Sunday, November 24, 2024

Investor warning against Infinity Capital broker scam

Spread financial intelligence

The Austrian Financial Market Authority (FMA) issued an investor warning against the broker scam Infinity Capital (www.infinitycapitalg.com). According to the information on the website, the alleged operator is InfinityCapitalG Ltd. There are no further details about this legal entity or persons. St. Vincent & The Grenadines is provided as the applicable jurisdiction. For deposits of potential victims, support a/k/a the boiler room must be contacted beforehand. Please do yourself a favor and do not do contact them.

Infinity Capital broker scam attacks consumers in English and German languages. On Trustpilot, the broker has a 4.2-star rating (as of Sept 17, 2021) with a corresponding “Great” trust level. However, most of the reviews are rather evidently fake. They are written by people who have never submitted a review before. Almost all positive reviews are written by first-time reviewers in the United Kingdom and Australia. This reeks of fake.

Stay far away from Infinity Capital. You will save yourself losses, frustrations, and misuse of your data.