The Italian Consob has this week again ordered the blackout of the websites of five illegally operating financial service providers. Among the blacked out is the scam broker Zurich Invests allegedly operated by BENELUXZURICH, KB ATM MANAGEMENT, Zurich Invests Ltd, and/or ZH COMPANIES BNK Ltd, registered in the UK. As payment processors, we have discovered Praxis Cashier and the Estonian MisterBit. The latter is apparently also registered with Praxis Cashier as a merchant receiving the credit and debit card payments on behalf of the Zurich Invests scam.
In the UK Companies House, ZH COMPANIES BNK Ltd was registered in August 2020. The Latvian Sergejs Iljins, born in April 1984, is registered as the director and beneficial owner. He is most likely a nominee director and trustee for the ultimate beneficial owners. But that’s just an educated guess.
We have already discovered Estonian MisterBit as a payment processor in the BeforexCapital (www.beforexcapital.com) scam. Read this FinTelegram report here. Estonian Futurus X OÜ, which operates the crypto exchange MisterBit aka MrBit (www.misterbit.net) with a worthless crypto license. Ivan Abramov and Christiano Chiarugi are the registered directors of the Estonian operator. MisterBit is integrated into Praxis Cashier.