A group of cheaters from Ukraine included [Brokers Trade12 and HQBroker]

A criminal group operating under the guise of Forex brokers shattered in Ukraine. HQBroker and Trade12 companies with offices in Kiev, Zaporizhia, Mariupol, Kharkov and Dnipropetrovsk embezzled money of their clients. However, there was no specific amount in the communication.

9 people arrested

Ukrainian police carried out an organized action, which resulted in 26 searched offices and real estate, 200 security of phones, computer hardware and data disks, documents confirming criminal activities in the form of invoices, transfers confirmations and personal data of clients. 9 was detained, including 34-latek from Kiev, who was the head of the enterprise.

Trade12 and HQBroker

Criminals acted under these brands, which, at least according to information posted on their websites, are registered in the Marshall Islands. Interestingly, the pages of both brokers are still functioning normally, despite the fact that companies have been on the list of warnings from the British FCA regulator for some time.

How did the fraudsters act? Ukrainian "sucker hunters" have gone a step further in relation to those who were detained in Poland. 5 of various companies was used for fraud, and the procedure was based, among others, on on interception of invested deposits by breaking into the computers of their victims using specialized software. The next step was to withdraw funds from the account, without making any transactions on the market.