Attention! Offshore brokers NewFX and DB Investing still attacking European victims
On 9 August 2021, the Spanish regulator CNMV issued an investor warning against the unauthorized broker NewFX. The scam's website provides different legal entities as the operators: NEWFX Limited and Big Horizons Limited. The CNMV has additionally identified DBFX Limited, which also operates the DBFX Trades, which the Italian Consob blocked in October 2020. NewFX is part of the Capital Solutions group of Gennaro Lanzer. Praxis Cashier has facilitated this group of scams, as we established in today's review.