A few days ago FinTelegram published a Request for Information about the Zoo Scam Broker Network. It seems that the partly relatively new Forex, CFD and Krypto Brands are run by the same boiler rooms and Perpetrators that have worked with collapsed Scam Brokers from Uwe Lenhoff and Gal Barak.
One of these trademarks identified by FinTelegram is CFD Premium (www.cfdpremium.com), which is officially operated by Silver Wolf Limited, registered on the Marshall Islands.
New FCA warning
On May 30, 2019, the UK Financial Conduct Authority (FCA) issued an investor warning against CFD Premium. The Spanish watchdog DNMV included CFD Premium into its blacklist in January 2019.
The Zoo Broker Scam Brands
The Zoo Broker Scam Network operates about a dozen broker scam pages. Below are listed just a few of those illegally operating brands which are operated via offshore companies and Estonian payment services providers:
- DeltaFXmarkets
- FXtrade777
- TradesEasy
- VIX500
- Tradex1
- LiteFinTech
- ECN Premium (ECNpremium)
- CFD Premium (CFDpremium)
- DAX300
- MIB700
- PremiumTradesMarkets
Report Zoo Broker Scam Activities
If you are aware of any activities of the Zoo Broker Scam organization and/or if you are a victim of one of its illegally operating broker brands please share your information with our FinTelegram Research Team using our whistleblower system.
