Caution Investors Ivenctures – Regarding market intermediaries (investment and trading advisers, collective investment schemes, brokers, dealers, and transfer agents)

Overview:

If you are looking for a reliable and trustworthy market intermediary to help you with your investment and trading needs, you may want to steer clear of Ivenctures. This company has been flagged by the Dutch Authority for the Financial Markets (AFM) as a suspected boiler room, meaning that they use deceptive and aggressive tactics to lure unsuspecting investors into buying worthless or non-existent shares. In this blog post, we will review the warning issued by the AFM, the products and services offered by Ivenctures, the customer reviews and feedback, and the location and customer service of the company. We will also provide some tips on how to avoid falling victim to boiler room scams and how to report them if you encounter one.

Regulation and Compliance:

According to the AFM, Ivenctures does not have an AFM license or a European Passport, which are required for any market intermediary operating in the Netherlands or in the European Union. This means that they are not authorized to offer investment or trading advice, collective investment schemes, brokerage, dealing, or transfer agent services to consumers. The AFM also warns that Ivenctures has approached persons without being asked, to offer them investment proposals (cold calling), which is a common sign of a boiler room scam. A boiler room is a term used to describe fraudulent individuals and organizations that use high-pressure sales techniques to persuade potential investors to buy shares that promise high returns but are actually worthless or non-existent. The AFM advises consumers not to respond to any offers from Ivenctures and not to transfer any money or personal information to them. You can read the full warning from the AFM here: https://www.afm.nl/nl-nl/consumenten/waarschuwingen/bekijk-de-waarschuwingen/boilerroom/ivenctures

Customer Reviews:

As expected, there are not many positive reviews or testimonials from customers who have dealt with Ivenctures. Most of the reviews we found online are negative, warning others about the scam and sharing their experiences of losing money or being harassed by the company. Here are some examples of customer reviews we found on various websites:

– “Ivenctures is a scam. They called me several times and tried to convince me to invest in some stocks that they claimed would skyrocket soon. They were very pushy and rude, and they even threatened me when I refused to give them my bank details. I reported them to the AFM and blocked their number. Stay away from them.”

– “Do not trust Ivenctures. They are a boiler room that will rip you off. They sold me some shares that turned out to be worthless. They lied about their credentials and their performance. They never answered my calls or emails when I tried to get my money back. They are crooks and should be shut down.”

– “Ivenctures is a joke. They claim to be experts in the market, but they don’t know anything. They gave me bad advice and made me lose a lot of money. They are not regulated by anyone and they don’t care about their customers. They only care about their commissions. Avoid them at all costs.”

Products and Services:

Ivenctures claims to offer a range of products and services for investors and traders, such as:

– Investment and trading advice

– Collective investment schemes

– Brokerage

– Dealing

– Transfer agent

However, as we have seen, these products and services are either fake or illegal, as Ivenctures does not have the necessary license or authorization to provide them. Moreover, the company does not disclose any information about its fees, commissions, risks, or returns, which is another red flag for any legitimate market intermediary. The company also does not have a website or any social media presence, which makes it hard to verify its identity or reputation.

Location:

Ivenctures claims to be based in Amsterdam, the Netherlands, but we could not find any physical address or contact details for them. The only way to reach them is through their phone number, which is likely a VoIP number that can be easily changed or redirected. The company also does not have any registration number or legal entity name that can be checked with the Dutch Chamber of Commerce or other authorities.

Customer Service:

The customer service of Ivenctures is practically non-existent. The only communication channel they use is cold calling, which is often unsolicited, intrusive, and annoying. The callers are usually rude, aggressive, and persistent, trying to pressure potential investors into buying their shares or giving them their personal or financial information. They often use fake names, accents, or credentials to appear more credible or professional. They also ignore any requests to stop calling or remove from their list. If a customer tries to contact them back or ask for a refund, they either hang up, ignore, or threaten them.

Conclusion:

Based on our review, we conclude that Ivenctures is a scam and a boiler room that should be avoided by anyone looking for a market intermediary. The company does not have any license, authorization, or regulation to offer any investment or trading products or services. The company also uses deceptive and unethical tactics to lure unsuspecting investors into buying worthless or non-existent shares. The company has received a warning from the AFM and has many negative reviews and complaints from customers who have lost money or been harassed by them. We recommend that you do not respond to any offers from Ivenctures and do not transfer any money or personal information to them. If you have already done so, you should report them to the AFM and your bank as soon as possible. You should also be careful of any other similar calls or offers from other companies that may be related to Ivenctures or use the same scheme.

