Lured by a deepfake video, retiree lost over $4,000 in an investment scheme
Investment scams recorded the highest amount of losses, at about $145.4 million, in the first half of 2025.
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Scam Alert: FCA Issued Warning! Check the List of Unauthorized Brokers Below!
Abstract：Attention Traders! Never ignore a warning from a trusted authority like the UK’s FCA. If you do, you could risk losing your money. Check the list below of Scam forex brokers to protect yourself.
Attention Traders!
Never ignore a warning from a trusted authority like the UKs FCA. If you do, you could risk losing your money. To protect yourself, always stay alert and informed. Check the list below of Scam forex brokers which are operating in the forex market without a proper license.
Unauthorised firm details
1. Name: UTForex
Website: https://utforex.net
2. Name: Cryptonite AI
Website: https://cryptonite-ai.net
3. Name: Lab of Crypto / @labofcrypto1 / @LadyofCrypto1
Social Media Details: YouTube: @labofcrypto1 X: @LadyoCrypto
4. Name: MarvexTrader
Website: https://marvextraderapp.net, https://marvextrader-app.net
5. Name: Patrimoine Trade
Address: 25 Copthall Ave, London, UNITED KINGDOM, EC2R7BP
Email: support@patrimoinetrade.pro
Website: https://patrimoinetrade.pro
FCA Alerts
The Financial Conduct Authority (FCA) stated that these firms may be offering or promoting financial services or products without its authorization. The FCA warns clients to avoid dealing with these firms and beware of scams. These firms are not authorized and may be involved in swindling peoples money. Stay alert—investment scams are becoming increasingly common. While forex beginners are often the main targets, even experienced traders are now falling victim too.
Find the FCA Warning List Here
The latest list is available on the official FCA website. To view it, visit the website, go to the News section, and click on Warnings to see the latest list of scam brokers.
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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