The Spanish regulator CNMV has started the week with an investor warning against five brokers operating illegally. According to our research, all five brokers are not only operating illegally, but in addition, they are also scams. Illegally acting brokers do not necessarily intend to defraud their clients but operate without the necessary regulatory permission or violate regulatory frameworks. Scams, however, always have the intent to defraud; it’s their business model. The boundaries are blurred. In any case, stay far away.
- Bulls&Bears Trades with www.bullsbearstrades.com
- AG Kapital with www.agkapital.com
- Lehman Capital Ltd with https://pexmoncoin.com
- Clone of Botana Gestion with wwwgestion-fortune.com
- FTSE Financial Ltd with www.ftseifc.com
If you have information about any of the scams listed above or about other scams and their operators, please share it with us through our whistleblower system, Whistle42.