Caution Investors Curated Earners – Regarding market intermediaries (investment and trading advisers, collective investment schemes, brokers, dealers, and transfer agents)

Curated Earners: A Boiler Room Scam to Avoid

Overview:

If you are looking for a reliable and trustworthy investment platform, you might want to steer clear of Curated Earners. This company has been flagged by the Dutch Authority for the Financial Markets (AFM) as a suspected boiler room scam. In this blog post, we will explain what a boiler room scam is, how Curated Earners operates, and why you should avoid it at all costs.

Regulation and Compliance:

A boiler room scam is a type of fraud that involves cold-calling potential investors and pressuring them to buy shares that are either worthless or nonexistent. The scammers often use fake or stolen identities, fake websites, and fake documents to lure unsuspecting victims. They also promise high returns and low risks, but in reality, they are only interested in taking your money and disappearing.

Curated Earners is one such scam. According to the AFM, Curated Earners has approached people without being asked, to offer them investment proposals. The AFM has also established that Curated Earners do not have an AFM license or a European Passport. This means that Curated Earners is not authorized to provide investment services or products in the Netherlands or in any other European country. Therefore, if you deal with Curated Earners, you are not protected by any regulatory framework or compensation scheme.

Customer Reviews:

As expected, Curated Earners has received many negative reviews from customers who have fallen victim to their scam. Here are some examples of what customers have said about Curated Earners:

– “They called me several times and convinced me to invest in some stocks that they claimed would skyrocket. They sounded very professional and friendly, but after I transferred the money, they stopped answering my calls and emails. I never received any confirmation or statement of my investment. I realized too late that I had been scammed.”

– “They are very persistent and aggressive. They keep calling me from different numbers and trying to persuade me to invest more money. They say that I have made a huge profit and that I need to pay some fees or taxes to withdraw it. But I know it’s a lie. They just want more money from me. I have reported them to the authorities, but I don’t think I will ever get my money back.”

– “They are very clever and manipulative. They use fake names and fake websites to make themselves look legitimate. They also send me fake news articles and fake reports to support their claims. They even hacked into my email account and sent me fake messages from my bank and my broker. They made me believe that they were working with reputable institutions and that I was making a good investment. But it was all a hoax.”

Products and Services:

Curated Earners claims to offer a variety of investment products and services, such as stocks, bonds, commodities, forex, cryptocurrencies, mutual funds, hedge funds, and more. However, these products and services are either non-existent or of very low quality. Curated Earners does not have any access to the real markets or any reputable brokers or dealers. Instead, they create their own fake markets and prices and manipulate them to their advantage.

Curated Earners also claims to have a team of experts and analysts who provide market insights and advice to their clients. However, these experts and analysts are either fictitious or unqualified. They do not have any credentials or experience in the financial industry. Instead, they use generic or plagiarized information from the internet or other sources and present them as their own.

Location:

Curated Earners claims to be based in Amsterdam, the Netherlands. However, this is also a lie. Curated Earners does not have any physical presence or registered address in the Netherlands or anywhere else in the world. Instead, they use virtual offices, mail forwarding services, and VoIP phones to hide their true location and identity.

Customer Service:

Curated Earners claims to have a 24/7 customer service team ready to assist their clients with any queries or issues. However, this is also a deception. Curated Earners does not have any real customer service team or representatives. Instead, they use automated systems, chatbots, or hired agents to communicate with their clients.

The communication with Curated Earners is usually one-way and limited. Curated Earners only contact their clients when they want to solicit more money from them or when they want to prevent them from withdrawing their money. Curated Earners do not respond to any requests for information, verification, or clarification from their clients. Curated Earners also block or ignore any complaints, disputes, or negative feedback from their clients.

Conclusion:

Curated Earners is a boiler room scam that should be avoided by all means. This company is not regulated or licensed by any authority, and it does not provide any real investment products or services. Instead, it uses deceptive and fraudulent tactics to lure and exploit unsuspecting investors. If you have been contacted by Curated Earners, do not respond to their offers or give them any personal or financial information. If you have already invested with Curated Earners, contact the AFM or your local authorities as soon as possible, and try to recover your money. And remember, if something sounds too good to be true, it probably is.

