Antares Trade has received a securities fraud warning from Spain’s CNMV.

The Comision Nacional del Mercadeo de Valores is Spain’s top financial regulator (SEC equivalent).

As per the CNMV’s June 14th warning;

Antares Trade is not authorised to provide investment services detailed in … the Spanish Securities Markets Act.

This is the equivalent of a securities fraud warning in other jurisdictions.

BehindMLM reviewed Antares Trade in May 2020. Through AND points, we concluded Antares Trade was running a Ponzi scheme.

Antares Trade is not registered to offer securities in any jurisdiction

The CNMV’s warning follows a similar securities fraud warning issued by Belgium last month.


Footnote: The linked CNMV warning is provided courtesy of Belgium’s FSMA.

The CNMV website isn’t user friendly both with respect to navigation or linking.