Press releases -

The Financial Services and Markets Authority (FSMA) has, on several occasions, warned the public against the activities of various companies that are operating unlawfully in Belgium.

The list includes:

companies that offer, in or from Belgium, financial services and products without complying with Belgian financial legislation (no authorization / failure to publish a prospectus / etc.);
companies about which, in addition to any infringements of the financial legislation and regulations the FSMA supervises, the latter has identified serious evidence of investment fraud;
companies behind 'recovery room' fraud.

This list cannot be considered as exhaustive.

Title	Company name	Website	Type of fraude	Date Sort descending
Alternative investment products (rare earths, precious metals, diamonds, etc.): be on your gard!			Alternative investments	08/05/2017
The FSMA warns the public against the activities of GTI Net (Global Trading and Invest Network)	GTI Net (Global Trading and Invest Network)	https://www.gti-net.com/	Ponzi schemes / Pyramid schemes	14/11/2017
The FSMA warns the public against the activities of International Markets Live LTD (Imarketslive)	International Markets Live LTD (Imarketslive)	http://www.imarketslive.com/	Ponzi schemes / Pyramid schemes	25/01/2018
Cryptocurrency trading platforms: beware of fraud!		http://www.01crypto.net http://www.btc-cap.com http://www.capital-coins.com http://www.coinquick.net http://www.cryptavenir.com http://www.crypto-banque.com http://www.crypto-infos.com http://www.cryptos.solutions http://www.cryptos-currency.com http://www.ether-invest.com http://www.eurocryptopro.com http://www.finance-mag.info http://www.gme-crypto.com http://www.gmtcrypto.com http://www.gmt-crypto.com http://www.good-crypto.com http://www.mycrypto24.com http://www.nettocrypto.com http://www.patrimoinecrypto.com http://www.ydconsultant.com	Cryptocurrency	22/02/2018
Cryptocurrency fraud: don’t be taken in!		http://www.afaeu.com http://www.bk-coin.com http://www.capital-traders.com http://www.cryptoallday.com http://www.cryptonetto.com http://www.cryptosafe.tech http://www.dca-finance.com http://www.elos-patrimoine.com http://www.finances-markets.com http://www.iminage.com http://www.investissement-crypto.com http://www.kryptonexlabs.com http://www.kryptowize.com http://www.lacentraledescryptomonnaies.com http://www.london-exchange.net http://www.parel-invest.com http://www.positiva-ad.com http://www.save-coins.com http://www.tradabank.com http://www.trade-my-bitcoin.net http://www.vip-brokers.com	Cryptocurrency	26/10/2018
Have you been offered a lucrative investment over the phone? Don’t be taken in!			Boiler rooms	08/01/2019
Be wary of investment fraud!	JT Europe GBE Capital	http://www.jt-europe.com https://www.gbe-capital.com/	Wealth management	01/03/2019
First SkyWay Invest Group Limited ('SkyWay Capital')	First SkyWay Invest Group Limited (« SkyWay Capital »)		Ponzi schemes / Pyramid schemes	17/05/2019
Offers of investment in wine: beware of fraud!	Cabinet Conseil d'Expert Grands Crus Europe LGC Wine Place Aux Vins	https://www.cabinetconseildexpert.com http://www.grandscrus-europe.com https://www.lgc-wine.com http://www.pfm.cabinetconseildexpert.com https://www.place-aux-vins.com	Alternative investments	22/05/2019
Be wary of investment offers made through social media			Others	30/09/2019
Kuvera Global	Kuvera Global	http://www.kuveraglobal.com	Ponzi schemes / Pyramid schemes	09/10/2019
The FSMA warns against fraudulent credit offers			Credit fraud	11/10/2019
Irico SA	Irico SA	https://www.iricosa.com	Others	12/11/2019
The FSMA warns against fraudulent credit offers			Credit fraud	06/12/2019
The FSMA warns against GBL Service	GBL Service (cloned firm)	https://gbl-service.com	Credit fraud	14/01/2020
Fraudulent credit offers			Credit fraud	27/01/2020
Evolutive Banque (Revolt-Finance)		http://www.Revolt-Finance.com	Credit fraud	27/01/2020
Imperial Finances		https://www.imperial-finances.com/	Credit fraud	27/01/2020
Fraudulent online trading platforms: the FSMA updates its list of suspicious sites		http://www.alltrademarkets.com http://www.bormancorp.com http://www.duxacapital.com http://www.expertbase27.com http://www.intrgroup.com https://intrgroups.com/ http://www.mysafemarket.com http://www.duxacapitalz.com/	Fraudulent online trading platforms	06/02/2020
Offers of investment in Whisky: beware of fraud!		https://www.epargne-whisky.com https://www.whisky-prestige.com	Others	11/02/2020