Caution Investors Cryptosfxpro – Regarding market intermediaries (investment and trading advisers, collective investment schemes, brokers, dealers, and transfer agents)

Cryptosfxpro Review: A Suspected Boiler Room Scam

Overview:

Cryptosfxpro is a company that claims to offer online trading and investment services in various financial markets, such as forex, stocks, commodities, and cryptocurrencies. However, the company has been flagged by the Dutch Authority for the Financial Markets (AFM) as a suspected boiler room scam. This means that the company may be using deceptive and aggressive tactics to lure unsuspecting investors into buying worthless or non-existent securities. In this review, we will examine the regulatory status, customer reviews, products and services, location, and customer service of Cryptosfxpro, and explain why you should avoid this company at all costs.

Regulation and Compliance:

One of the most important factors to consider when choosing a trading or investment platform is whether it is regulated and compliant with the relevant laws and standards in its jurisdiction. Regulation ensures that the platform operates in a fair, transparent, and secure manner, and protects the interests and rights of its customers. Compliance means that the platform follows the rules and regulations set by its regulator, and submits to regular audits and inspections.

Cryptosfxpro claims to be regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Australian Securities and Investments Commission (ASIC) in Australia. However, a quick check on the official websites of these regulators reveals that Cryptosfxpro is not registered or authorized by any of them. In fact, Cryptosfxpro does not provide any verifiable information about its legal name, registration number, address, or contact details on its website. This is a clear sign of a fraudulent and unregulated entity.

Moreover, Cryptosfxpro has been issued a warning by the AFM on 09 Oct 2023. The AFM is the regulator of the financial markets in the Netherlands, and it warns consumers not to respond to offers from Cryptosfxpro. According to the AFM, Cryptosfxpro has approached persons without being asked, to offer them investment proposals. A boiler room is a collective term for fraudulent individuals and organizations using clever salespeople to call potential investors to pressure them into buying shares that promise high returns (cold calling). In reality, the shares are either worthless or non-existent. The AFM has established that Cryptosfxpro does not have an AFM license or a European Passport. You can read the full warning here: https://www.afm.nl/nl-nl/consumenten/waarschuwingen/bekijk-de-waarschuwingen/boilerroom/cryptosfxpro

Customer Reviews:

Another way to assess the reputation and credibility of a trading or investment platform is to look at customer reviews and feedback. Customer reviews can provide valuable insights into the quality of service, performance, features, fees, security, and customer support of a platform. However, customer reviews should also be taken with a grain of salt, as some of them may be biased, fake, or paid.

Cryptosfxpro has very few customer reviews online, and most of them are negative. On Trustpilot, a popular online review platform, Cryptosfxpro has only 4 reviews, with an average rating of 1.3 out of 5 stars. All of the reviews are from customers who claim to have lost money or been scammed by Cryptosfxpro. Some of the common complaints include:

– Being pressured into depositing more money

– Not being able to withdraw their funds

– Being ignored or blocked by customer service

– Being charged hidden fees or commissions

– Being misled or lied to about the risks and returns

– Being offered fake bonuses or incentives

Here are some examples of the reviews:

– “This company is a scam. They took my money and refused to let me withdraw. They kept asking me for more deposits and verification documents. They never answered my calls or emails. They are thieves and liars. Stay away from them.”

– “I was contacted by a guy named David who said he was from Cryptosfxpro. He said he could help me make money by trading forex and crypto. He sounded very professional and convincing. He asked me to open an account with Cryptosfxpro and deposit $250. He said he would guide me through the trading process and give me signals. He also promised me a 100% bonus on my deposit. I trusted him and did what he said. But after I deposited my money, he changed his tone. He said I had to deposit more money to activate my bonus and start trading. He said if I didn’t do it soon, I would lose my opportunity. He became very pushy and rude. I realized I had been scammed and asked for a refund. He said it was impossible and hung up on me. I tried to contact him again but he blocked my number. I also tried to contact Cryptosfxpro but they never replied. I lost my money and I feel very angry and stupid.”

– “Cryptosfxpro is a fraud. They are not regulated by any authority. They are a boiler room scam. They call you and offer you high returns on your investment. They make you sign a contract that gives them full control over your account. They trade on your behalf and make you lose money. They charge you fees and commissions that are not disclosed. They do not allow you to withdraw your money. They are scammers and criminals. Do not deal with them.”

