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We have already warned several times against the Euro Trade Commission scam, which attacks fake trader certificates and fake people consumers in Europe. In the last few days, we have received more and more information from whistleblowers. The scammers operate on Telegram channels where they promise potential victims huge profits for the payment of only €75. Before paying out the winnings, they then demand another few hundred euros for the fees incurred. Stay far away from these scammers and keep your money.
Fake Certificates
The scammers use fake Euro Trade Commission certificates that are supposed to identify them as members of this non-existent organization. This way, they want to gain the trust of future victims and steal their money.
There is no Euro Trade Commission that could issue such certificates. This is a fake regulator or fake organization.
Fake Individuals
These fraudsters use fake Estonian IDs and fake certificates. One calls himself Vilkas Berzins, and another one Vlad Efros. No government-recognized authority or organization is known to us that calls itself the Euro Trade Commission. Stay very far away from supposedly licensed traders who hunt for victims on social media and messenger services.
The license issued by the non-existent Euro Trade Commission would authorize Estonian citizens named Vilkas Berzins (left) or Vlad Efros (right) to trade cryptocurrencies.
We are certain that these individuals and their IDs are also fake. We have not been able to connect a social media account with this individual.
The certificate is apparently missing any legal reference to issuing organization apart from a stamp naming Euro Trade Commission Limited, which we have not found. Neither address nor domain nor any other data usually found on a certificate are given.
The license issued by the non-existent Euro Trade Commission would authorize an Estonian citizen named Berzins Vilkas to trade cryptocurrencies. We assume that this person is also a fake. We have not been able to connect a social media account with this individual.
Share Information
If you have information about the Euro Trade Commission or Berzins Vilkas, please let us know through our whistleblower system, Whistle42.
