Arrow Capital Ltd (LV Grow Markets)
- Waarschuwing MAS Singapore
Investor Alert List
The Investor Alert List provides a list of unregulated persons who, based on information received by MAS, may have been wrongly perceived as being licensed or regulated by MAS. This list is not exhaustive and is based on what was known to MAS at the time of publication.Public warning by FMA Austria against LV Grow Markets / Arrow Capital Ltd
LV Grow Markets / Arrow Capital Ltd
Release Date: 31. October 2019| Categories: Investor Warning
Pursuant to Article 4 para. 7 first sentence of the Bankwesengesetz (BWG; Banking Act), the Austrian Financial Market Authority (FMA) may disclose to the general public by publication on the Internet, in the official gazette "Amtsblatt zur Wiener Zeitung ", or in any other newspaper with nationwide circulation, that a particular natural or legal person (person) is not entitled to carry out certain banking transactions.
By publication in the official gazette "Amtsblatt zur Wiener Zeitung " of 31.10.2019, the FMA hereby informs that
LV Grow Markets / Arrow Capital Ltd
Tana Russet Plaza, Kumul Highway,
Port Vila, Vanuatu
is not entitled to carry out banking transactions in Austria that require a licence. Therefore the acceptance of funds from other parties for the purpose of management (Article 1 para. 1 no. 1 first case BWG) is not allowed.
2019-12-23, Public warning by Consob Italy against Arrow Capital Ltd
Consob warning on
Allianz Capital Ltd (www.capitalallianze.com) - WebNet Ltd (www.2dots.it) - "Cleavesecurities" (www.cleavesecurities.com) - Game Capital Ads Limited (www.welttrades.com e www.it.welttrades.com) - BC Profit2019 (www.bcprofit2019.com) - Terratech Ltd (www.swissfingroup.com) - Dubai FXM Ltd (www.dubaifxm.trade e www.dubaifxm.trading) - "VirtualStocks" (www.virtualstocks.co e www.virtualstocks.cc) - "RoyalFunds" (www.royalfunds.co e www.royalfunds.cc) - Lctrade Ltd (www.lctrade.net) - Arrow Capital Ltd (www.lvgrowmarkets.com e www.partners.lvgrowmarkets.com)
Consob has ordered the black-out of 16 new websites that offer financial services illegally.
The commission availed itself of the powers resulting from the ‘Decreto Crescita’ (‘Growth Decree’; Law no. 58 of 28 June 2019, article 36, paragraph 2-terdecies), on the basis of which Consob can order internet access providers to block access from Italy to websites offering financial services without the proper authorisation.
The companies and websites are listed below:
Allianz Capital Ltd (www.capitalallianze.com);
WebNet Ltd (www.2dots.it);
Game Capital Ads Limited (www.welttrades.com and www.it.welttrades.com);
BC Profit2019 (www.bcprofit2019.com);
Terratech Ltd (www.swissfingroup.com);
Dubai FXM Ltd (www.dubaifxm.trade and www.dubaifxm.trading);
"VirtualStocks"(www.virtualstocks.co and www.virtualstocks.cc);
"RoyalFunds"(www.royalfunds.co and www.royalfunds.cc);
Lctrade Ltd (www.lctrade.net);
Arrow Capital Ltd (www.lvgrowmarkets.com and www.partners.lvgrowmarkets.com).
The number of sites blacked out since July last, when Consob got the power to order blackouts, thus rises to 117. The measures with which the aforementioned companies were ordered to terminate the abusive activity can be viewed on the website www.consob.it.
The black-out of these websites by internet service providers operating on the Italian market is ongoing. For technical reasons, it can take several days for the black-out to come into effect.
* * *
Consob has ordered the same subjects to cease the violation of Article 18 of Legislative Decree no. 58 of 24 February 1998, pursuant to article 7-octies, letter b) of the same legislative decree:
Allianz Capital Ltd through the website www.capitalallianze.com ( Resolution no. 21199 of 18 December 2019 ).
WebNet Ltd through the website www.2dots.it ( Resolution no. 21200 of 18 December 2019 ).
