Tag: Solid Invest

Wellington Holdings, Solid Invest, and the huge Capital Letter scam network

BaFin Ben - September 18, 2021

It is indeed a huge scam network. Scams will typically either take offshore companies or simply invent fake companies. Only rarely, they are operated by companies in Europe as is the case with the Capital Letter scam network. Capital Letter GmbH, registered in Munich, Germany was the operator of several large scams until the end of 2020. In addition, two other companies also registered in Germany, Brunnlitz GmbH and Tokkata Software GmbH, participated in the scams. All three companies are operated by Ukrainian individuals; all received warnings from regulators.

Investor Alert! Don’t fall for YorkPro and YorkBTC broker scams

FinTelegram Ben - September 18, 2021

We had already warned about Solid Invest some time ago. There are also warnings against this broker scam from several financial market regulators. Our analyses of the scam found that YorkPro (www.yorkpro.com) and YorkBTC (www.yorkbtc.com) are directly connected to the Solid Invest scam and run on the same CRM platform. The two "York scams" work with fake reviews on Trustpilot. Deposits to the scam are possible via credit and debit card through DirectApi. Stay far away from these York Scams.

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