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BaFin issues another Cease and Desist Order against CapitalFX broker scam

Illegal Broker ActivitiesIllegal Payment Services
Ben
Author: Ben
Less than 1 min.read
Investo warning against CapitalFX
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The German BaFin has issued another Cease and Desist Order against EZ2GO Ltd this week. The company, registered in the Commonwealth of Dominica, was registered as the operator of the CapitalFX broker scam. The scam is active with the domains www.capitalfx.co and www.capital-fx.info. Also named as an operator is Aegion Group Ltd, registered in St. Vincent and the Grenadines. As payment processors, we have discovered PayNetEasy and PayCent behind the BoxiPay cashier (PayBox).

EZ2Go Ltd has been active for several years with various scams.

  • In December 2019, the MAS in Singapore issued an investor alert against BT Save (www.btsavae.io and www.btsave.net) which EZ2Go also operated.
  • The Austrian FMA issued a warning against Aegion Group Ltd and CapitalFX in August 2020,
  • The Dutch MFSA issued a warning against CapitalFX
  • in March 2021, the Italian Consob ordered the blackout of CapitalFX‘s website in April 2021.

Stay far away from CapitalFX and other broker scams. This will save you from losses and frustration.

Report scams and their facilitators
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