Tag: Weltex

BaFin And FMA Follow FinTelegram And Investigate Broker Scam Weltex!

BaFin Charlene Lensburg - June 21, 2022

In early May 2022, FinTelegram published a warning against the broker scam Weltex. Today, the German regulator BaFin announces investigations into the scam, which is chasing victims with fraudulent marketing campaigns in English, Spanish, and German languages. For this purpose, the scammers and their marketing companies are once again placing Google Ads. We do not understand why Google still accepts such scam ads. The Austrian regulator FMA issued a warning against Weltex a few days ago. Stay Far Away, keep your money safe!

Urgent warning against Weltex broker scam promoted via Google Ads!

Illegal Broker Activities Ben - May 4, 2022

Today the broker scam Weltex is hunting for victims with fraudulent marketing campaigns in English, Spanish, and German languages. For this purpose, the scammers and their marketing companies are once again placing Google Ads. We do not understand why Google still accepts such scam ads. Specifically, today we came directly to the payment page of Weltex via the alleged review page TechmarketingKoala and the Bitcoin Revolution campaign. Stay Far Away.

FinTelegram is a cyberfinance intelligence and compliance platform investigating financial crime, regulatory violations, and the rails, entities, and ecosystems that facilitate them. Combining investigative journalism, whistleblower intelligence, and forensic compliance analysis, we map risk across payments, banking, crypto, and offshore structures to support transparency, accountability, and informed action.

Disclaimer: FinTelegram is an independent intelligence and compliance platform and does not provide investment, legal, or financial advice. Content published on this website, including references and links to third-party sources, is provided for informational, contextual, and educational purposes only and does not constitute a recommendation, endorsement, or solicitation. Readers must make their own independent assessment and obtain professional advice where appropriate. Past events and referenced materials are not a track record and should not be relied upon as an indicator of future results.