Products and Services:

Cryptosfxpro claims to offer a variety of products and services for online trading and investing, such as:

– A web-based trading platform that is compatible with any device and browser

– A mobile app that is available for Android and iOS devices

– A wide range of trading instruments, including forex, stocks, commodities, indices, and cryptocurrencies

– Multiple account types, such as Basic, Silver, Gold, Platinum, and VIP

– Competitive spreads and leverage

– Fast execution and low latency

– Educational resources and market analysis

– Dedicated account managers and customer support

However, these claims are not backed by any evidence or proof. Cryptosfxpro does not provide any screenshots or demos of its trading platform or mobile app. It does not disclose the specific trading conditions, such as the spreads, leverage, fees, commissions, or margin requirements for each account type or instrument. It does not offer any free trial or demo account for potential customers to test its services. It does not provide any verifiable information about its educational resources or market analysis. It does not reveal the qualifications or credentials of its account managers or customer support.

In fact, Cryptosfxpro may not even have a real trading platform or mobile app at all. It may be using a fake or cloned website to deceive customers into thinking that they are accessing a legitimate platform. It may be using generic or stolen images and videos to showcase its products and services. It may be using fabricated or plagiarized content to fill its website with irrelevant or misleading information.

Location:

Cryptosfxpro does not provide any clear or consistent information about its location or address on its website. On its homepage, it claims to be located in London, UK, but it does not give any specific street name or building number. On its contact page, it claims to have offices in Cyprus, Australia, and Singapore, but it does not give any phone numbers or email addresses for these locations. On its terms and conditions page, it claims to be operated by a company called Cryptosfxpro Ltd., which is registered in St. Vincent and the Grenadines, but it does not give any registration number or legal address for this company.

This lack of transparency and consistency is another red flag that indicates that Cryptosfxpro is hiding its true identity and location from its customers and regulators. Cryptosfxpro may be using fake or virtual addresses to create a false impression of legitimacy and credibility. Cryptosfxpro may be operating from an offshore jurisdiction that has weak or no regulation of the financial markets, such as St. Vincent and the Grenadines, where many scam brokers are based.

Customer Service:

Cryptosfxpro claims to have a professional and responsive customer service team that is available 24/7 via phone, email, live chat, and social media. However, this claim is contradicted by the customer reviews and feedback that we have seen earlier. Many customers have reported that Cryptosfxpro’s customer service is either non-existent, unhelpful, rude, or hostile.

Cryptosfxpro’s customer service may only be interested in persuading customers to deposit more money or preventing them from withdrawing their funds. Cryptosfxpro’s customer service may use various tactics to achieve these goals, such as:

– Making false or exaggerated promises of high returns or bonuses

– Applying pressure or intimidation to make customers act quickly or urgently

– Asking for personal or financial information that is unnecessary or inappropriate

– Requesting additional fees or charges that are not disclosed or agreed upon

– Ignoring or delaying customer requests or complaints

– Blocking or terminating customer accounts or communication channels

Conclusion:

Based on our research and analysis, we conclude that Cryptosfxpro is a suspected boiler room scam that should be avoided by all means. Cryptosfxpro has no regulation or compliance from any reputable authority. Cryptosfxpro has been warned by the AFM as a fraudulent entity. Cryptosfxpro has received numerous negative customer reviews and complaints. Cryptosfxpro has no transparency or credibility about its products and services, location, or customer service.

Caution Investors Bitmarket Trader – Regarding market intermediaries (investment and trading advisers, collective investment schemes, brokers, dealers, and transfer agents)

Bitmarket Trader: A Boiler Room Scam to Avoid

Overview:

Bitmarket Trader is a company that claims to offer investment and trading services to consumers, but in reality, it is a boiler room scam. A boiler room scam is a fraudulent scheme where unscrupulous individuals or organizations use high-pressure sales tactics to persuade unsuspecting investors to buy worthless or non-existent shares. Bitmarket Trader has been operating without a license or a European Passport and has been warned by the Dutch Authority for the Financial Markets (AFM) as a potential risk for consumers.

Regulation and Compliance:

Bitmarket Trader is not regulated or compliant with any financial authority or jurisdiction. It does not have an AFM license or a European Passport, which means that it is not authorized to provide investment services or products in the Netherlands or in the European Union. The AFM is the regulator of the financial markets in the Netherlands, and it is responsible for ensuring that financial institutions operate in a fair, transparent, and efficient manner. The AFM has issued a warning on its website (https://www.afm.nl/nl-nl/consumenten/waarschuwingen/bekijk-de-waarschuwingen/boilerroom/bitmarket-trader) on 09 Oct 2023, stating that Bitmarket Trader is a suspected boiler room and advising consumers not to respond to its offers.

