Alert! TIOMarkets facilitated by Praxis Cashier and FCA-regulated Monsas attacks consumers!
The Spanish regulator CNMV today issued a warning against broker scam TIOMarkets (www.tiomarkets.com). TIO Markets Ltd, registered in St. Vincent & The Grenadines, is allegedly running the scam. Potential victims are chased via the fake site of DonauCapital Wertpapier GmbH (www.donaucapital.es) pretends to be a German investment company regulated by the CNMV. After registration, victims receive a welcome email from TIOMarkets and are redirected to their website.