ADVERTISEMENT
Market news, analysis & forecast powered by
Preview Mode
News
Retail FX
Institutional FX
Fintech
Payments
Cryptocurrency
Executives
Thought Leadership
FMTV
Trending
Education
Forex Education
Cryptocurrency Education
Fintech Education
Industry Terms
Directory
Events
Intelligence
Quarterly Intelligence Reports
Annual Subscription
Custom Reports
What are you looking for?
What are you looking for?
Subscribe to our News & Services
All News
Retail FX
Institutional FX
Fintech
Payments
Cryptocurrency
Executives
Thought Leadership
FMTV
Trending
Education
Forex Education
Cryptocurrency Education
Fintech Education
Industry Terms
Directory
Events
Intelligence
Quarterly Intelligence Reports
Annual Subscription
Custom Reports
About Us
Contact us
Terms of Use
Privacy
Market News
by
Subscribe to our News & Services
FM ALL News
FM Crypto
Follow us on Twitter
Follow us on Linkedin
FM Home
>
Scam
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
UF AWARDS MEA 2025: Voting Now Open!
Thought Leadership
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
UF AWARDS MEA 2025: Voting Now Open!
Thought Leadership
ADVERTISEMENT
Scam
Search for a tag
Technology
Law Enforcement Exposes Forex Scam in the Republic of Moldova
2018-10-29T09:22:51.000+02:00
Five people from the Republic of Moldova, Ukraine, and Israel have been detained in connection to the scam.
M
o
n
d
a
y
,
2
9
/
1
0
/
2
0
1
8
|
0
7
:
2
2
G
M
T
by
Celeste Skinner
Regulation
CySEC Warns Against Trading Provider Boom Xchange
2018-10-26T14:57:26.000+02:00
The company is falsely claiming to be affiliated with Lead Capital Markets Ltd, a Cyprus investment firm.
F
r
i
d
a
y
,
2
6
/
1
0
/
2
0
1
8
|
1
2
:
5
7
G
M
T
by
Celeste Skinner
Brokers
Suckers Never Die, Neither Do Scams: The New Tactics of Binary Firms
2018-10-04T10:45:37.000+02:00
Binary options scams continue plaguing the web despite regulatory and Google Ads bans.
T
h
u
r
s
d
a
y
,
0
4
/
1
0
/
2
0
1
8
|
0
8
:
4
5
G
M
T
by
Victor Golovtchenko
News
The Oldest Trick in the Book: Why Crypto 'Boiler Room Scams' Are so Effective
2018-09-21T08:39:05.000+02:00
The unregulated nature of the cryptosphere has left the door wide open to boiler room scams - until now.
F
r
i
d
a
y
,
2
1
/
0
9
/
2
0
1
8
|
0
6
:
3
9
G
M
T
by
Rachel McIntosh
ADVERTISEMENT
News
Location, Location: Crypto Companies With Non-Existent HQs & What that Means
2018-09-19T08:07:33.000+02:00
A number of cryptocurrency companies don't have actual offices where their HQ is listed.
W
e
d
n
e
s
d
a
y
,
1
9
/
0
9
/
2
0
1
8
|
0
6
:
0
7
G
M
T
by
Rachel McIntosh
Regulation
Leader of $3.6 Million Boiler Room Scam Sentenced to 11 Years' Imprisonment
2018-09-17T12:02:34.000+02:00
In a separate prosecution, Michael Nascimento was sentenced to an additional two years, making his total sentence 13 years
M
o
n
d
a
y
,
1
7
/
0
9
/
2
0
1
8
|
1
0
:
0
2
G
M
T
by
Celeste Skinner
News
Busted: Texas Man Gets 2 Years in Prison for $9 Million Crypto Ponzi Scheme
2018-09-14T09:01:26.000+02:00
Homero Joshua Garza ran four fraudulent crypto mining companies.
