Monday, June 9, 2025
Newsletter
All

Top 5 This Week

Related Posts

German BaFin warns against the 3 scam brokers EliteTrading, KapNetz, and TopInvestus

BaFinCybercrimeIllegal Broker Activities
tamir
Author: tamir
Less than 1 min.read
Spread financial intelligence

In the last two days, the German financial market supervisory authority BaFin has issued a total of three cease and desist orders against unauthorised and thus illegally operating brokers:

At EliteTrading, BridgerPay is integrated as a payment processor and Topinvestus works with CashierLive.

The KapNetz broker scheme works via the website as well as with an Android App.

Previous article
WorldMarkets Scam Update – Polish Crypto Payment Processor Net Kantor freezes account and launches investigations
Next article
WorldMarkets Scam Alert – A Dutch beneficiary and ING bank account exposed
tamir
tamir

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular Articles

About us

FinCrime Observer is a financial intelligence platform that has existed since 2023 and focuses on financial crime in the cyberfinance segment. FinCrime Observer works in a content syndicate with FinTelegram and other platforms.

Latest Articles

StablR’s Hidden Past: Omitted Payvision Scandal Raises Alarming Questions About Stablecoin Issuer’s Regulatory Compliance and Leadership Integrity

Crypto Compliance 0
tablR (website), a Malta-based stablecoin issuer regulated under the EU’s MiCA, positions itself as a transparent and compliant player in the digital assets space. However, scrutiny of its leadership and disclosure practices reveals significant concerns about governance, regulatory adherence, and ethical transparency. Founded by Gijs op de Weegh, former COO of the scandal-ridden payment processor Payvision, StablR’s white paper omits critical details about its CEO’s involvement in one of Europe’s largest cybercrime facilitation cases.

🚨 Hosting Nightmare: 10Web Took FinCrime Observer Offline Over a Fake DMCA Complaint

FinCrime 0
The entire FinCrime Observer website was taken offline—not because of a server failure, not because of a DDoS attack, but because of one fake DMCA complaint targeting a single article. The result? Massive operational damage, loss of reach, interruption of an ongoing migration, and a blunt realization: 10Web is not fit to host any serious, critical, or investigative website.

Austria’s Fall from Grace: Convicted Ex-Minister Karl-Heinz Grasser Begins Prison Sentence

Austria 0
Karl-Heinz Grasser, Austria’s once-celebrated finance minister, has now reported to prison. On June 2, 2025, Grasser officially began serving his 4-year sentence for corruption and abuse of office, nearly five years after his conviction in the notorious Buwog scandal. This marks a historic low for Austria’s political elite and sends a belated but powerful message: white-collar crime can lead to prison time, even for the nation’s former golden boy.

Most Popular

StablR’s Hidden Past: Omitted Payvision Scandal Raises Alarming Questions About Stablecoin Issuer’s Regulatory Compliance and Leadership Integrity

Crypto Compliance 0
tablR (website), a Malta-based stablecoin issuer regulated under the EU’s MiCA, positions itself as a transparent and compliant player in the digital assets space. However, scrutiny of its leadership and disclosure practices reveals significant concerns about governance, regulatory adherence, and ethical transparency. Founded by Gijs op de Weegh, former COO of the scandal-ridden payment processor Payvision, StablR’s white paper omits critical details about its CEO’s involvement in one of Europe’s largest cybercrime facilitation cases.

🚨 Hosting Nightmare: 10Web Took FinCrime Observer Offline Over a Fake DMCA Complaint

FinCrime 0
The entire FinCrime Observer website was taken offline—not because of a server failure, not because of a DDoS attack, but because of one fake DMCA complaint targeting a single article. The result? Massive operational damage, loss of reach, interruption of an ongoing migration, and a blunt realization: 10Web is not fit to host any serious, critical, or investigative website.

Austria’s Fall from Grace: Convicted Ex-Minister Karl-Heinz Grasser Begins Prison Sentence

Austria 0
Karl-Heinz Grasser, Austria’s once-celebrated finance minister, has now reported to prison. On June 2, 2025, Grasser officially began serving his 4-year sentence for corruption and abuse of office, nearly five years after his conviction in the notorious Buwog scandal. This marks a historic low for Austria’s political elite and sends a belated but powerful message: white-collar crime can lead to prison time, even for the nation’s former golden boy.

Subscribe

© FinCrime Observer. All Rights Reserved.