Customer Reviews:

Bitmarket Trader has received numerous negative reviews and complaints from customers who have fallen victim to its scam. Many customers have reported that they were contacted by Bitmarket Trader via phone or email, and were offered attractive investment opportunities with high returns. However, after they deposited their money, they either received nothing in return or were asked to pay more fees or taxes before they could withdraw their profits. Some customers have also reported that they were unable to contact Bitmarket Trader after they realized that they were scammed and that their accounts were blocked or deleted.

Products and Services:

Bitmarket Trader claims to offer a variety of products and services related to investment and trading, such as stocks, commodities, forex, cryptocurrencies, indices, and options. However, these products and services are either fake or illegal, as Bitmarket Trader does not have the necessary licenses or permissions to operate in the financial markets. Bitmarket Trader also uses deceptive marketing strategies, such as fake testimonials, fake awards, fake news articles, and fake social media accounts, to lure potential customers into its trap.

Location:

Bitmarket Trader does not disclose its physical location or address on its website or other communication channels. It only provides a phone number and an email address, which are likely to be untraceable or disposable. Bitmarket Trader may also use different names or identities to avoid detection or prosecution. According to some sources, Bitmarket Trader may be based in an offshore jurisdiction, such as Belize, Panama, or Seychelles, where the financial regulations are lax or nonexistent.

Customer Service:

Bitmarket Trader does not provide any reliable or professional customer service to its customers. The only way to contact Bitmarket Trader is through its phone number or email address, which is often unreachable or unresponsive. Bitmarket Trader’s customer service representatives are rude, aggressive, and dishonest. They use manipulative techniques, such as false promises, threats, guilt trips, or emotional appeals, to convince customers to invest more money or to prevent them from withdrawing their funds. Bitmarket Trader’s customer service is also inconsistent and contradictory. For example, some customers have reported that they were told different stories or reasons for why they could not access their money.

Conclusion:

Bitmarket Trader is a boiler room scam that should be avoided at all costs. It is not regulated or licensed by any financial authority or jurisdiction, and it has been warned by the AFM as a potential risk for consumers. It offers fake or illegal products and services related to investment and trading and uses deceptive marketing strategies to attract customers. It does not provide any reliable or professional customer service, and it often blocks or deletes customers’ accounts after they deposit their money. Bitmarket Trader is a fraud that preys on unsuspecting investors who are looking for legitimate opportunities to grow their wealth.

Caution Investors NSFX – Clone – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)

Overview:

If you are looking for a reliable and regulated forex broker, you might want to avoid NSFX.online. This website is a clone of a legitimate company, NSFX Ltd, and is trying to scam unsuspecting customers by using their details and website content. The Malta Financial Services Authority (MFSA) has issued a warning about this fraudulent entity and advised the public to stay away from it.

Regulation and Compliance: MFSA Issues Warning https://www.mfsa.mt/news-item/mfsa-warning-nsfx-clone/

The MFSA is the sole regulator of financial services in Malta and is responsible for ensuring the integrity and stability of the financial system. The MFSA also protects consumers from illegal and unethical practices by financial service providers.

On 30 October 2023, the MFSA published a warning on its website about NSFX.online, stating that it is not a Maltese registered company nor is it authorised to provide any financial services in or from Malta. The MFSA also clarified that NSFX.online has no association with NSFX Ltd, which is a genuine company licensed by the MFSA to offer investment services.

The MFSA warned that NSFX.online is a clone of the website of NSFX Ltd and is using their details and website contents to deceive the public. The MFSA urged the public to refrain from undertaking any business or transactions with the false entity and to report any suspicious activities to the MFSA.

Customer Reviews:

There are not many customer reviews available for NSFX.online, which is not surprising given that it is a scam website. However, some of the reviews that we found online were negative and reported issues such as:

– Difficulty in withdrawing funds

– Poor customer service

– False promises and misleading information

– Account closure without explanation

– Loss of money due to manipulation of prices and spreads

These reviews suggest that NSFX.online is not a trustworthy broker and that customers should avoid it at all costs.

Products and Services:

NSFX.online claims to offer various products and services related to forex trading, such as:

– Forex pairs

– Commodities

– Indices

– Stocks

– Cryptocurrencies

– Trading platforms (MetaTrader 4, WebTrader, Mobile Trader)

– Education and training

– Market analysis and news

However, these products and services are not genuine and are copied from the website of NSFX Ltd. NSFX.online does not have the necessary authorization or license to offer these products and services in or from Malta or any other jurisdiction. Therefore, customers who trade with NSFX.online are exposing themselves to high risks of losing their money and personal information.

Location:

NSFX.online does not provide any information about its location or contact details on its website. This is a red flag that indicates that it is hiding its identity and location from the public. The only way to contact NSFX.online is through an online form or an email address ([email protected]).

