UK FCA confirms FinTelegram warning issued against Trends Turbo

 "In most cases, financial market regulators and law enforcement agencies follow our assessments. We communicate regularly with these authorities and are always available to answer questions. Today, the UK Financial Conduct Authority (FCA) issued a warning against the TrendsTurbo (www.trendsturbo.com and www.trends-turbo.com) broker scam, following FinTelegram’s assessment issued two months ago. Google has done so before. Evidently, our conclusions are more often correct than not. We have an interesting story with TrendsTurbo in the first place.


On June 7, 2021, we issued an investor alert against the TrendsTurbo scam promoted by the Bitcoin Code fraud campaign. This disturbed the scammers. On 21 June 2021, the operators of TrendsTurbo (www.trendsturbo.com) broker scam filed an infringement claim with Google alleging that our investor warning would infringe the copyrights of another website. They wanted Google to exclude our warning from the search results. We filed a counterclaim, and thus Google reinstated our article. We also researched TrendsTurbo more intensively and published additional information. The UK FCA apparently followed our assessment and qualified TrendsTurbo as an illegal broker and scam. FCA has certainly come to this conclusion based on its own audit.


The TrendsTurbo broker scam has been promoted the fraudulent Bitcoin Code campaign (www.bitcoincodesoft.com). Upon registering, one eventually ends up on the cashier page of the scam broker TrendsTurbo (www.trends-turbo.com). The TrendsTurbo a/k/a Trends Turbo broker scam is allegedly operated by KMA Group LLC, registered in St. Vincent and the Grenadines. The scam is quickly recognizable as such. Actually, no people should fall for it. Stay far away and secure your money by doing so.


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