Tag Markets securities fraud warning from Austria
Tag Markets has received a securities fraud warning from Austria’s Financial Market Authority (FMA).
As per the FMA’s February 20th Tag Markets fraud warning;
[Tag Markets] is not authorised to conduct securities transactions in Austria that require a licence, and is not allowed to execute orders on behalf of clients under Article 3 para. 2 no. 6 of the Securities Supervision Act 2018.
In addition to Tag Markets (Tag Markets Ltd), the FMA also cites parent company T.M. Financial Ltd.
Tag Markets is an MLM crypto Ponzi factory. Upon learning Crowd1 Ponzi victims were being funneled into it, BehindMLM first came across Tag Markets in October 2025.
Although its associated shell companies are registered in St. Lucia and Mauritius, Tag Markets is run from Dubai by owner Jared Esguerra.
Tag Markets also has purported ties to Colombia, through co-founder and CEO Kevin Marin.
In addition to targeting Crowd1 Ponzi victims, BehindMLM has reviewed Zeus Funding and Exfusion – both Ponzi schemes are run through Tag Markets.
In addition to Austria, Russia issued a Tag Markets securities fraud warning last month.
As of January 2026, SimilarWeb was tracking ~207,000 monthly Tag Markets website visits.
During the same month top sources of Tag Markets website traffic were Germany (64%), India (8%), the Dominican Republic (7%) and the US (6%).
Promotion of Tag Markets and its associated Ponzi schemes in Austria likely spread from Germany. At time of publication German authorities have yet to take action.
Citizens from the United States should not have been allowed to register at all.
The Tag Markets scammers have already responded to this warning from Austria by expanding their regional restrictions.
Quote from January 11, 2026.
postimg.cc/hQctLbd8
web.archive.org/web/20260111210054/https://www.tagmarkets.com/
Quote from today.
postimg.cc/cvpgK3XM
tagmarkets.com/?r=0
Success Factory/Dagcoin (relabeled now as SF Suite) victims have also been encouraged to use Tagmarkets.
SF Suite remaining marketers presented Tagmarkets as an SF Suite partner that will allow victims to recover some of their losses through trading.
Hello,
a friend of mine was contacting me for a recruitment to tagmarkets.com (T.M. Financials Ltd., incorporated in Mauritius (Company No. C185265) et.) and has already more than 2000 Eur “invested”.
The Project seems alot like Alpscon (already shady) and is straight up a Ponzi scheme. She is promised 2,5% Bonuses if she gets friends involved. 30% are cut from her winnings and there is a fee for an insurance aswell.
The concept of the levers arent new in trading and is a valid strategy, yet all the cuts etc. are not. So how can I help my friend to not invest into these people? or how can I explain to her how all of this stuff works? I would be very grateful!
Have a nice day!
Is Tag Markets registered with financial regulators in your country? Is Tag Markets periodically filing audited financial reports?
If not that’s verifiable fraud. I suspect your friend isn’t going to care about that though. You might have to come to terms with your friend being OK with being a scammer.