Tag: Sand.Cheap

The German regulator BaFin has announced investigations against the scam broker Soloprime (https://soloprime.co), which attacks English, Italian, and German consumers. The website does not provide information about the operators or the competent jurisdiction. However, we are sure that the Cypriot-Israeli high-risk payment processor BridgerPay has this information. The VISA merchant service provider supports the scam with API and card processing services.

The UK FCA issued an investor warning against JetCapital. The alleged operator is Lore Tech Solutions LLC, registered in St. Vincent & The Grenadines. The scam attacks victims in English, German, Russian and Polish. Victims can lose their money via credit and debit card deposits, whereby we have discovered Sand.Cheap cashier and PayTechno as payment processors. Stay very far away from this and any other broker that works with unregulated offshore entities.