F
r
i
d
a
y
,
1
4
/
0
9
/
2
0
1
8
|
0
7
:
0
1
G
M
T
by
Rachel McIntosh
Regulation
Clone Firm Impersonates Interdealer Broker Tullett Prebon to Scam Investors
2018-09-05T10:18:03.000+02:00
The broker was alerted to the scammers by the Financial Conduct Authority on Monday.
W
e
d
n
e
s
d
a
y
,
0
5
/
0
9
/
2
0
1
8
|
0
8
:
1
8
G
M
T
by
Celeste Skinner
ADVERTISEMENT
News
Proceeds of Thai Bitcoin Scam Went to At Least Ten People and Three Banks
2018-08-16T13:06:35.000+02:00
Among the suspects are a Thai move star and his sister, who both blame their older brother, who has fled to the US.
T
h
u
r
s
d
a
y
,
1
6
/
0
8
/
2
0
1
8
|
1
1
:
0
6
G
M
T
by
Simon Golstein
News
'Sim-Swapper' Arrested After Stealing from Guests at Cryptocurrency Event
2018-08-01T11:02:24.000+02:00
Prolific scam artist Joel Ortiz was arrested at the airport carrying a Gucci bag.
W
e
d
n
e
s
d
a
y
,
0
1
/
0
8
/
2
0
1
8
|
0
9
:
0
2
G
M
T
by
Simon Golstein
News
Firm Openly Runs Pyramid Scheme and Exit Scam, Makes Millions Anyway
2018-07-24T12:42:32.000+02:00
The self-proclaimed "psychology social experiment in greed" is doing great business.
T
u
e
s
d
a
y
,
2
4
/
0
7
/
2
0
1
8
|
1
0
:
4
2
G
M
T
by
Simon Golstein
News
Founder Behind Plexcoin ICO Scam Ordered to Hand Over $3 Million in BTC
2018-07-24T10:31:55.000+02:00
The Autorité des marchés financiers demands that Dominic Lacroix surrender the fraudulent ICO's funds.
T
u
e
s
d
a
y
,
2
4
/
0
7
/
2
0
1
8
|
0
8
:
3
1
G
M
T
by
Rachel McIntosh
ADVERTISEMENT
Regulation
New Zealand’s FMA Flags Prosperous International Limited
2018-07-20T11:08:20.000+02:00
The regulator has published a warning on its website for Prosperous International Limited.
F
r
i
d
a
y
,
2
0
/
0
7
/
2
0
1
8
|
0
9
:
0
8
G
M
T
by
Celeste Skinner
Regulation
Belize’s IFSC Issues Five Warnings Against Unlicensed Entities
2018-07-13T10:37:31.000+02:00
The regulator has warned that all companies are using fraudulent licence numbers to trick investors.
F
r
i
d
a
y
,
1
3
/
0
7
/
2
0
1
8
|
0
8
:
3
7
G
M
T
by
Celeste Skinner
Regulation
XTB Warns of Scammers Representing Brokerage in Saudi Arabia
2018-07-10T12:14:57.000+02:00
XTB Ltd maintains no format partnership with any 3rd party company in Saudi Arabia or the Middle East
T
u
e
s
d
a
y
,
1
0
/
0
7
/
2
0
1
8
|
1
0
:
1
4
G
M
T
by
Jeff Patterson
Regulation
British Columbia Regulator Blacklists Capital Currency Trade
2018-07-04T13:27:56.000+02:00
The watchdog warns the company is not registered to trade or advise on securities or exchange contracts in British Columbia.
