In January 2022, Corny Solutions LLC was established in St. Vincent & The Grenadines. This offshore company is officially the operator of scams like ApricusFX or AlfaTrade. On October 30, 2023, the Spanish regulator CNMV issued a warning against AlfaTrade and Corny Solutions. Stay far away and protect your money and private data. In our review today, it seemed that AlfaTrade is about to disappear with money stolen from its victims.
AlfaTrade Key data
| Trading names | AlfaTrade AlfaTraders |
| Related scams | ApricusFX (www.apricusfx.com) IsoTrader (www.isotrader.cc) |
| Business activity | Illegal retail brokerage |
| Domains | https://alfatraders.pro https://alfa-trade.io |
| Social media | not disclosed |
| Legal entity | Corny Solutions LLC (est. Jan 2022) |
| Jurisdiction | not disclosed |
| Payment options | Bank wire Credit/debit card |
| Payment processors | Anywires, Artello Spółka z o.o. Kryptova, Payepo |
| Warnings | CNMV, FSMA, Consob |
| Compliance Rating | Black |
AlfaTrade Narrative
Potential victims can lose their money via bank transfer deposits and credit/debit cards. The payment processor for credit/debit cards is the infamous Kryptova from Ruchi Rathor and Payopa. Both are blacklisted payment processors on PayRate42.
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If you have any information about AlgoTrust, its network, and its facilitators, please share it with us through our whistleblower system, Whistle42.
