Friday, November 22, 2024

UK Watchdog FCA warns against Profits Trade!

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The UK Watchdog Financial Conduct Authority (FCA) has issued an investor warning against the broker scam of the Profits Trade (www.profitstrade.com). According to information on the scam’s website, it is operated by the company ProfitsTrade Ltd in Dominica. Deposits are processed via Klarna and LeaderPay. The broker scams are really bad for small investors and consumers. But worse, much worse are the facilitating payment processors that make fraud possible in the first place.