Tag: binary options fraud

titantrade binary options fraud
November 17, 2017 BY LeapRate Staff

ASIC takes further action in Allianz Metro and TitanTrade Binary Options fraud

Australia's financial regulator ASIC stated that it has sought final orders in ongoing Federal Court proceedings against a number of international and Australian companies and associated individuals that it alleges are involved in operating binary trading websites (titantrade.com and tradettn.com) and offering of binary trading services to Australian customers. In July 2016, ASIC previously successfully…

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London police raid binary options
October 19, 2017 BY LeapRate Staff

London police raid 20 Binary Options offices in 'Day of Action'

The City of London Police has disclosed that it carried out a series of coordinated raids this past Tuesday, October 17, aimed at stemming Binary Options fraud in the city. London authorities still call Binary Options fraud a "growing problem", with the police's Action Fraud stats showing that in just the first half of 2017, 697 people…

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binary options fraud
July 10, 2017 BY LeapRate Staff

CFTC video series on investment fraud to feature Binary Options scams

The U.S. Commodity Futures Trading Commission (CFTC) has launched True Fraud Stories, a video series about how cunning fraudsters have lured smart investors into fraudulent investment schemes that resulted in the loss of thousands of dollars of their savings. These real-life victims tell their stories hoping others will become educated about financial fraud and avoid…

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SFC fines
March 21, 2017 BY Valentina Kirilova

Vision Financial Partners fined more than $6.5 million in CFTC binary options fraud action

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge James I. Cohn of the U.S. District Court for the Southern District of Florida entered a Consent Order against CFTC Defendants Neil Pecker with a last-known address in Longwood, Florida and his company, Vision Financial Partners, LLC (Vision) of Deerfield Beach, who were charged…

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April 25, 2016 BY Maria Nikolova

Binary options scam watch: FCA warns against RBS Bourse

About a month after the French financial markets regulator AMF added RBS Bourse to its “Black List” of unauthorized binary options firms, the UK Financial Conduct Authority (FCA) has also issued a public warning regarding this firm. The company, which operates via www.rbsbourse.com, offers its clients to trade binary options. RBS Bourse claims to be a…

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April 22, 2016 BY Maria Nikolova

Russia's KROUFR adds Interactive Option to “Black List”

Russia’s Commission for the regulation of relations in the financial market (KROUFR) keeps updating its “Black List” of companies that exhibit characteristics of investment scams. The latest addition to the “Black List” is Interactive Option, a binary options firm registered in Cyprus. KROUFR has received numerous complaints from clients of Interactive Option regarding unfair practices concerning…

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