Home / Posts tagged 'Golden Passport'

  • EU Commission takes action against Cyprus and Malta’s malicious Golden Passports Schemes

    EU Commission takes action against Cyprus and Malta’s malicious Golden Passports Schemes

    EU passports are highly prized as they give their owners the right to travel, live, and work freely in all 27 members of the union. Unfortunately, some countries such as Cyprus and Malta sell citizenships and thus EU passports as part of investment programs for the sole benefit of these countries. Most recently, Al Jazeera has revealed that Cyprus is also offering its "Golden Passport" scheme to convicted criminals and money launderers. Now the EU Commission takes action to terminate this malicious approach.

     
  • CySEC confirms receipt of Maxigrid Request 4 Action

    CySEC confirms receipt of Maxigrid Request 4 Action

    Over the last months FinTelegram has received plenty lot of evidence that suggests the involvement of Roy Almagor's CySEC-regulated Maxigrid Ltd in broker scams like RoyalsFX or LincolnFX. These scams have harmed thousands of EU small investors. However, the legal responsibility to investigate the allegations lies with the responsible regulator CySEC and law enforcement. We have therefore sent a Request 4 Action to the CySEC Chairwoman and Europol. The receipt was confirmed by email and the clock is running.