Too bad! Why is their website closed? No one answered phone calls, no one answered emails. It’s impossible for me to go to their office to ask for money from such a long distance. Even if I did go, it is very likely that the bamboo basket fetching water was in vain. After all, no one knows if the registered address they say doesn’t exist at all. Huiyou’s report caught our attention.
After investigation:
1. Domain Name Survey Results
This domain name was created on October 22, 2019, which is very new.
The domain name survey results are as follows:
2. Claim to be regulated
The platform claims to be a financial derivatives dealer, operated by ”EXE MARKETS LTD” and registered in St. Vincent with registration number 25646 BC 2019.
The screenshot of the platform web page is as follows:
Regulatory Findings
Please note that St. Vincent FSA does not regulate financial derivatives business, and obviously the platform has no effective supervision!
It’s important to report any suspicious or fraudulent activity to the appropriate regulatory authorities as soon as possible and to seek legal or financial advice if you have been a victim of a scam. Many regulatory authorities have processes in place for dealing with complaints about regulated brokers and may take action against them if they have violated any rules or laws.
It may also be helpful to talk to other people who have gone through similar experiences or to reach out to organizations that provide support for victims of investment fraud. It’s also important to understand that being scammed doesn’t reflect on your intelligence or character and you should not be ashamed of falling victim to a scam.