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FMA warns against CapitalFX broker scam – perpetrators exposed!

FMA warns against CapitalFX broker scam in Leverate network
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The Austrian regulator FMA has issued an investor warning against the scam broker CapitalFX (http://www.capitalfx.co). This is operated by Aegion Group Ltd on St. Vincent and the Grenadines. The scam is part of the PumaTS network and connected to their Activ8 trading servers. It’s another full-blown scam without any special features. The payment processor is Paycent, a crypto payment processor that offers its own crypto debit card (www.paycent.com) and is integrated into the scam’s PayBox cashier.

FinTelegram has the KYC documents of the Aegion Group Ltd. The ultimate beneficial owner (UBO) and sole director of the scam is the Cypriot Stavros Prodromou. The company was established in November 2019 by the agent Wilfred Services Ltd and shortly after signed a license and service agreement with PumaTS. The Aegion Group not only operates the CapitalFX scam but also the RogerFin scam. Financial market regulators have issued investor warnings against both scams.

These and many other scams are operated within the network of PumaTS.

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