The FBI said: Fraudsters are leveraging increased fear and uncertainty during the COVID-19 pandemic to steal your money and launder it through the complex cryptocurrency ecosystem. FBI agents believe the scammers will tailor their pitch to the current situation and be looking for donations for remote workers via email, safety equipment sellers, not going through…
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US markets started climbing today after nearly two weeks with a 4% plus move in either direction during every trading session. Tesla shuts down US production. The company sank heavily in after-hours trading following the announcement that it is suspending US car production due to the pandemic. All asset classes sold as Sterling lowest since…
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INTERPOL Secretary General Jürgen Stock commented: Criminals are exploiting the fear and uncertainty created by COVID-19 to prey on innocent citizens who are only looking to protect their health and that of their loved ones. Steven Yang, marketing director at AnChain.AI, noted that some of the scams are being facilitated by cryptocurrency. His company has…
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SL Markets appeared yesterday on the New Zealand Financial Markets Authority (FMA) list of alerts and warnings. The company's website states that it uses National Cloud Service Co Limited’s financial service provider registration details. However, SL Markets is not associated with the New Zealand incorporated company National Cloud Service Co Limited. SL Markets also claims its operations are…
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IOS Investments Limited appeared yesterday on the New Zealand Financial Markets Authority (FMA) list of alerts and warnings. Complaints have been filed against the company from individual who have invested in IOS after seeing interviews with high profile New Zealand citizens stating that they invested in bitcoin with the same company. One of those high…
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North American Securities Transfer appeared yesterday on the New Zealand Financial Markets Authority (FMA) list of alerts and warnings. US Securities and Exchange Commission has issued a public warning against the company. The entity falsely claims be registered and licensed in the US. Vowfx also appears on the list of alerts as the company may…
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New Zealand Financial Markets Authority (FMA) has yesterday added one more names to its list of unregulated firms and suspected scams. The latest addition is the company Halsted Holdings Limited. Halsted Holdings Limited's trading name is Selected Markets. The company is operating via the website www.selectedmarkets.com. According to the regulator, Selected Markets could be involved…
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New Zealand Financial Markets Authority (FMA) has recently added several more names to its list of unregulated firms and suspected scams. The latest additions are the companies Tower Hill Limited, GG Trade International Ltd, Boulder Wealth GG Trade and Jinshi Global Financial Group. The regulator recommends exercising caution before dealing with these companies as it…
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The UK Financial Conduct Authority (FCA) has put out details of several unregulated firms. The names of the latest additions to the regulator’s warning list are Smart Loans UK, Rockwell Investment Management and Parker, Weismann & Associates LLC. According to the regulator, the fraudsters are using or giving out the following details as part of…
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The UK Financial Conduct Authority (FCA) has put out details of several unregulated firms. The names of the latest additions to the regulator’s warning list are Star Finance and Ouroneclub. According to the regulator, the fraudsters are using or giving out the following details as part of their tactics to scam people in the UK:…
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