FinTelegram issued an investor warning against forex & CFD broker scam El Comercio24 (www.elcomercio24.com) in June 2021. At that time, the scam deployed the fraudulent Crypto Engine marketing campaign to chase victims in Europe. Today, the Spanish regulator CNMV shared FinTelegram’s opinion and issued an investor warning against El Comercio24. The scam is a white-label solution on the Israeli AirSoft platform, about which we recently published a Request 4 Information (R4I).
The offshore entity 8 Dots Ltd, registered in St. Vincent & the Grenadines, allegedly operated El Comercio24. The newly installed ShinePays cashier runs on the domain https://gate.shinepays.com and integrates various payment processors for credit and debit card payments and payments via credit currencies.
In our review in June 2021, we found Payneteasy, Finanic OÜ d/b/a Finanic (www.finanic.io), and Paycly (www.oppey.net) as scam-facilitating payment providers. Different payment options like RogerPay, GameChangers, Pay by 2fav, or even Bitcoin via RocketBit, QBO, and BH Exchange. AdvCash are integrated into the scam’s cashier.
Stay far away from El Comercio24 and similar scams operated by offshore entities or unknown operators. You will save yourself financial losses, frustration, and the theft and misuse of your data.
