The UK Financial Conduct Authority (FCA) has issued an investor warning against the Finvesting broker scam. The scam is allegedly operated by Sanako Service Ltd, registered in the Marshall islands, with the domains www.finvestings.com and www.fin-vestings.com. A Finvesting investment news service based in Estonia is also active under the domain www.finvesting.net. It is currently not clear whether and how these two investment ventures are connected. We have not been able to identify any payment service providers.
The Finvesting broker scam is a typical white-label scam that is not even particularly well done. In this respect, no consumers should actually fall for the scam. Unfortunately, we know that the boiler room agents behind these scams can argue very convincingly and always find victims. So stay far away from Finvesting and other scams.
