CONSOB Blacklists 11 Websites for Operating without Authorisation The Italian regulator has ordered the 11 websites to be blacked out.
Bank of Namibia: Online FX Trading Is Not Prohibited The statement comes as victims of an FX scam protest their money being withheld.
Pepperstone Warns Clients of Data Breach as Fraudsters Impersonate Broker Fraudsters are reaching out to Pepperstone clients, asking them to transfer their client funds.
CONSOB Orders Five Websites Belonging to Scams to be Blocked The regulator claims the websites are offering financial services illegally.
ACCC: Aussies Lost US$21.6M to Investment Scams in H1 2020 This loss is based on 3,325 reports made to the authority.
FMA Calls Out Forex Insiders as Potential Scam The company is not authorised to offer its services within New Zealand.
Texas Securities Regulator Accuses Mirror Trading of Fraud In particular, Commissioner Travis J. Iles claims the company is a multilevel marketing scheme.
Russell Maher of FBL Sentenced to 3 Years Imprisonment Maher pleaded guilty to the fraud charges brought by the Serious Fraud Office of New Zealand.
CFTC Files for Certificates of Default Against LaMarco and GDLogix According to the court document, LaMarco and GDLogix have not answered the CFTC’s complaint.
ASIC Reports 20% Uptick in Investment Scams During COVID-19 The regulator received 20% more reports of misconduct from March to May of 2020 year-on-year.
US District Court Orders Eyal Alper to Pay $352,901 for FX Scam Alper has been charged by the CFTC for committing a fraudulent foreign exchange scheme.
Securities Commission of Malaysia: Clone Scams are on The Rise A number of licensed entities have lodged reports claiming their identities have been cloned.
Texas Regulator Strikes FX Trader with Cease and Desist Order Ramos pooled money from investors with the promise that it would “profit off the coronavirus with forex.”
Britons Warned to Watch out for Instagram FX Scams While these bogus profiles advertise get-rich-quick schemes, they do not even have a website and operate solely on social ...
FCA Receives 69 FX Market Manipulation Reports in 2019 The most reports received were for equity-related transactions.
SL Markets May Be Operating a Scam, New Zealand’s FMA Warns The entity claims to be authorized in the country, when, in fact, it is not.
FCA Flags Tradixa and Bitcoinmarketscap as Unauthorized The entities both claim to offer foreign exchange trading.
Austria’s FMA Warns Against BIC Asset Management The entity is not authorised to offer its services in the country.
FCA Flags EEA Clone Firm Advisory Broker Services The entity claims to be specialist fixed income advisors and brokers.
Germany’s BaFin Alerts Residents to Nexo – Group The entity has been operating in Germany without the proper authorization.