The number of fraudulent brokers has almost tripled in 2024 compared to 2023. Along with the interest in investments, the number of fake brokers is also growing – companies that pose as financial institutions.
The regulator noted increased activity from illegal forex dealers. Now they offer clients to use cryptocurrency to top up accounts in personal accounts and buy shares.
“The most “in-demand” service advertised by illegal projects was the ability to trade on cryptocurrency exchanges and the foreign forex market. Fraudsters continue to use the legend that the company has a license from a foreign regulator, guarantee a profitable purchase of securities and offer trading with huge leverage,” the document says.
To participate in trading, fake brokers attract investors through social networks and personal consultations in Telegram channels. At the same time, the practice of cold calling (from unknown numbers or via messengers) has resumed.
