Tag: Wilfred Services

FinTelegram has warned against the super-aggressive broker scam CTMatador many times, but it is still chasing victims. We have received new complaints from victims. In our review on Dec 8, 2023, no payment options have been available. Thus, it seems as if the scam is about to vanish. Several regulators have already issued warnings against CTMatador. Nevertheless, the scam is still active. If you have lost money, please get in touch with us!

FinTelegram has issued 12 warnings against the CT Matador broker scam in the last 18 months, but it is still active. As stated in the last warning in April 2023, the payment options at CT Matador are currently no longer active. Deposits can only be made via instructions from Boiler Room staff. This week, the Spanish regulator CNMV warned against CT Matador, followed by the UK FCA. Stay far away and keep your financial health. Please let us know your experience with this scam.

FinTelegram has issued 11 warnings against the CT Matador broker scam in the last 18 months but is still active. As stated in the last warning in April 2023, the payment options at CT Matador are currently no longer active. Deposits can only be made via instructions from Boiler Room staff. Today, the Spanish regulator CNMV has issued a warning against CT Matador. Stay far away and keep your financial health. Please let us know your experience with this scam.

The PandaTS white-labeled ERZINEX broker scam is allegedly operated through boiler rooms in Turkey, whistleblowers tell us. Officially, the scam is operated through TRD & MNY Company LLC registered in St. Vincent & The Grenadines and incorporated in Nov 2022. The website has been online since Jan 2021. For deposits, one must contact the account manager a/k/a boiler room agent. You should stay far away and protect your financial health!

European consumers are continuously hounded for broker scams via deceptive marketing campaigns with the promise of quick riches. For example, victims are caught for the MilleniumOne broker scam via the Elite Trader campaign. Victims registering with Elite Trader are immediately redirected to MilleniumOne's payment page. There they are asked to call the responsible account manager about the deposit. Stay far away and preserve your financial health.

We have warned against the broker scam CTMatador for several months now. Trustpilot warns against fake reviews CTMatador has used to present itself as reputable. But the scam is still online and attacking consumers. As payment processors, we discovered the notorious scam facilitators Finanic, GameChangers, ChargeMoney, and Paypound. In our today's review, none of the payment options worked. Currently, the payment system is not active; it seems like the scam is about to vanish!

The Stam Capital Invest broker scam is being promoted today by the fraudulent crypto campaign Yuan Pay Group, among others. The operator of the broker scam is allegedly St. Vincent & The Grenadines registered Shenanigans Consulting LTD, which was established in October 2021 by the notorious Wilfred Services Ltd. Customers can lose their money to the scam via credit and debit cards and cryptocurrencies. Please stay very far away, save yourself losses, and protect your financial health.

Global Legacy FX LLC was registered in St. Vincent & The Grenadines on June 16, 2022, through local agents Wilfred Services Ltd. This offshore entity is set to become the operator of the soon-to-be-opened CFD, forex & crypto broker Global Legacy FX (GLF), which is said to be part of a Legacy Investment Group. The operational offices are located in India. Currently, registrations are not yet available. From a first short review, we can see that the broker scheme is massively relying on Introducing Brokers (IB) and wants to motivate them with attractive conditions to hunt for clients.

We systematically monitor regulatory announcements and company books across the diverse global regimes. PrimeX Broker LLC was registered in St. Vincent & The Grenadines on June 23, 2022. This is the operator of the soon-to-come PrimeX Brokers. Currently, the website only announces that it is "very soon coming." The offshore entity was registered by the notorious corporate agents Wilfred Services Ltd. Stay tuned.

FinTelegram has already warned against the unauthorized offshore broker Uniglobe Markets, registered in St. Vincent & The Grenadines, several times. The broker still chases clients in North America, Europe, and Asia. As is typical for an offshore broker, it does not comply with the regulatory requirements of the FCA or ESMA and offers regulatory regimes. It offers, for example, leverage of up to 1:500. Uniglobe Markets is a member of the Financial Services Regulation Scheme (FSRS), which is not a regulator! Stay away!

FinTelegram has already drawn attention to the unauthorized offshore broker Uniglobe Markets, registered in St. Vincent & The Grenadines, in March 2022 soliciting clients in North America, Europe, and Asia. As is typical for an offshore broker, it does not comply with the regulatory requirements of the FCA or ESMA and offers regulatory regimes. It offers, for example, leverage of up to 1:500 and offers a deposit bonus scheme. You should avoid unregulated offshore brokers as you and your money are not protected.

Recently, Buxberg Ltd was registered with the FSA in St. Vincent & The Grenadines. The corporate advisors involved were the infamous Wilfred Services Ltd who have probably set up hundreds of offshore entities in SVG. Most of them for scammers. Buxberg Ltd is the operator of the unauthorized broker Buxberg, which among other things recruits clients in Europe through an affiliate system. After a first review, we are convinced that Buxberg is most likely a scam. Please stay far away and protect your money and data.