FinTelegram published a warning against ErfolgreichFX in March 2022. Now, the German regulator BaFin announced investigations against the scam and its anonymous operators with an address in St. Vincent & The Grenadines. The scam seems set to vanish soon as some of the payment options we exposed in our initial review such as Neobanq and Paypound have already been removed. Credit and debit card deposits are processed through the anonymous FXPaymentServices. Stay far away from the scam and share your experience with us.
Key Data
| Trading name | ErfolgreichFX |
| Domain | www.erfolgreichfx.com |
| Legal entity | not disclosed |
| Jurisdiction | St. Vincent & The Grenadines |
| Promotors | Wealth Info (https://wealth-info.com) Bitcoin Evolution (https://automaticinvestmentreviews.com) |
| Payment processor | Sirius via FXPaymentServices (https://secure.fxpaymentservices.com) Neobanq (removed) Paypound (removed) PayWay (no longer available) |
| Warning | BaFin |
The narrative
The ErfolgreichFX website does not provide any information about the operators. St. Vincent & The Grenadines is given as the jurisdiction. Deposits are possible via credit and debit cards as well as bank transfers. Once again, we found the two notorious scam facilitators, Neobanq and Paypound, as payment processors. However, in our second review on 22 June 2022, these two payment processors were no longer available. In addition, we have discovered FXPaymentServices, a new cashier for payment via credit and debit cards.
Stay far away from this scam and save yourself from losing your data and money.
Share Information
If you have any information about ErfolgreichFX, its operators, or facilitators, please let us know via our whistleblower system Whistle42.
