Breaking News – CySEC suspends the license of Maxiflex!
It wasn't really surprising. Recently, there had been a lot of rumors around the two CySEC-regulated investment firms Maxiflex and Maxigrid of Israeli Roy Almagor. Today, the regulator announced that the authorization of Maxiflex Ltd with license number 258/14, is suspended in whole. The CySEC justifies the suspension with the fact that Maxiflex apparently conducts or facilitates activities that are not authorized. Moreover, the company apparently does not always comply with the regulatory provisions.
Urgent warning against CoinsTrades facilitated by BridgerPay!
During the next law enforcement action day in Cyprus, agents should also visit the offices of the Israeli-Cypriot payment processor BridgerPay in Limassol. This would be a very efficient way to follow the trail of money stolen by scammers. For very many of the big scams, BridgerPay processed the payments through its cashier. So also for CoinsTrades (www.coinstrades.com) against which FinTelegram has warned several times. Today, the German BaFin announced investigations.
Sorry, too late! German BaFin investigates ROIMAX broker scam
The German regulator BaFin announced today an investment of ROIMAX broker scam (www.roimax.io). The operator is said to be the offshore entity ATRIUM Ventures Ltd, registered in the Commonwealth of Dominica. In May 2020, the UK Financial Conduct Authority (FCA) issued an investor warning against the scam that attacks customers in English and German. The scam has already been in retreat for several weeks; registrations and deposits are no longer possible for potential victims.