On the one hand, you could argue that this is good news. A scam disappears into the darkness of the Internet. On the other hand, they disappear with a lot of money stolen from their victims. This is the bad news. In the case of Status Markets, the victims never had a chance to see their money again anyway. Like 99% of all scams, Status Markets was run through offshore entities and trustees. In the case of StatusMarkets, this was MarCo Global Projects Ltd in the Marshall Islands. As expected, the scam has now disappeared.
Key data
| Brand | Status Markets |
| Domain | www.statusmarkets.com |
| Legal entity | MarCo Global Projects Ltd |
| Jurisdiction | Marshall Islands |
| Warnings | Canadian OSC, UK FCA, BaFin |
Scam narrative
Since July 2021, FinTelegram has issued investor warnings against Status Markets. The scam has been massively hunting for victims via fraudulent marketing campaigns like 1k Daily Profit. Successfully hunted for victims. We estimate that the scam has stolen from several thousands of consumers in Europe.
Share data
Status Markets is gone but not the facilitators of this scam. The boiler rooms behind the scam are currently running other scams as well as payment processors and marketing agencies. In this respect, all information regarding Status Markets is important for clarification in the interest of the victims. If you have any useful information about Status Markets, please share it with us via our whistleblower system Whistle42.
