The UK Watchdog Financial Conduct Authority (FCA) has issued an investor warning against the broker scam of the Profits Trade (www.profitstrade.com). According to information on the scam’s website, it is operated by the company ProfitsTrade Ltd in Dominica. Deposits are processed via Klarna and LeaderPay. The broker scams are really bad for small investors and consumers. But worse, much worse are the facilitating payment processors that make fraud possible in the first place.
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The Unraveling of Rabidi and the Rise of the SoftSwiss Network: Our Updated Forensic Report
A few months ago, FinTelegram released a first forensic report on the bankruptcy of Rabidi N.V., a Curacao-registered online casino operator with hundreds of millions in revenues — and no traceable assets by the time of its collapse in May 2024. That report already raised serious questions about the opaque structures behind Rabidi’s operations and its successor, Liernin Enterprises Ltd.
