Red Flags
29
Infinox Capital
The Infinox Capital scandal involved a high-risk forex trading scheme that resulted in £4 million in losses, with accusations of fraud and lack of transparency. The FCA has launched an investigation into the company’s role.
Quick summary on Infinox Capital
Deceptive Marketing: Influencer Gurvin Singh promoted high-risk forex trading, promising easy profits to inexperienced investors.
Unregulated Activities: Infinox Capital operated through offshore entities with minimal regulation, exposing clients to increased risks.
Massive Losses: Investors lost £4 million due to market volatility and misleading trading practices.
Lack of Transparency: The company failed to clearly disclose risks involved in forex trading, leading to accusations of fraud.
Regulatory Scrutiny: The FCA is investigating, but no sanctions have been imposed yet.
Intel Reports
by: Sadie Jenkins
Gurvin Singh and Infinox Capital are nothing more than frauds preying on unsuspecting investors. The lack of regulation and misleading promises of easy profits led to massive losses stay away!!!
by: Connor Bailey
They misled investors about the risks involved in forex trading, and now people are facing massive losses. This is nothing short of a scam disguised as a trading opportunity.
Cons