NovaTech FX @ BehindMLM

The collapsed NovaTech FX Ponzi scheme looks set to drag its exit-scam on for the foreseeable future. With a previously set April 1st deadline approaching to provide access to invested funds, Cynthia Petion has now confirmed excuses will continue for “several more months”.

Following confirmation NovaTech FX operates illegally across the country, the Canadian Securities Administrators has issued a nationwide securities fraud warning.

NovaTech FX has received a securities fraud warning from Quebec’s Autorite des Marches Financiers. NovaTech LTD was added to the AMF’s investor warnings list on February 3rd, 2023.

NovaTech FX has been issued a temporary cease trade order by the Ontario Securities Commission.

The NovaTech FX Ponzi scheme has collapsed. In a communication sent out to investors on February 5th, “NovaTech Admin” advised withdrawals have been disabled.

NovaTech FX has received a securities fraud notice from Saskatchewan’s Financial and Consumer Affairs Authority.

The Ontario Securities Commission has issued a NovaTech FX securities fraud warning.

NovaTech FX has received its second securities fraud warning from Canada. On October 14th the Alberta Securities Commission added NovaTech FX to its Investment Caution List. As per the ASC’s website, companies on the list

In response to a Californian securities fraud cease and desist issued last week, NovaTech FX has rolled out securities fraud pseudo-compliance.

NovaTech FX has been issued a securities fraud cease and desist by California’s Department of Financial Protection & Innovation (DFPI). The notice marks the first regulatory action against NovaTech FX by a US regulator.