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Welcome! BaFin follows FinTelegram announcing investigations against Citadel Securities!

BaFinIllegal Broker Activities
Ben
Author: Ben
Less than 1 min.read
investor warning against ATFX Global
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FinTelegram issued an investor alert against the ATFX Global broker scam a few days ago. We pointed out that this broker scam connected with Citadel Securities (www.citadel.securities) and Pente Management d/b/a PenteTrade24. The German BaFin announced today that it is investigating Citadel LLC and PenteTrade24 because they are publicly offering shares in Cannabis Health AG via the website www.citadel.securities without the required capital market prospectus. It seems that the Citadel Securities scam is much more extensive than initially thought.

Our ATFX Global review established that upon registering on the website https://atfx.traderdesk.net/secure, clients receive a confirmation email from [email protected] via pente24.com welcoming them to ATFX Users Portal 24.

The domain www.pente24.com redirects to PenteTrade24 broker, operated by Pente Management LLC, registered in Delaware, United States. Those who want to register with PenteTrader24 are further redirected to the Citadel Securities website (https://citadelsecurities.center). Evidently, the ATFX Global scam is connected to PenteTrade24 and Citadel Securities.

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