Uwe Lenhoff

EFRI charges Payvision with facilitating investment fraud

EFRI charges Payvision with scam facilitation claiming restitution payments

Leave a Comment / Compliance, Payvision / By

Scam facilitating payment processors are the key for scammers to defraud consumers. The European Funds Recovery Initiative (EFRI) has sent a letter of formal notice to the ING subsidiary Payvision and asked for restitution payments for the victims of scams of the German Uwe Lenhoff, who died in prison. Lenhoff should have been charged with …

EFRI charges Payvision with scam facilitation claiming restitution payments Read More »

Investor Warning – The Israeli EZInvest, WGM Services, the SEC Penalty, a Bulgarian Connection, and the CySEC incompetency

Leave a Comment / Regulation / By

For some time now, WGM Services Ltd, registered and licensed in Cyprus, has been offering CFDs to customers through the CySEC-approved domain www.ezinvest.com. The offering is aimed at retail investors around the world and is available in several languages. However, the people behind WGM Services and their companies are not trustworthy and have already been …

Investor Warning – The Israeli EZInvest, WGM Services, the SEC Penalty, a Bulgarian Connection, and the CySEC incompetency Read More »

VELTYCO – Regulated Financial Trading Brand Scheduled For 2019

Leave a Comment / Investors Protection, Regulation / By

 On December 31, 2018, the public-listed VELTYCO of Uwe LENHOFF (main shareholder) and Marcel NOORDELOOS (CFO) announced that it expects the launch of its own regulated financial trading brand in the first quarter of 2019. The company originally announced this regulated financial brand for the last quarter of 2018 already. According to the announcement as …

VELTYCO – Regulated Financial Trading Brand Scheduled For 2019 Read More »