Several members of the fraud ring have been arrested, but the black platform Asset Legacy continues to defraud

Namwandi was not the only member of Asset Legacy Investment to be charged in October 2019. Two other members of Asset Legacy Investment, Michael Amushelelo and Gregorie Cloete, were arrested. According to court records cited by the media, S $17.5 million

Germany\'s BaFin has launched an investigation into the unauthorised entity Ethereal Group LLC

Companies that conduct banking or provide financial services in Germany need to be authorised under the KWG. However, some companies are operating illegally without authorization. Investors can use BaFin\'s company database to determine whether a particul

Target Wealth has paid €30,000 to settle with CySEC

The regulator did not specify how Target Wealth violated the law, but said: "More specifically, the investigation that resulted in the settlement involved assessing the company\'s compliance in March 2022, in which: 1. The provisions of article 10(1)

Eight million dollars stolen! Crypto wallet BitKeep has been hacked for the second time since October

BitKeep, a multi-chain decentralized crypto wallet based in Singapore, suffered a hack in October, losing $1 million when a hacker gained access to vulnerable smart contracts. In this hack, about $8 million was stolen from BitKeep. Some Twitter users conf

Two men have been arrested by Hong Kong police in connection with the AAX encryption scam

Hong Kong\'s Commercial Crime Bureau on Friday arrested two men (both Hong Kong natives) suspected of involvement in the Atom Asset Exchange (AAX) digital asset fraud scam, according to the police. The two men, aged 37 and 44, were arrested on Friday, Dec

Photos are widely used in Internet scams and they have to be clarified everywhere

She also responded to the man who accused her: "Don\'t make your problems my problems. My account was verified on social media. I\'ve also filed complaints about all the fake accounts. I don\'t cheat money, I don\'t do bitcoin, I don\'t do forex, I d

$4 billion fraud! The founder of OneCoin pleaded guilty and faces 60 years in prison

OneCoin, a Bulgarian company co-founded by Greenwood with "crypto queen" Ruja Ignatova, sells a cryptocurrency of the same name. Emails between the two men, obtained by the U.S. Justice Department before Bitcoin was founded in 2014, found that t

SVS Securities Bankruptcy Progress: Asset distribution will end in early 2023

Insolvency broker SVS Securities has issued a notice that Leonard Curtis, the joint special administrator for insolvency, plans to petition the court to end the administration of SVS Securities in early 2023. According to the statement, Leonard Curtis bel

Jiaye global guarantee income to deceive customers, two loans into the gold loss of more than 100,000

According to Huiyou\'s description, it was pulled into a "Cheetah team" group by netizens, which claimed that the gold of 10,000 US dollars could participate in the capital and interest guaranteed activities, enjoy the teacher\'s one belt single

Foreign media: SVS Securities has collapsed is expected to make a statement on August 5

The market eventually needs more liquidity to get out of it. Times are already tough, and the failure of SVS again makes them worse. We need to wait for official confirmation from SVS, but this will obviously affect client assets. The Beaufort bankruptcy

Why the collapse of SVSFX could cost mining companies £200,000

Kodal Minerals PLC said on Monday it may not be able to recover £200,000 from SVS Securities PLC. In July, Kodal Minerals struck a deal with SVS to subscribe for 250m shares for £200,000, but last Monday SVS went into administration. The placement in whic

Police uncover Phnom Penh international fraud ring inside exposure

After receiving Mr. He\'s alarm, the Criminal Investigation Bureau of the city Public Security Bureau will set up a task force together with Jiangning Branch to deploy talented forces to the case. After 3 months of investigation and analysis, the police p

hksvf pretending to be a regulator has been warned by the FCA FX110 has been exposed earlier

The platform claims to be regulated by ASIC238349 in Australia on the Chinese interface and CySEC103/09 in Cyprus on the English interface. In addition, tickmill\'s company name appears at the bottom of its English page, claiming to be regulated by ASIC42

The fake Moneta Markets is a bit of a dragnet, claiming to be aimed specifically at Chinese investors

According to Huiyou description, he was lured into the Moneta Markets platform by a netizen (later confirmed to be a fake), all the way down the trading felt quite smooth, the account also made a profit, but when he wanted to withdraw money, it was diffic

The head of EverFX, a Cypriot broker, has been detained in connection with a multi-billion euro fraud.

On Friday (December 16), Spanish police announced that a key figure in Spain, Pablo AM, 33, was arrested at Barcelona airport on the 14th in connection with an international cryptocurrency scam that is said to have defrauded tens of thousands of investors