Guy Galboiz

Quick summary on Guy Galboiz

Guy Galboiz is a key figure behind TitanTrade, a notorious binary options fraud that caused significant financial harm to many investors. As the registered owner and director of Gtech Media Development Ltd. (formerly MIG G.A. Marketing Finance Ltd.), Galboiz played a central role in running TitanTrade through this company. His involvement in financial schemes, especially in the binary options market, has drawn significant legal attention.

Legal Action and Lawsuit In 2017, a lawsuit was filed against TitanTrade after a Polish woman claimed a loss of $95,000. The lawsuit revealed that Guy Galboiz, through his company Gtech, was the beneficial owner of TitanTrade. Although the case was withdrawn after the plaintiff received a refund, legal documents confirmed that Galboiz was involved in the fraudulent operations of TitanTrade.

Connection to Gtech and TitanTrade Galboiz’s company Gtech orchestrated the TitanTrade scam by using Ultra Solutions MG Limited, a company with ties to shell corporations. This setup allowed for the manipulation and deception that TitanTrade was built upon. It also involved front individuals like Genevieve Magnan, who facilitated dishonest broker activities for Galboiz’s operations.

TitanTrade’s Deceptive Practices TitanTrade, under the direction of Galboiz, operated with severe fraudulent tactics, including refusal to pay clients and manipulating trading software to ensure clients lost money. Galboiz and his company were instrumental in running a platform that misled and harmed many investors, highlighting the broader issues with unregulated binary options trading.