Request For Information – FSM Smart, Armin Ordodary, And Lau Global Services Corp
In the age of binary options and CFDs, vast global forex scam schemes emerged. Many of them started out between 2010 and 2012 with the peak time in or around 2015. It took lawmakers and regulators some time to identify…
Investor Warning – Illegal Broker FSM Smart With New Domain
A few weeks ago FinTelegram issued a request for information regarding the illegal broker platform FSM Smart (www.fsmsmart.com) and received interesting information. Shortly after the FinTelegram report and our queries, the operators have switched their domain. That’s the usual way…
Request For Information – FSM Smart And Armin Ordodary
At the beginning of March 2017, FinTelegram published a request for information concerning the broker scam FSM Smart and the operator Armin Ordodary. In fact, we did get some valuable information. We had communication with insiders and they assured us…
Binary Options Legacy – The still active FSM Smart Scam and the Lau Scheme with R Capital Connections
We have covered the scam operator Armin Ordodary, a Cyprus resident since 2018. In some reports, we have analyzed for example the FSM Scam with the Upmarkt Boiler Room in Belgrade, Serbia. In some conversations, WhatsApp and Telegram communications we…
Armin Ordodary – Funny copyright infringement claims against FinTelegram!
FinTelegram has already reported a few times that scammers often claim that FinTelegram has committed copyright infringement in the warnings and reports. For this purpose, the scammers take text elements and images from FinTelegram and post them backdated on some…
Update on Armin Ordodary and his desperate defense activities!
FinTelegram has recently brought a report about the notorious boiler room operator Armin Ordodary. His boiler rooms in Belgrade are facilitating huge scams and illegal activities of regulated brokers. Ordodary is a person of interest to various law enforcement agencies…
Request 4 Information – Ukrainian crypto scam network around BitStarMarkets
On Trustpilot, the Ukrainian BitStarMarkets (www.bitstarmarkets.com) has a 2.2-star rating and a “poor” trust level. The website is currently down and seems to have disappeared. Quantbitex (www.quantbitex.com) is slightly better and has a 2.9-star rating and thus an “average” trust…
The Trade99 scam puzzle and its Estonian payment processor
The Trade99 broker scam was notorious and had the dubious honor of receiving warnings and cease and desist notices from regulators worldwide. We reported about it a year ago and didn’t know much about the background. Then came the InvestXE…
Licensed Estonian scam-facilitator Woodstock and its payments network
We have recently discovered the licensed Estonian crypto payment processor Woodstock OÜ as a payment processor in the Trade Com scams network with ProfxCredit, FMA Crypto, Coinmond, GlobalSpotFX, Spotfinex, FXonspot, or TopEuroFX. These scams’ victims deposited money through Woodstock‘s bank…
Investor Warning – Russian Umarkets broker scam facilitated by Epayblock and Exactly
Update Nov 3, 2020: we have been informed that Prometheus is the operator of Umarkets, LimeFX, and some other broker scams. All of them use the Xcritical trading platform. The huge Russian Umarkets broker scam with the associated domains www.umarkets.com,…