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FMA Stops Firm Promising 350% Returns on FX and Crypto in 60 Weeks

The Financial Markets Authority (FMA), the New Zealand financial market regulator, has issued a permanent order to cease further operations of Validus and all associated companies and individuals. The decision was first made in February 2023 and upheld after the High Court rejected an appeal made by the company's representatives.According to the FMA, Validus has offered clients extremely high return rates on investments and loyalty rewards, reaching 350% over 60 weeks. The company allegedly made... Read More

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Content Topics

Stops

Firm

Promising

350 Returns

Crypto

Weeks

Forex

Posted: Jul 5 2023, 07:17

Author Name: financemagnates

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