whistleblower that Latvian Racket and its scammer network have recently launched Profit Swiss (www.profitswiss.com). The scam is apparently attacking consumers in Eastern Europe in the first place. Although the website states a company called PS Global Int Ltd with the company number 109781 as the operator, Preqster Ltd, already known from the Latvian Racket environment, and/or its beneficial owners are probably also involved.

June 8, 2021

The Latvian Racket and its Turkish broker scam outlet Preqster FX

Italian regulator Consob ordered the blackout of the websites of Pips500 broker scam (www.pips500.com). This site is a scam and is allegedly operated by the UK-registered Preqster Ltd. This entity is operated and controlled by Latvian citizen Sergejs Vasiljevs and is part of the Latvian Racket. This company also appears as the operator of the scam forex broker Preqster FX (www.preqsterfx.com). The latter apparently targets Turkish investors exclusively and claims that the operator is Australian ASIC-regulated PQ Invest Pty Ltd.

Breakeing: German Co-Founder of Crypto Fraud Scheme USI Tech On The Run!

USI Tech was one of the first MLM schemes to use cryptocurrencies to defraud its investors. FinTelegram has issued several warnings aginst the scheme. Horst Jicha has now gone fugitive, leaving behind a trail of defrauded investors and evading justice in the $150 million USI Tech fraud case. With Jicha on the run, the case serves as a chilling reminder of the risks in the volatile crypto world.

Binance Chief Financial Crime Compliance Officer Denied Bail in Nigerian Case!

Think twice before starting to work for the world's larger crypto exchange. As Binance’s financial crime compliance officer faces money laundering charges in Nigeria, questions mount over the company’s compliance safeguards and the risks involved in its global operations. The denial of bail for Tigran Gambaryan and the ongoing legal battle could have far-reaching implications for the company’s future.

Fintech

Solaris Bleeds Cash and Jobs: Can This High-Risk Fintech Survive, Let Alone IPO?

Solaris, a German fintech and neobank, has a long history of compliance troubles. Moreover, its ongoing financial losses and regulatory woes doubt its long-term profitability, even as it sheds jobs and restructures for survival. A potential IPO, as rumored by the German platform Gründerszene, seems speculative at best in light of its deep-rooted issues with compliance and financial stability.

Breaking: The Binance-Like $3.1 Billion Money Laundering Settlement of TD Bank!

TD Bank, one of North America's largest financial institutions, has been hit with a historic $3.1 billion settlement over money laundering violations. This case represents one of the most significant AML enforcement actions in U.S. history, both in terms of the financial penalties imposed and the severity of the admitted misconduct. Only Binance, with its $4.1 billion settlement, was even larger.

Gotbit and Russian Executives Charged by U.S. DOJ and SEC for Crypto Market Manipulation!

Gotbit Consulting LLC, along with its Russian executives, has been charged by the U.S. DOJ and SEC for its role in a widespread market manipulation scheme. By using wash trades, Gotbit inflated crypto asset prices and volumes, deceiving investors and raising millions in illicit profits. The company’s fraudulent activities were executed across multiple jurisdictions, with key figures now facing extradition and prosecution.