Amid the Ukraine War, the Russian Binarium broker scam continues its attacks. We have already warned several times against it. Legal entities in Cyprus and St. Vincent & the Grenadines operate the scam targeting consumers in Europe, North America, and Asia. In Dec 2021, the Italian Consob ordered the blackout of Binarium’s websites for Italian consumers. The boiler rooms operate with Russian phone numbers and are located in Russia, Latvia, and Ukraine. The scam works with Russian payment processors and cryptocurrencies. Stay far away!
Key data
| Brands | Binarium Binarlum |
| Domains | https://binarium.com, https://binarlum.com https://binarium.click, https://binarium.global, https://binarium.trade https://binarium.link, https://binariums.com https://binariumthailand.com |
| Social media | |
| Legal entity | Binarium Limited (Cyprus) |
| Headquarters | Moscow, Russia |
| Contact data | + 7 (499) 703 35 81 |
| Jurisdictions | Russia Cyprus St. Vincent & The Grenadines Latvia, Ukraine |
| Payment processors | Sky Pay (Sky-Crypto), Itez, SticPay, WebMoney, Perfect Money, AstroPay, YooMoney, Monetix, FreeKassa (FKWallet), Piastrix Transferop Payment Gateway Ltd d/b/a PayoP |
| Warning | Consob, CNMV |
The narrative
Binarium is actually a huge scam broker that has been operating for many years. Everything about it is fake. The address in Moscow is a virtual office address. We have not found any Binarium Limited in the directory of the Financial Services Authority in St. Vincent & The Grenadines. There is also no office at the given address in Nicosia. Nevertheless, Binarium is active with numerous domains in many countries.
In the EU, the Spanish CNMV and the Italian Consob have issued warnings. Binarium has also been placed on warning lists in Russia and Ukraine. On Trustpilot, Binarium holds a 2-star rating with a corresponding “Poor” trust level. Just stay far away.
At Perfect Money, Binarium customers’ deposits are processed through the Canadian Transferop Payment Gateway Ltd d/b/a PayOp (see screenshot left).
Share information
If you have any information about Binarium, please share it with us via our whistleblower system, Whistle42.
I can’t believe how terrible people have become in the world, how can a broker call me up and make me believe that I was investing into something genuine, in a couple of months I had been fleeced out of my life savings, till this day haven’t even been able to get fully back on my feet. Having taken my time to do some research would like to speak with other people who have been through similar experience, together without a doubt I am sure with likeminded minds we can all get our money back. I met with a genius Freddictine gmail dot com who helped me get back on my feet again
They promised a guaranteed return on my investment but after investing my life savings, I got nothing in return. They seemed legitimate at first, but it was all a scam. I urge people to stay away from fake platforms and not risk their hard-earned money like I did. Report scam to cybertecx net for payout solution