Press "Enter" to skip to content

Posts tagged as “MXTrade”

Binary Options Legacy – The still active FSM Smart Scam and the Lau Scheme with R Capital Connections

We have covered the scam operator Armin Ordodary, a Cyprus resident since 2018. In some reports, we have analyzed for example the FSM Scam with the Upmarkt Boiler Room in Belgrade, Serbia. In some conversations, WhatsApp and Telegram communications we have received additional information. From all this information it is clear that Armin Ordodary was just a small wheel in the big Lau Scheme with the headquarters in Kiev, Ukraine. Through numerous offshore companies, the Lau Scheme has operated many broker scams. Here is an update on this vanished binary options scheme.

© 2020 Financial Intelligence Bureau Ltd