Beware of 27 new investment scams (forex and crypto)

There were as many as 27 new warnings regarding investment fraud in the first month of 2024. The messages come from countries such as Italy (CONSOB), Canada (AMF), Switzerland (FINMA), New Zealand (FMA) and Australia (ASIC) and concern illegal activities of entities from the Forex and cryptocurrency industries. Details below.

Watch out for these "brokers"!

We warn against using the services of unlicensed companies. Before opening an account, always make sure it is correct the broker has the appropriate regulations and permits at the indicated financial market supervisory institution.

Below we present a list of entities included in the warning lists divided by countries/regulators who decided on it.

Italy – CONSOB

Italian supervision CONSOB warns against three scammers. These are:

Blackridge Capital Management

• Entity name: Blackridge Capital Management Ltd

Alphascrypto

• Web page: alphascrypto.co.uk / alphascrypto.website

Fast-Mng

• Web page: fast-mng.eu

Official CONSOB warning list

Switzerland – FINMA

FINMA, the financial market regulator in Switzerland, has added two new entities to the warning list:

Wv Financial Services

• Entity name: Wv Financial Services Sa

Aiternativ

• Web page: aiternativ.com
• Entity name: Aiternativ Ltd

FINMA's official alert list

New Zealand – FMA

New Zealand's Financial Authority (FMA) has issued a notice warning against four suspicious companies:

Bronte Fx Limited

• Web page: brontefxlimited.net
• Entity name: Bronte Fx Limited

Ocean Trade

• Web page: ocean-trade.org / perfectglobaltrade.org / livetradeinvestment.com / cryptoprofitrade.com / coinminetinvest.com / cryptoprofitrade.com / cnkglobalinvestment.com / stakefunds.org / episodegrab.org / upliftfxinvest.net / coinfinancefxtrading.com / realearners.net / coinfinancefxtrading.com

Cato Assets Management

• Web page: catoassetmanagement.com

Nz Best Rates

• Web page: nzbestrates.com

Official list of FMA alerts

Australia – ASIC

Australian regulator ASIC announced that as many as 16 entities operating illegally under the guise of the asset management, forex and cryptocurrency industries have been added to the warning list. These are:

ACMA AU

• Web page: acma-au.org

JP EX

• Web page: jp-ex.io

funds invest online

• Web page: investfundsonline.com

open markets cfd

• Web page: openmarkets.cfd

CryptoNova

• Web page: cryptonovapty.pro

techberry.online

• Web page: techberry.online

bs-xchange.com

• Web page: bs-xchange.com

stkcorp.com.au

• Web page: stkcorp.com.au

smartmoneyau.com

• Web page: smartmoneyau.com

mabcredit.com

• Web page: mabcredit.com

compare-investments.net

• Web page: compare-investments.net

quantum-ai-new2.digital-invest-club.com

• Web page: quantum-ai-new2.digital-invest-club.com

client-secureaccess.com

• Web page: client-secureaccess.com

omegagoldltd.com

• Web page: omegagoldltd.com

fiatvisions.com

• Web page: fiatvisions.com

m-lith.com

• Web page: m-lith.com

Official ASIC warning list

Canada – AMF

The whole thing ends with two warnings from Canada from the local regulator AMF.

deribit

• Web page: deribit.com / deribit.us

Simplewealthfx

• Web page: simplewealthfx.com / simplewealthfx.network

Official AMF Alert List