The Traders Domain has received a securities fraud warning from Quebec, Canada.

As per the Autorite des Marches Financiers’ August 21st warning;

The Traders Domain is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Quebec.

Under Quebec law, companies offering passive returns through investment schemes must be registered. Failing to register with the AMF constitutes securities fraud.

The AMF cites The Traders Domain as operating from two known entities; Traders Domain FX Inc. and Traders Domain FX Ltd.

The Traders Domain was a forex ruse Ponzi scheme run by Canadian national Frederick Safranko (aka Ted Safranko, right).

The Traders Domain collapsed in late 2022, dragging down several feeder Ponzi schemes with it.

Note it is unclear why it took the AMF almost two years post-collapse to issue a The Traders Domain fraud warning.

BehindMLM has an interest in OmegaPro, an MLM crypto Ponzi tied to The Traders Domain through Michael Shannon Sims.

OmegaPro co-founder Andreas Szakacs was recently arrested in Turkey. Dilawar Singh, last known to be living in Spain, is believed to be on the run.

A French investigation into OmegaPro was confirmed in July 2024. The US has yet to publicly confirm a criminal investigation into The Traders Domain and/or OmegaPro.

In February 2023 the CFTC filed civil fraud charges against Safranko, Sims and several co-conspirators. The CFTC’s charges pertain to the SAEG series of Ponzi schemes, run by Tin Quoc Tran and Safranko.

The SAEG Ponzi schemes are believed to be part of the The Traders Domain feeder Ponzis.

Following filing of the CFTC’s civil fraud case, both Tran and Safranko went into hiding.

BehindMLM is currently processing a database of The Traders Domain net-winners. The list features many well-known MLM industry figures, including Eric Worre and Holton Buggs.

Pending confirmation via the outcome of ongoing investigations, total funds stolen through The Traders Domain is estimated to be around $3.3 billion.