Late November 2018, the UK Financial Conduct Authority (FCA) updated their warning on the illegal broker scheme Get Financial. According to the information on the FCA website, the broker scheme is operated by the two companies Get Financial Markets Ltd ( Saint Vincent and the Grenadines) and
Involved Payment Services Providers
Those broker schemes need cooperating payment services providers (PSP) to rip off investors. FinTelegram already pointed out several times that these PSPs have to be regarded as co-conspirators. They either intentionally support the cheating of investors or at least fail to apply proper Anti-Money-Laundering (AML) and Know-Your-Customer (KYC) procedures.
One of our FinTelegram people registered with
The bank wire should be made to a bank account of
It’s worth to take a closer look at the sender’s email address email@example.com. This domain has been registered by a guy called Georgi in Georgia. Doesn’t this ring a bell? If not, please read this FinTelegram article.
Besides the bank wire, Get Financial offers a Bitcoin payment option with the wallet address 1E7GxA5fNjdxdQT7UfsjJdccExk1W5Lhft as the
When opting for credit card payment one is finding the usual suspect Praxis Pay as PSP.
That said, it’s pretty clear that this Get Financial is just another scheme from the Israeli-Bulgarian network of illegal and unregulated broker.
If you have information on the unregistered and illegal broker scheme Get Financial we would be more than happy to receive them. Please use our whistleblower system to share your information and feedback with us: