The Financial Services & Markets Authority of Belgium has issued a warning on securities fraud about The Future Trade.
FSMA’s warning from September 21;
In Belgium, The Future Trade is not permitted to provide financial services or goods.
Additionally, The Future Trade’s approach has characteristics of a pyramid scam.
All things considered, the FSMA strongly discourages following through on any proposals made by The Future Trade.
A Ponzi scam called The Future Trade first appeared in 2020. The initial version included American actors in a commercial video that was supposedly filmed there.
Early in 2021 is thought to have been the fall of the Future Trade. Midway through 2021, it had a revamp with Russian actors.
At the time of publishing, according to SimilarWeb, Belgium accounted for 14% of all visits to The Future Trade’s website.
At the moment, Vietnam (58%) and the UAE (17%) are the top two countries from which visitors come to The Future Trade website.