ASIC warns against 72 Option and a clone of London Capital Group

The Australian Securities and Investments Commission has placed 72option and a clone of LC Group on its blacklist.

According to the ASIC, 72 Option is trying to get customers in Australia, although it is not regulated, it does’t have the necessary licence.

Therefore ASIC published warning against 72 Option. This broker is not regulated at all.

The second warning is about an illegal clone of the regulated broker London Capital Group (lcg.com). The illegal clone is based at londoncgroup.com and londoncaptialgroupfx.com and it has nothing to do with the regulated company.

3 thoughts on “ASIC warns against 72 Option and a clone of London Capital Group

  1. An online Article titled: “Microsoft’s Biggest Deal EVER Could Make YOU Rich In 7 Days!
    by Alanna Petroff @AlanaPetroff
    Saturday, September 15, 2018”

    Alanna Petroff is a Senior Economist for Yahoo. the content of her article, featured Micorsoft CEO Satya Nadellais, is about a new Bitcoin project called “Bitcoin Revolution” founded by Microsoft guru Bill Gate and Virgin Blue guru Richard Branson. Microsoft invested US$100.000 into their project. There are testimonies about those who have been accumulating profit just after two weeks. When clicking “Bitcoin Revolution” the link then leads to a different website called: trade.tradecapital.com” owned by Trade Capital. there a video featured Bill Gate and Richard Branson talking about Bitcoin. There also is an introductory form to sign-in and then someone rings to explain about their trade and then lead to their platform for deposit of Euro 250 initial. the advertisement and what so called account manager and a representative do not add-up: there are inconsistent.

    I am wondering whether or not ‘Trade Capital’ is a registered company or not? whether they are using Microsoft information in order to mislead people? I also wonder whether or not Alanna Petroff is aware of the link between “Bitcoin Revolution” and “Trade Capital investmentsLLC
    below is their business detail:

    Trade Capital Investments LLC

    Cours de Rive 6, 1204 Geneva, Switzerland

    Department Tel: +41225180988 / Support : +41435081347

    Website: tradecapital.com

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