NovaTech FX @ BehindMLM

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.

NovaTech FX investors are having withdrawal troubles. As per corporate updates shared with investors on Telegram, payment processor CoinPayments is being blamed.

NovaTech FX has received a securities fraud warning from the British Columbia Securities Commission. As per the BCSC’s October 11th warning;

NovaTech FX investors are claiming the FBI audited and approved the suspected Ponzi scheme. CEO Cynthia Petion has endorsed the claim, affirming she personally received a copy of the “seven hundred page” audit.

NovaTech FX has received a securities fraud warning from the Central Bank of Russia.

NovaTech provides no information on their website about who owns or runs the business. NovaTech’s website domain (“novatechfx.io”) was registered on June 17th, 2019. NovaTech LTD is listed as the owner, through what appears to be a bogus incomplete address (Vatican City). On its website NovaTech claims to be “registered in the USA, British Virgin [Continue reading…]