HyperFund has received a securities fraud warning from the UK’s Financial Conduct Authority. HyperFund is part of HyperTech, owned by Ryan Xu. As per the FCA’s March 23rd HyperFund warning; We believe this firm has been providing financial services or products in the UK without our authorisation. Almost all firms […]
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CashFX Group securities fraud warning from New Zealand
CashFX Group has received a securities fraud warning from New Zealand’s Financial Markets Authority (FMA). By adding CashFX Group to its list of warnings and alerts, the FMA confirms the company is not licensed to offer securities in New Zealand. Securities fraud is illegal in New Zealand. Accordingly the FMA […]
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Be Rules launched after Canadian fraud warning
Late last month I was engaged with a reader pretending retail customers had interest in Be’s apps. At the time I noted Be had changed their website domain from “befactor.com” to “berules.com”. Considering the Be reboot of Melius was not that old itself, I flagged this as a strange. MLM […]
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CopyProTraders Review: Crypto trading securities fraud
CopyProTraders provides no information on its website about who owns or runs the company. CopyProTraders’ website domain (“copyprotraders.com”) was privately registered on October 17th, 2020. Further research reveals CopyProTraders affiliates citing Antione McBay as founder of the company: Rather than just be upfront about company ownership, on LinkedIn McBay refers […]
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WBT & BCT token securities fraud
Blockchain Capital operates in the cryptocurrency MLM niche. The company provides a corporate address in St. Vincent and the Grenadines on its website. The address belongs to Wilfred International Services, who provide “International Business Formation” (shell companies) and a virtual office address service. Needless to say Blockchain Capital exists in […]
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QubitLife added to Malaysia’s investor alert list (securities fraud)
As a result of ongoing securities fraud violations QubitLife, formerly QubitTech, has been added to Malaysia’s investor alert list. We’re a bit late on this one as Malaysia’s securities commission added QubitTech late last year. As per the Securities Commission’s listing, QubitLife (then QubitTech) operates illegally by “carrying out unlicensed […]
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QubitLife securities fraud warning issued in Bahamas
QubitLife, formerly QubitTech, has received a securities fraud notice from the Securities Commission of the Bahamas. As per the the SCB’s 19th March notice; It has come to the attention of the Commission that an entity referred to as QUBITTECH may be conducting activities that are either registrable/licensable or illegal […]
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Wiseling securities fraud notice issued in Bahamas
Wiseling has received a securities fraud notice from the Securities Commission of the Bahamas. It should be noted what the Wiseling collapsed last month. The Ponzi scheme’s CEO, Matias Lappo, has been outed as an actor from St. Petersburg. As per the SCB’s 19th March notice; It has come to […]
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Karatbars securities fraud notice issued in Bahamas
Karatbars International has received a securities fraud notice from the Securities Commission of the Bahamas. As per the SCB’s 19th March notice; It has come to the attention of the Commission that entities referred to as KARATBARS INTERNATIONAL GmbH, KARATBARS INTERNATIONAL, KARATBIT FOUNDATION, KARATBARS BAHAMAS, KARATBIT may be conducting activities […]
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Liyeplimal & CHY Mall fraud warnings issued in West Africa
Liyeplimal and CHY Mall have come under fire by the Le Conseil Régional de l’Epargne Publique et des Marchés Financiers (CREPMF). According to CREPMF, Liyeplimal and CHY Mall are “unauthorized actors … collecting irregular funds from the public” in the region. CREPMF has flagged Liyeplimal and CHY Mall as “investment […]