Gooooood Morning BaFin! Another Cease-and-Desist order against a dissolved company
Almo Markets VIP GmbH accepted funds from private persons on its bank accounts for the sole purpose of transferring these funds to offshore companies operating FX, CFD, and crypto scams. Among these scams facilitated by Almo Markets VIP have been 53capitaltrade, YesOption. YesTrading, TradeGBP, TradeDAX as well as Coinbrokerz. Almo Markets VIP vanished. As did all the scam sites. And with them the money. BaFin missed some time, we guess!