Category: CMVM

Merry Xmas FinTelegramC
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February 21, 2022

Compliance Issue! FCA-regulated TIOmarkets and its offshore broker activities!

CNMV and Consob have already issued warnings against the offshore broker scam TIOmarkets. TIO Markets Ltd, registered in St. Vincent & The Grenadines, allegedly runs the fraud. The offshore entity claimed to be related to UK-registered TIO Markets, a financial institution regulated by the FCA. TIOmarkets is again chasing after new victims and fresh funds, offering a 50% discount on the required deposit for opening a VIP
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Scam broker network Axis Solutions and KBS Capital MarketsI
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February 15, 2022

Investor warning against TopCapital24, SwissFXM, and Axis Solutions!

As reported by FinTelegram, the German BaFin announced an investigation into the broker scam operator Axis Solutions Ltd and its Swiss24 scam. Axis Solutions is also operating other scams like RoyalTradeFX or AxisTrading. The scams already vanished but TopCapital24 (https://topcapital24.com) and SwissFXM are the next ones attacking European consumers. The Spanish CNMV issued a warning against this latest white-label broker scam facilitated by the notorious payment processor Paypound. It is a huge network of scam brands and boiler rooms!
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CNMV warningsA
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December 7, 2021

Attention! CNMV issues seven new investor warnings!

The Spanish regulator CNMV has issued seven new investor warnings this morning. Along with the UK FCA and Italy's Consob, the Spanish regulator is among the busiest in Europe in giving alerts. Included in today's warning are five clones of regulated financial institutions, as well as two scam brokers Standpoint Finance (www.standpointfinance.com) and Kapital-Trade (www.kapital-trade.com). The CNMV's warnings are listed below.
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