Belgium’s Financial Services and Markets Authority (FSMA) is once again drawing the public’s attention to the phenomenon of fraudulent trading platforms and their dangers.
These platforms are all over the internet, trying to lure investors with promises of quick and easy earnings. However, behind these tantalizing offers, there are often sophisticated scams that can lead to significant losses.
The FSMA notes that the following websites were putting consumers in touch with fraudulent trading platforms:
- Bitcoin Avage 500 (www.bitcoinavage500.com);
- Gas 4.0 Alrex/Gas Alrex Ai (https://the-official-website.net/gas-4-0-alrex/; https://www.btcrevolution.cloud/);
- Trade 7.0 sprix (https://techtonicterritory.com/; https://www.innovateinfinityisland.com/; https://innovativeideasisle.com/; https://www.aquamarinespasauna.com/index.html).
The FSMA strongly advises against responding to any offers made by the following trading platforms:
- 24era (https://24era.com/);
- Abyss World Asset (https://www.abyss-world-asset.com/);
- Antbit (www.antbitx.cc);
- Axys Global (https://axysglobal.cc/; axysglobal.ltd);
- Bit4eu (https://bit4eu.co/; bit4eu.io ; https://bit4eu.cc/);
- Bit-wise (https://www.bit-wise.co/);
- Coineuro Cap (https://coineurocapital.co/);
- Delta24 (delta24.pro);
- Finkea (www.finkea.com);
- FX Tampa (https://www.fxtampa.net/; https://www.fxtampa.com);
- Globalconnect24 (https://www.globalconnect24.net/);
- High Forecast (https://www.hiforecast.com/; https://www.hiforecast.world/);
- Investment Peak (“https://investmentpeak.com/; http://www.investmentpeak1.com/; http://investment1peak.com);
- JPMreview (https://www.jpmreview.net/);
- Kucoine (www.kucoine.cc; www.kucoine.net);
- Main BTC (https://main-btc.dev/; https://main-btc.com/);
- Market2Trade (https://market2trade.com/);
- Market4Trade (www.mrk4trd.com);
- Market Rate AI (https://mrate-ai.com/);
- Oxtrades (https://oxtrades.com);
- Profit Gainer (www.profit-gainer.com; www.profit-gnr.com; www.finkanso.com);
- Profitmarkets (https://profitmarkets.org/);
- PrimeBanque (https://primebanque.com/);
- Robintrov (https://www.robintrov.com/; https://robintrov.io/);
- STEcapital (https://stecapital.cc/);
- SwissCoinCo (https://swisscoinco.com/);
- tipo-group.com, Trading-Wave, Trading-Waves Tipo group (https://clientzone.trading-wave.com/fr/login; https://trading-wave.com/);
- Trade101.ai (https://trade101.ai/);
- Trilophun Incoporations (https://trilophun.com/);
- Xtrader.Ca (www.xtrader.ca);
- Wavestrader (https://wavestrader.io/);
- WFM International (https://www.wfminternational.com/; https://wfminternational.vip/);
- ZZ Trading (https://zztrading.io/).
If you’ve fallen victim to a fraudulent trading scheme:
- Stop making any transactions and break off all contact with the platform: Do not deposit any more money and do not provide any additional personal or financial information. Break off all contact with the fraudsters. They may try to manipulate you in order to take even more money from you.
- Contact your bank: Inform your bank immediately if you have made any payments to the fraudulent platform.
- Report the fraud to the competent authorities: Contact the FSMA and file a complaint with the police.
- Document all the messages and transactions: Gather together all the evidence of communications with the platform, including emails, messages, account statements and screen captures of transactions. These items will be valuable when you report the fraud.
- Beware of “recovery rooms”: The latter is a practice that consists of contacting people who have been victims of a scam in the past and offering them services that will supposedly recover your lost money, for a fee. Often, these constitute yet another case of fraud.