W
e
d
n
e
s
d
a
y
,
0
4
/
0
7
/
2
0
1
8
|
1
1
:
2
7
G
M
T
by
Celeste Skinner
ADVERTISEMENT
Trading
Cryptocurrency Exchange GMO Coin Warns Users of Phishing Scams
2018-06-29T18:54:15.000+02:00
The users are being sent emails that appear to be from GMO Coin, but are in fact from scammers
F
r
i
d
a
y
,
2
9
/
0
6
/
2
0
1
8
|
1
6
:
5
4
G
M
T
by
Aziz Abdel-Qader
Regulation
France's AMF Warns Against Regulatory Impostor, Stéphane Delaplace
2018-06-28T12:22:07.000+02:00
Stéphane Delaplace has been falsely presenting himself as the Head of the “AMF Regulation Center"
T
h
u
r
s
d
a
y
,
2
8
/
0
6
/
2
0
1
8
|
1
0
:
2
2
G
M
T
by
Jeff Patterson
News
Dirty Money: An Inside Look at Crypto Pump-and-Dump Schemes
2018-06-28T11:48:24.000+02:00
Pump and dump schemes continue to populate the cryptosphere. Let's take an inside look at how they work.
T
h
u
r
s
d
a
y
,
2
8
/
0
6
/
2
0
1
8
|
0
9
:
4
8
G
M
T
by
Rachel McIntosh
News
Belgian Watchdog Adds 8 to List of Suspicious Cryptocurrency Firms
2018-06-21T14:36:29.000+02:00
50 such companies are now listed on the Financial Services and Markets Authority warning page.
T
h
u
r
s
d
a
y
,
2
1
/
0
6
/
2
0
1
8
|
1
2
:
3
6
G
M
T
by
Simon Golstein
ADVERTISEMENT
News
Community Rejects Bitcoin Manipulation Study, Bitcoin in Slight Recovery
2018-06-14T15:02:59.000+02:00
Some feel that the fact that the paper wasn't peer reviewed is very clear.
T
h
u
r
s
d
a
y
,
1
4
/
0
6
/
2
0
1
8
|
1
3
:
0
2
G
M
T
by
Simon Golstein
News
Thieves Stole Crypto Worth $1.1 Billion So Far in 2018 - And it Was Easy
2018-06-08T11:47:11.000+02:00
Anyone with the know-how can buy a piece of malware off the deep web and start stealing crypto.
F
r
i
d
a
y
,
0
8
/
0
6
/
2
0
1
8
|
0
9
:
4
7
G
M
T
by
Rachel McIntosh
News
Another ICO Exit Scam? BlockBroker.me Disappears
2018-06-06T11:45:30.000+02:00
The BlockBroker.me website is down for "maintenance" after months of suspicious activity.
W
e
d
n
e
s
d
a
y
,
0
6
/
0
6
/
2
0
1
8
|
0
9
:
4
5
G
M
T
by
Rachel McIntosh
Education Center
5 Kinds of Crypto Scams (and How to Avoid Them)
2018-05-22T09:35:31.000+02:00
A look at the most common crypto cons and how to avoid them.
T
u
e
s
d
a
y
,
2
2
/
0
5
/
2
0
1
8
|
0
7
:
3
5
G
M
T
by
Bogdan Kagan
ADVERTISEMENT
Regulation
Brits Beware: Scammers Pretend to Be Authorized Finance Firm in Latest Scam
2018-04-26T11:55:31.000+02:00
Scammers are utilizing details of authorized firms to try to persuade clients they are a legit provider of financial services
T
h
u
r
s
d
a
y
,
2
6
/
0
4
/
2
0
1
8
|
0
9
:
5
5
G
M
T
by
Bogdan Kagan
See more
Next
Previous
ADVERTISEMENT
ADVERTISEMENT
!
"
#
$
%
&
'
(
)
*
+
,
-
.
/
0
1
2
3
4
5
6
7
8
9
:
;
<
=
>
?
@
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
[
\
]
^
_
`
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
x
y
z
{
|
}
!
"
#
$
%
&
'
(
)
*
+
,
-
.
/
0
1
2
3
4
5
6
7
8
9
:
;
<
=
>
?
@
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
[
\
]
^
_
`
a
b
c
d
e
f
g
h
i
j
k
l
m
n
o
p
q
r
s
t
u
v
w
x
y
z
{
|
}