Red Flags
4
Lee Ron More
Capitalix and its related entities operate without proper regulatory approvals, leaving investors vulnerable to financial losses and fraudulent practices.
Quick summary on Lee Ron More
Offshore Operations & Regulatory Concerns:
Capitalix claims to be headquartered in Cyprus, but it is actually operated by 4Square SY Ltd., a Seychelles-registered company. The firm lacks regulatory approvals in key regions like MENA, Asia, and South America, exposing investors to financial risks.
Dubious Connection to iTrade Global & Lee Ron More:
There are personal connections between Capitalix and iTrade Global (CY) Ltd., a CySEC-regulated entity. Notably, Lee Ron More, an Israeli director, is linked to multiple entities, including Capitalix, raising concerns about corporate transparency.
Lack of Investor Protection:
Capitalix clients do not benefit from any investor protection schemes or Financial Ombudsman services, putting their funds at risk in case of disputes or financial troubles.
Regulatory Actions Against Related Companies:
CySEC took enforcement actions against Maxigrid Ltd., a company associated with Lee Ron More. The company faced fines, bans, and regulatory scrutiny for its involvement in unauthorized financial activities and scam-like operations.
Financial Instability & Investor Losses:
Maxigrid Ltd., linked to Lee Ron More, failed to pay debts and compensate investors, prompting CySEC to initiate a compensation process.
Intel Reports
by: Crew Reeves
Trust is earned, not demanded. Too many red flags to ignored🚩
Pros
Cons
by: Amirah Byers
A little too good at dodging direct questions… makes you wonder why🤔
by: Kamari Santana
Feels like a walking PR campaign—lots of words, little substance
by: Alisha Sheppard
If something seems too good to be true, it probably is. This is no exception.