Goldman Sachs Wannabes Flagged by CONSOB as Potential Scam
- The Italian regulator also flagged a firm pretending to represent an FCA-approved company
It's another day of life here on planet earth, and that means there's going to be scammers out there in the ether attempting to steal money from poor, hard-working men and women from across the globe.
This Monday, it was CONSOB, the Italian regulator, that took to the world wide web to issue advice against trading with a number of different firms offering foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term and cryptocurrency trading.
The first is called First BTC FX. Along with a Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term-loving, MetaTrader-offering, get-rich-quick-marketing website, the firm also says that it is a subsidiary of a securities dealer called First Global UK.
As you can probably imagine, First BTC FX is not actually a subsidiary of First Global UK. Instead, the scammers running the website are using the dealer's Companies House number to lend themselves a degree of sophistication.
Definitely not Goldman Sachs
Next, we have Goldman CFD which, though it says it is not trying to do so, is clearly attempting to imitate Goldman Sachs. The firm's website is the classic scam setup.
There is no contact number, no meaningful email address and no indication as to who is actually running the company. All we have is an address for some industrial site in Bulgaria's sixth-largest city, Stara Zagora.
Last but not least, we have WinCapitalPro. A broker based in the Marshall Islands, a country widely known for its wonderful financial services industry, WinCapitalPro also runs the typical scam brokerage scheme.
Head to the "About Us" page, and you will find nothing about the people who run the brokerage. As our loyal readers will recall, the last time police unmasked a Marshall Islands-based broker they turned out to be a bunch of Ukrainians operating out of Kiev and a number of other cities in the Eastern European country.
Our advice - don't trade with any of the above.
It's another day of life here on planet earth, and that means there's going to be scammers out there in the ether attempting to steal money from poor, hard-working men and women from across the globe.
This Monday, it was CONSOB, the Italian regulator, that took to the world wide web to issue advice against trading with a number of different firms offering foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term and cryptocurrency trading.
The first is called First BTC FX. Along with a Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term-loving, MetaTrader-offering, get-rich-quick-marketing website, the firm also says that it is a subsidiary of a securities dealer called First Global UK.
As you can probably imagine, First BTC FX is not actually a subsidiary of First Global UK. Instead, the scammers running the website are using the dealer's Companies House number to lend themselves a degree of sophistication.
Definitely not Goldman Sachs
Next, we have Goldman CFD which, though it says it is not trying to do so, is clearly attempting to imitate Goldman Sachs. The firm's website is the classic scam setup.
There is no contact number, no meaningful email address and no indication as to who is actually running the company. All we have is an address for some industrial site in Bulgaria's sixth-largest city, Stara Zagora.
Last but not least, we have WinCapitalPro. A broker based in the Marshall Islands, a country widely known for its wonderful financial services industry, WinCapitalPro also runs the typical scam brokerage scheme.
Head to the "About Us" page, and you will find nothing about the people who run the brokerage. As our loyal readers will recall, the last time police unmasked a Marshall Islands-based broker they turned out to be a bunch of Ukrainians operating out of Kiev and a number of other cities in the Eastern European country.
Our advice - don't trade with any of the above.