
The Latvian Racket! What’s this cybercrime organization’s status?
In Sept 2021, the Spanish CNMV issued an investor warning against the meanwhile vanished Morgan FX Capital (www.morganfxcapital.com) broker scam; the Italian Consob issued a black-out order a few days ago. UK-registered Preqster Ltd, which used to operate other vanished scams such as Pips500 or Preqster FX, was the operator. It was controlled by the Latvian citizen Sergejs Vasiljevs and was one of the many legal entities of the so-called Latvian Racket. This entity was dissolved, and its scams vanished. We want to learn more.