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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Europe's Economic Crossroads: Recession Fears and S&P Global's
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Regulation
U.S Watchdog Warns of Binary Options Related Scams
The Financial Industry Regulatory Authority says its helpline for seniors received a number of calls regarding binary options.
Monday, 26/10/2015 | 15:01 GMT
by
Avi Mizrahi
Brokers
Exclusive: City Police Suspend Base2Trade Site Due to 100 Fraud Complaints
City of London Police confirmed to Finance Magnates that they have taken action against the FX World scam-related binary options brand.
Tuesday, 06/10/2015 | 15:24 GMT
by
Avi Mizrahi
Regulation
American FX Fund CEO Sent to Jail for Running a Ponzi Scheme
Stafford Maxwell, founder of Millennium Capital, was sentenced to almost four years and ordered to pay about $1.5 million in restitution.
Thursday, 03/09/2015 | 08:05 GMT
by
Avi Mizrahi
Blogs
The Biggest Problem with Insider Trading? Getting Caught
"I'm getting tired of market participants taking short cuts and doing things that are now illegal and getting carted off to jail."
Sunday, 16/08/2015 | 10:51 GMT
by
Stephen Simonis Senior
Regulation
Financial Binary, BinaryFX and PRIME FMS on Regulators' Radar
The Spanish government agency responsible for financial regulation has warned that PRIME FMS is not authorized to provide investments services.
Monday, 10/08/2015 | 09:21 GMT
by
Avi Mizrahi
Regulation
Base2Trade Goes Offline Following Exposé on Links to FX World Scam
This could be an attempt by the alleged fraudster the City of London Police are investigating, Clint Canning, to cover his tracks.
Tuesday, 04/08/2015 | 15:09 GMT
by
Avi Mizrahi
Regulation
Black Diamond Forex Scammers Fined $76 Million
The fraudsters took over $35 Million from investors but never really traded on the FX market.
Sunday, 02/08/2015 | 09:00 GMT
by
Avi Mizrahi
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Regulation
South African Watchdog Accuses Pastor of Operating a Forex Scam
Authorities seized 138 million rand worth of property, allegedly bought with investors money, including houses, BMWs, Jaguars and more.
Sunday, 26/07/2015 | 08:43 GMT
by
Avi Mizrahi
Brokers
Exclusive: FX World CEO Fled the UK as New Alleged Fraud Base2Trade Revealed
Finance Magnates uncovers an inoperative binary options broker run by the man who the City of London Police are apparently after.
Tuesday, 21/07/2015 | 10:38 GMT
by
Avi Mizrahi
Analysis
How to Find the Best Binary Options Brokers
As an increasing number of binary options brokers enter the market, we take a look at how traders can hook on to the best ones to trade with.
Tuesday, 21/07/2015 | 09:28 GMT
by
Guest Contributors
Regulation
FXCM Seeks Arbitration in Fraudster's Revelation Forex Legal Affair
The receiver claims that the broker is trying to delay jury hearings, while FXCM has cited an arbitration clause in an agreement with the fraudster.
Thursday, 16/07/2015 | 08:34 GMT
by
Avi Mizrahi
Regulation
Promising Returns of 80%, PRIME FMS Disappears Along with Funds
The Ponzi scheme was placed on CRFIN's blacklist in June 2015, and the FCA warned of the fake "London broker" back in 2014.
Wednesday, 15/07/2015 | 17:03 GMT
by
Avi Mizrahi
Brokers
Concorde Forex Is a Clone of a Broker That Hasn't Been Launched Yet
The scam is targeting former clients of bankrupt Ukrainian broker Forex Trend, collecting customer data under the guise of a new firm.
Wednesday, 15/07/2015 | 16:16 GMT
by
Avi Mizrahi
Regulation
Belgian Watchdog Warns against Dozens of Unauthorized Brokers
Moreover, some of the entities are also clones of established firms (such as FXCM) or accused of being behind a "recovery room" fraud.
Tuesday, 07/07/2015 | 11:24 GMT
by
Avi Mizrahi
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Regulation
CommexFX and Director Fined for Misleading Cyprus Regulators
After suspending the license of CommexFX, CySEC reveals that it has fined the firm €100,000 and Abdel Rahman El Amary €30,000.
Monday, 06/07/2015 | 10:47 GMT
by
Avi Mizrahi
Regulation
SEC Goes after Adviser Who Allegedly Stole $300,000 from Mike Tyson
SFX Financial Advisory Management Enterprises specializes in providing financial management services to professional athletes
Monday, 15/06/2015 | 20:22 GMT
by
Avi Mizrahi
Regulation
CommexFX's License Suspended for Endangering Clients’ Interests
CySEC has given CommexFX Ltd fifteen day to take actions in order to comply with the Directive, ‘Safeguarding of clients’ funds’
Friday, 12/06/2015 | 11:23 GMT
by
Avi Mizrahi
Regulation
Italian Watchdog Warns Against an Unlicensed 24option Clone
FX24OPTION.com is the domain of the entity in question and the small print claims the website is owned by a BVI firm called BEE trade Ltd.
Tuesday, 09/06/2015 | 14:16 GMT
by
Avi Mizrahi
Regulation
French Watchdog Warns Against its Own Fake Clone Scam Website
Illegally using the name and logo of a regulator to gain referral commissions is a whole new level of criminal entrepreneurial audacity.
Wednesday, 22/04/2015 | 15:00 GMT
by
Avi Mizrahi
Analysis
UK-Based Binary Options Brokers Still Need a Gambling License
The gambling commission reacts after it was revealed the UK government plans to switch the authority in charge of binary options to the FCA.
Monday, 20/04/2015 | 13:58 GMT
by
Avi Mizrahi
Analysis
Breaking: Chelsea FC Partners CWM Were Target of Police Heron Tower Raid
The City police is urging anyone who has invested in CWM’s managed funds offering 5% interest per month to get in contact. The 13 arrests this month were meant to "stop what we believe was an ongoing criminality".
Wednesday, 25/03/2015 | 11:15 GMT
by
Avi Mizrahi
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Analysis
RBS Trader Pleads Guilty in Bank's Multimillion-Dollar Fraud Case
As part of the scheme, Matthew Katke and his co-conspirators made misrepresentations to induce buying customers to pay inflated prices and selling customers to accept deflated prices for bonds, all to benefit RBS.
Thursday, 12/03/2015 | 10:19 GMT
by
Avi Mizrahi
Regulation
UK Serious Fraud Office Investigates "Ethical" Investment Company
This past week the SFO carried out two search warrants in Hertfordshire. It is asking anyone who invested in either Global Forestry Investments or Global Forex Investments to complete a questionnaire on the SFO website.
Sunday, 01/03/2015 | 09:53 GMT
by
Kenny Mariasin
Regulation
UK Watchdog Warns about Ftradition, a Suspected Seychelles Clone
The regulator says FTradition is passing itself off as a member of the Tradition Group which is an international firm of brokers that is FCA authorised.
Wednesday, 25/02/2015 | 15:38 GMT
by
Avi Mizrahi
Brokers
IronFX Chinese Traders Storm Offices Demanding Money Back
The latest protest has reportedly erupted after a trader threatened an executive at knifepoint. IronFX: "Any purported 'complaints' are defamatory and may be linked with rumors about the company's IPO."
Monday, 12/01/2015 | 11:11 GMT
by
Avi Mizrahi
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