However, these contact methods are not reliable and customers may not receive any response or assistance from NSFX.online. Moreover, customers may not be able to trace or recover their funds if they encounter any problems with NSFX.online.

Customer Service:

NSFX.online does not have a dedicated customer service team or department. Customers who need help or support can only contact NSFX.online through an online form or an email address ([email protected]). However, these contact methods are not effective and customers may not receive any response or assistance from NSFX.online.

NSFX.online does not provide any other means of communication, such as phone, chat, or social media. This shows that NSFX.online does not care about its customers and their satisfaction. Customers who trade with NSFX.online may face difficulties in resolving their issues or complaints.

Conclusion:

NSFX.online is a scam website that is trying to impersonate a legitimate company, NSFX Ltd. The MFSA has issued a warning about this fraudulent entity and advised the public to stay away from it. NSFX.online does not have any regulation or license to offer financial services in or from Malta or any other jurisdiction. Customers who trade with NSFX.online are exposing themselves to high risks of losing their money and personal information.

Caution Investors Cloud Genesis Enterprise – Unlicensed Entity – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)

Overview:

If you are looking for a reliable and trustworthy financial institution, you might want to steer clear of Cloud Genesis Enterprise. This entity claims to be a regulated financial institution based in Malta, but the truth is far from that. In fact, the Malta Financial Services Authority (MFSA) has issued a warning against this entity, stating that it is neither registered nor licensed in Malta and that it is operating illegally.

Regulation and Compliance: MFSA Issues Warning

The MFSA is the single regulator of financial services in Malta, and its main objective is to protect consumers and investors from fraud and malpractice. The MFSA also ensures that financial institutions comply with the relevant laws and regulations, such as the Financial Institutions Act and the Virtual Financial Assets Act.

On 29 October 2023, the MFSA published a warning on its website, alerting the public that Cloud Genesis Enterprise is an unlicensed entity that is not authorised to provide any investment services or other financial services in Malta. The MFSA also stated that Cloud Genesis Enterprise does not operate from an address in Malta, as it claims, but rather from an unknown location. The MFSA advised the public to refrain from dealing with this entity and to report any suspicious activity to the MFSA or the police.

Customer Reviews:

As expected, Cloud Genesis Enterprise has received many negative reviews from customers who have fallen victim to its scam. Some of the common complaints include:

– Being pressured to deposit large amounts of money without receiving any proof of transactions or contracts

– Being promised high returns on investments that are too good to be true

– Being unable to withdraw funds or contact customer service

– Being threatened with legal action or harassment if they try to cancel their accounts or expose the scam

Some customers have also reported that Cloud Genesis Enterprise uses fake testimonials and reviews on its website and social media platforms, as well as fake endorsements from celebrities and authorities, to lure unsuspecting customers.

Products and Services:

Cloud Genesis Enterprise claims to offer a variety of products and services, such as:

– Forex trading

– Cryptocurrency trading

– Binary options trading

– Asset management

– Wealth management

– Financial consulting

However, these products and services are nothing but a facade to deceive customers into depositing their money. Cloud Genesis Enterprise does not have any legitimate trading platforms or software, nor does it have any qualified or experienced staff. It simply uses automated bots and algorithms to manipulate the market prices and generate fake profits or losses for its customers.

Location:

Cloud Genesis Enterprise claims to have its headquarters at the 2nd Floor, Tower Business Centre, Tower Street, Swatar BKR4013 Malta. However, this address is false and does not belong to Cloud Genesis Enterprise. The MFSA has confirmed that Cloud Genesis Enterprise does not operate from any address in Malta and that its actual location is unknown.

Customer Service:

Cloud Genesis Enterprise has very poor customer service if any at all. Customers who try to contact Cloud Genesis Enterprise via phone, email, or live chat are either ignored or met with rude and unprofessional responses. Customers who request to withdraw their funds or cancel their accounts are either denied or delayed indefinitely. Customers who question the legitimacy of Cloud Genesis Enterprise or expose its scam are either threatened or harassed by its agents.

Conclusion:

Cloud Genesis Enterprise is a scam that should be avoided at all costs. It is not a regulated or licensed financial institution in Malta, and it does not provide any genuine or legal financial services. It is a fraudulent entity that operates illegally and dishonestly, exploiting customers’ trust and money. The MFSA has warned the public against dealing with this entity and urged them to report any suspicious activity. If you are looking for a reputable and reliable financial institution in Malta, you should look elsewhere.