Tag: Tim Armstrong

WorldMarkets Scam – BaFin’s Cease and Desist Order against illegal payment processor is final

BaFin Charlene Lensburg -
The truth is, the WorldMarkets broker scam already collapsed into a Zombie. It has been active since 2019, harming tens of thousands of customers. The scam cooperated with illegal payment processors in a wide range of jurisdictions. A Cease-and-Desist Order issued by the German BaFin against the illegal payment processor FAD Berlin Consult UG just became final. Crypto partner SwiftXChange already closed down in October 2020.

Post from WorldMarkets – No facts, evidence, or reasonable explanation provided but threats offered!

Cybercrime tamir -
Yesterday we again received mail from WorldMarkets (World Markets). In it, a certain Zhang Wei accused us of unfairly...

WorldMarkets Scheme – Introducing Vice President Tim Armstrong and some more background information

Cybercrime tamir -
We would like to thank our whistleblowers for their continued support and dedication. It is them that actually bring life to our investor protection mission. Recently, one of our whistleblowers got in contact with the WorldMarkets (aka World Markets) scheme and asked a number of questions. One of the questions was who the responsible people behind WorldMarkets would be. The answer was that a certain Tim Armstrong would be responsible for the business as Vice President. In fact, a link to a corresponding LinkedIn profile was also submitted.