The German regulator BaFin has announced an investigation into the broker scam InfluxFinance (www.influxfinance.pro). According to the regulator’s findings, the operator is Incendiary Group Ltd registered on the Commonwealth of Dominica. Victims can lose their money through the ABNCBP cashier via credit and debit cards as well as using cryptocurrencies. The ABNCBP Cashier was most recently found on 24funds, SolidInvesting, and MarketLtd, which run on the same white-label platform as InfluxFinance.
InfluxFinance scam attacks victims in English, German, Italian, Spanish and Russian.
German law enforcement authorities have also recently cracked down on scammers abroad, making arrests in Israel, Ukraine, and Serbia. German consumers and Spanish and Italian retail investors are one of the main targets for the international cybercrime organizations that run these scams.
Stay far away from InfluxFinance and the other broker scams operated by offshore entities or unknown companies and individuals. You will save yourself financial losses, frustration, and the theft and misuse of your data.