Identity theft from authorized companies: beware of fraud!			Others	13/02/2020
www.intesa-gestion.com (cloned firm)		https://www.intesa-gestion.com	Others	18/02/2020
www.ingroupe-online.com / www.market.online-ingroupe.com (cloned firm)		https://www.ingroupe-online.com https://www.market.online-ingroupe.com	Others	20/02/2020
www.winbankfinance.online (cloned firm)		https://www.winbankfinance.online	Others	20/02/2020
Fraudulent wealth management offers: Stay vigilant!		https://www.aes-financial.com https://www.actio-prevoyance.com https://www.cesco-invest.com https://www.ingroupe-online.com https://www.winbankfinance.online	Others	20/02/2020
https://secure-aes-financial.com (formerly aes-financial.com) – cloned firm		https://www.aes-financial.com https://secure-aes-financial.com	Others	20/02/2020
www.actio-prevoyance.com		https://www.actio-prevoyance.com	Others	20/02/2020
www.cesco-invest.com (cloned firm)		https://www.cesco-invest.com	Others	20/02/2020
Cryptocurrency fraud: the FSMA updates its list of suspicious sites		https://www.man-investments.com https://www.mgclogic.com https://www.mycoin-banking.com	Cryptocurrency	21/02/2020
www.central-spot.com (cloned firm)	Central Spot (cloned firm)	https://www.central-spot.com	Alternative investments	24/02/2020
Fraudulent credit offers			Credit fraud	25/03/2020
Access Centrale Bank		https://www.access-centrale.com	Credit fraud	25/03/2020
BCI Financial		https://www.bcifinancial.com	Credit fraud	25/03/2020
Fast Loan International		https://www.fastloaninternational.com	Credit fraud	25/03/2020
Rossen Financiën		https://www.rossen-financien.com	Credit fraud	25/03/2020
Salem Lening		https://www.salem-lening.com	Credit fraud	25/03/2020
Trust Online Credit bvba (cloned firm)		https://www.trustonlinecreditbvba.com	Credit fraud	25/03/2020
We zijn verenigd		https://www.wezijnverenigd.com	Credit fraud	25/03/2020
Wij zijn de oplossing		https://www.wij-zijn-de-oplossing.com	Credit fraud	25/03/2020
Gato Capital Partners		https://gatocapitalpartners.com/	Boiler rooms	27/03/2020
Compass Consulting Group		http://www.compassconsultinggroup.co.uk/	Boiler rooms	27/03/2020
J McKenzie / McKenzie International Investments		http://www.jmmckenzie.com/ https://mckenzieinternationalinvestments.com/	Boiler rooms	27/03/2020
Sapone Trading		http://www.saponetrading.com/	Boiler rooms	27/03/2020
Byron-Stafford		https://byron-stafford.com/	Boiler rooms	27/03/2020
Larkin Asset Management		http://www.larkinassetmanagement.com	Boiler rooms	27/03/2020
Boiler rooms: the FSMA warns the public against unlawful activities	Gato Capital Partners Compass Consulting Group J McKenzie / McKenzie International Investments Sapone Trading Bryon-Stafford Larkin Asset Management		Boiler rooms	27/03/2020
COVID-19 - Investment fraud: more than ever, prudence is essential!			Others	27/03/2020
Beware of attempts at phishing in relation to COVID-19!			Others	27/03/2020
www.financial-liquidity.com (cloned firm)		https://www.financial-liquidity.com	Others	01/04/2020
COVID-19 : Beware of fraudulent investment offers and scams that are circulating on social media!			Others	01/04/2020

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PLEASE NOTE:

The fact that the FSMA has not published a warning about a company does not mean that the latter company holds the necessary authorization or registration to operate in Belgium. Although the FSMA does everything it can to publish a warning as soon as possible, it is not impossible that a company engages in activities before such a warning has been published. As a result, the list cannot be considered as exhaustive, and investors are always advised to check if a company that is offering them a financial service holds the requisite authorization or registration. They can do so using the search function on the FSMA website.
The FSMA also points out that in general, such unlawful offers of financial services often constitute fraud. In such cases, it is almost impossible for victims to recover the sums invested.
Be wary of 'cloned firms'. These are companies that pass themselves off as different, regulated undertakings even though they in fact have no connection with the latter. Investors can detect this type of fraud by comparing the email addresses or contact details for the companies in question.

If you have the least doubt, please don’t hesitate to contact the FSMA directly via the consumer contact form. As well, feel free to notify the FSMA if you have been in contact with a suspicious company that has not yet been the subject of a warning on its part.