Tag: RoyalStox

The QubePay group of companies is controlled by UK-registered Compose Finance Ltd (Companies House) which is controlled by the financial crime and security export Jacob Felix Parker-Bowles. He too is a director and person of significant control of UK-registered Fido Finance Limited d/b/a Fido Merchant Services. QubePay has been identified as a payment processor in several broker scams such as RoyalStox. We would like to learn more.

The UK regulator FCA has issued an investor warning against the scam broker RoyalStox (www.royalstox.com). This is operated by Marom Partners Limited on St. Vincent and the Grenadines. The scam is part of the Leverate and PumaTS network and connected to their Activ8 trading servers. It’s another full-blown scam from without any special features. The scam works with the payment processors Praxis Chashier and QubePay for crypto payments.