Daily Affiliate Alert – FXOffers Funnels Victims into Investingstate Broker Scam

Introduction

An email received today from [email protected] directed recipients to the fraudulent affiliate platform FXOffers (www.fxoffers.cc), promoting its so-called Elite Trading Club campaign. Upon registering, users are contacted by Investingstate (www.investingstate.com), a broker scam run by Wooko Global Ltd, incorporated in the Marshall Islands.

Scam Payment Processors Identified

Payment Processing Partners

The fraudulent operations behind Investingstate utilise several payment processors to handle victim deposits:

1. iPayTotal
   A well-known Indian-British high-risk payment processor, iPayTotal has long been associated with major scams and is frequently linked to cybercrime and money laundering operations.

2. PayTechNo (www.paytechno.com)
   Payments for Investingstate transactions are routed via PayTechNo’s domain. PayTechNo OÜ is a licensed Estonian crypto payment processor operating under the trading name CryptoPayTech (www.cryptopaytech.com).

3. CryptoPayIn by Navasu OÜ (www.cryptopayin.com)
   Another licensed Estonian crypto payment processor, Navasu OÜ operates as CryptoPayIn. Deposits made through CryptoPayIn automatically carry over all user registration details from Investingstate, indicating a tightly integrated system between the two platforms.

Facilitation of Multiple Scams

These three payment processors – iPayTotal, PayTechNo, and CryptoPayIn – have repeatedly appeared across numerous scam investigations. Their involvement suggests that scam facilitation forms a core component of their operational model.

Other Related Scam Operations

Broker Unity and Interactive Trade Schemes

After signing up with Investingstate, victims are sent an email that includes:

• A prompt to make their first deposit via a direct payment link.

• A referral to Broker Unity (www.brokerunity.com), which is another fraudulent broker run by Kode Tech Solutions Ltd, a company also incorporated in the Marshall Islands.

In February 2020, Germany’s financial regulator BaFin issued an official warning against both Broker Unity and its operator, Kode Tech Solutions Ltd. Furthermore, the email signature features the address [email protected], linking it to Interactive Trade (www.interactivetrade.com), yet another broker scam that was blacklisted by the UK FCA in July 2020.

Scam-Or Project Findings

According to Scam-Or Project, these scams are all run by the same network behind Investingstate, Broker Unity, and Interactive Trade, using identical payment infrastructures to process and launder stolen funds from unsuspecting investors.

Protect Yourself

If you encounter Investingstate, FXOffers, or their associated scams, avoid any deposits and report them immediately to financial authorities to protect others from becoming victims.