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SafeCaps

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Operating status: SCAM

Website: https://www.safecap.io/; https://www.safecaps.io/

Broker violations and abnormal records
  • 2022-10-04 The UK FCA Warns that SafeCaps is a Clone Firm

    On 5 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that SafeCaps was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/safecapsio-clone-fca-authorised-firm


    On 5 Oct 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that SafeCaps was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm. You may visit: https://www.fca.org.uk/news/warnings/safecapsio-clone-fca-authorised-firm
  • 2022-10-08 BrokersView has Reviewed that SafeCaps is an Unregulated Forex Broker

    SafeCaps claims to be operated by AEGION GROUP LTD, a company registered in St. Vincent and the Greadines with registration number 25682 BC 2019. However, we searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found no matching result. That means the company is not registered with SVG FSA. Besides, SVG FSA is not a forex regulator. Having the registration or not, therefore, does not mean being authorized to provide financial services. 

    Moreover, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that SafeCaps was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm.

    The truth is that SafeCaps is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    SafeCaps claims to be operated by AEGION GROUP LTD, a company registered in St. Vincent and the Greadines with registration number 25682 BC 2019. However, we searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found no matching result. That means the company is not registered with SVG FSA. Besides, SVG FSA is not a forex regulator. Having the registration or not, therefore, does not mean being authorized to provide financial services. Moreover, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that SafeCaps was a clone firm. The fraudster was using the details of firms UK FCA authorise to try to convince people that it works for a genuine, authorised firm.The truth is that SafeCaps is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
  • 2023-08-20 The FCA updates its warning against SafeCaps

    On August 21, 2023, after finding SafeCaps old domain (safecaps.io) disabled, the Financial Conduct Authority (FCA) updates its warning against this fraudulent platform adding a new domain (safecap.io) and warned the public of this clone firm. https://www.fca.org.uk/news/warnings/safecapsio-safecapio-clone-fca-authorised-firm

    On August 21, 2023, after finding SafeCaps old domain (safecaps.io) disabled, the Financial Conduct Authority (FCA) updates its warning against this fraudulent platform adding a new domain (safecap.io) and warned the public of this clone firm. https://www.fca.org.uk/news/warnings/safecapsio-safecapio-clone-fca-authorised-firm
  • 2024-01-23 The CNMV issued a Warning against SafeCaps

    On 22 January 2024, the Comisión Nacional del Mercado de Valores (CNMV) issued a warning that SafeCaps was providing financial services or products without authorisation. You may visit: https://www.cnmv.es/portal/resultadobusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=1

    On 22 January 2024, the Comisión Nacional del Mercado de Valores (CNMV) issued a warning that SafeCaps was providing financial services or products without authorisation. You may visit: https://www.cnmv.es/portal/resultadobusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=1
  • 2024-02-29 The Italian regulator CONSOB ordered the website of SafeCaps to be blacked out

    On 1 March 2024, the Italian Companies and Exchange Commission (CONSOB) ordered the website of SafeCaps to be blacked out: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-1-march-2024/718268

    On 1 March 2024, the Italian Companies and Exchange Commission (CONSOB) ordered the website of SafeCaps to be blacked out: https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-1-march-2024/718268
  • 2024-03-07 The German BaFin issues a warning about SafeCaps

    According to BrokersView's database, SafeCaps has two web addresses, safecap.io and safecaps.io. On March 8, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the former website, safecap.io, saying it is providing financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_03_07_Aegion_Group_Ltd_en.html

    According to BrokersView's database, SafeCaps has two web addresses, safecap.io and safecaps.io. On March 8, 2024, the Federal Financial Supervisory Authority (BaFin) warned consumers about the services offered on the former website, safecap.io, saying it is providing financial and investment services on this website without the required authorization. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_03_07_Aegion_Group_Ltd_en.html
  • 2024-03-18 The CySEC issued a Warning against SafeCaps

    On 19 March 2024, the Cyprus Securities and Exchange Commission (CySEC) issued a warning that SafeCaps was providing financial services or products without authorisation. You may visit: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=bc404704-b901-4ff7-bb4b-9ce3d6d81b4e

    On 19 March 2024, the Cyprus Securities and Exchange Commission (CySEC) issued a warning that SafeCaps was providing financial services or products without authorisation. You may visit: https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=bc404704-b901-4ff7-bb4b-9ce3d6d81b4e

Related Complaints

Q&A

Is this forex scammer?

Devlin
South Sudan
2022-10-11
ANSWER SafeCaps is not a licensed or regulated broker even though it states offers that look good to be true. SafeCaps claims to be operated by AEGION GROUP LTD, a company registered in the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) with registration number 25682 BC 2019. However, we did not find any match results to the company name or the registration number in SVG FSA.Moreover, the United Kingdom Financial Conduct Authority (FCA) issued a warning that SafeCaps was a clone firm, which falsely uses regulatory details of an FCA-regulated firm. You can check the full warning from here.The truth is, SafeCaps is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like SafeCaps and trade with licensed brokers.
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5 comments

Erik Schmitz
First this company seems reliable. But as soon as I mentioned withdrawal some of the profit, they wanted to have me send more money first. I was also contacted by Mr. Martin Olson from www.safecap.io several times.He wanted to have more deposits before withdrawal.Till now I did not get a refund.I would not recommend this company.
2024-03-27
Reply
Ed Berg
This platform has contacted me by Mr. Martin Olson. I can only warn you for this company and this man. I invested and made profit, but they refuse to pay the investment and/or the profit back to me.
2023-10-20
Reply
Erik Schmitz
Safecaps OPLICHTERS.Martin Olsen van SFC beloofde een veilig platform om geld te investeren om winst te maken.In elk contactmoment wilde hij me overtuigen om meer te investeren.Ze nemen uw computer over en proberen u uw account te laten openen.De hoeveelheid geïnvesteerd geld lijkt in korte tijd te groeien.Het probleem treedt op als u een bepaald bedrag opnieuw wilt opnemen.Het is me niet gelukt om een deel van mijn geld terug te krijgen.Ze dreigen uw account te sluiten, maar als u zelfs het geïnvesteerde geld niet kunt opnemen, kunt u zelf beslissen om met dit bedrijf samen te werken.Ik heb de recensies te laat gelezen.
2023-10-03
Reply
Anon partscammed
Apologies.. the software for emptying victims accounts is AnyDesk. Not Any viewer. Anyway, fortunately is did not do as instructed.
2023-09-01
Reply
Anon partscammed
Thank you. I can add to that, this organisation of scammers want their victims to download Anyviewer in order to take control of their computers. Their scammers use pressure tactics to hurry their victims into making fast decisions using their victims fear of missing out on the 'opportunity'. This is heightened by making you believe there is a waiting list and that getting in with them is quite difficult, hence the victims being made to feel they should ignore red flags to not mess up their chances of registering with them.I did not go as far as to download the software. I saw too many red flags and this was the clincher that is was a scam.The pressure will continue for a long time after you refuse their invitation. Bottom line is, they have several methods to take your money, and downloading the software would allow them free reign of your computer and your bank accounts.
2023-09-01
Reply
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