TriumphFX has acquired two securities fraud warnings from Ontario, Canada.
The Ontario Securities Fee issued separate warnings for TriumphFX and Triumph Int. on December 14th.
OSC cites TriumphFX and Triumph Int. as shell firms in Cyprus and Seychelles respectively.
OSC warns that neither TriumphFX or Triumph Int. are “registered in Ontario to interact within the enterprise of buying and selling in securities.”
Related TriumphFX web site domains famous by the OSC embrace:
- triumphfx.com
- tfxi.com and
- tfxi2.com
TriumphFX is a long-running Ponzi scheme that primarily targets Malaysia.
BehindMLM first got here throughout TriumphFX again in 2017. Since then we’ve reported on TriumphFX
The present standing of TriumphFX is a bit murky.
In 2018 Singapore-based scammer Hermes Leong (proper) was arrested on expenses associated to Triumph World, an earlier iteration of TriumphFX.
Then in October 2022, TriumphFX collapsed following non-payment of withdrawals for weeks.
Regardless of these two important occasions, TriumphFX persists. SimilarWeb tracked ~202,000 visits to TriumphFX’s main “tfxi.com” area in October 2023.
71% of that visitors originated from Malaysia, 13% from Taiwan, 6% from China and 4% from Australia.