"Cleavesecurities"through the website www.cleavesecurities.com ( Resolution no. 21198 of 18 December 2019 ).
Game Capital Ads Limited , through the websites www.welttrades.com and www.it.welttrades.com ( Resolution no. 21197 of 18 December 2019 );
BC Profit2019 through the website www.bcprofit2019.com ( Resolution no. 21201 of 18 December 2019 ).
Terratech Ltd through the websitewww.swissfingroup.com ( Resolution no. 21206 of 18 December 2019 ).
Dubai FXM Ltd through the websites www.dubaifxm.trade and www.dubaifxm.trading ( Resolution no. 21202 of 18 December 2019 );
"VirtualStocks"through the websites www.virtualstocks.co and www.virtualstocks.cc ( Resolution no. 21204 of 18 December 2019 );
"RoyalFunds", through the websites https://royalfunds.co and https://royalfunds.cc ( Resolution no. 21203 of 18 December 2019 );
Lctrade Ltd through the website www.lctrade.net ( Resolution no. 21207 of 18 December 2019 ).
Arrow Capital Ltd , through the websites www.lvgrowmarkets.com and www.partners.lvgrowmarkets.com ( Resolution no. 21205 of 18 December 2019 );
* * *
Pursuant to Article 99, paragraph 1, letter d) of Legislative Decree no. 58/98, Consob has also banned the offering to the public of investments of a financial nature by Itrade Clubs Corp also through the website www.site.itradeclubs.com/it ( Resolution no. 21196 of 18 December 2019 ). The activity had already been suspended with Resolution no 21093 of 25 September last (see "Consob informa" no. 33/2019 ).
(Published in "Consob Informa" no. 45/2019 - 23 December 2019)
2019-12-23, Public warning by FCA UK against LV Grow Market
LV Grow Market
Warnings Published: 23/12/2019 Last updated: 23/12/2019
We believe this firm has been providing financial services or products in the UK without our authorisation. Find out why to be especially wary of dealing with this unauthorised firm and how to protect yourself from scammers.
Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us.
However, some firms act without our authorisation and some knowingly run investment scams.
This firm is not authorised by us and is targeting people in the UK. Based upon information we hold, we believe it is carrying on regulated activities which require authorisation.
LV Grow Market
Address: Tana Russet Plaza, Kumul Highway, Port Vila, Vanuatu
Telephone: UK; +442039051865; Malaysia; +601548770662; Russia; +74993030097
Owned and operated by Arrow Capital ltd. Be aware that scammers may give out other false details or change their contact details over time to new email addresses, telephone numbers or physical addresses.
How to protect yourself
We strongly advise you to only deal with financial firms that are authorised by us, and check the Financial Services Register to ensure they are. It has information on firms and individuals that are, or have been, regulated by us.
If a firm does not appear on the Register but claims it does, contact our Consumer Helpline on 0800 111 6768.
There are more steps you should take to avoid scams and unauthorised firms.
If you use an unauthorised firm, you won’t have access to the Financial Ombudsman Service(link is external) or Financial Services Compensation Scheme(link is external) (FSCS) so you’re unlikely to get your money back if things go wrong.
If you use an authorised firm, access to the Financial Ombudsman Service and FSCS protection will depend on the investment you are making and the service the firm is providing. If you would like further information about protection, the authorised firm should be able to help.
Report an unauthorised firm
If you think you have been approached by an unauthorised firm or contacted about a scam, you should contact our Consumer Helpline on 0800 111 6768. If you were offered, bought or sold shares, you can use our reporting form.
2020-01-27, Public warning by CNMV Spain against LV GROW MARKETS, ARROW CAPITAL LTD
CNMV ISSUES WARNING TO THE PUBLIC ON UNREGISTERED FIRM
Pursuant to the second paragraph of Article 17 of the Securities Markets Law (recast text approved by
Royal Legislative Decree 4/2015, of 23 October), the Comisión Nacional del Mercado de Valores (National
Securities Market Commission) warns that:
ARROW CAPITAL LTD
LV GROW MARKETS
is not authorised to provide the investment services detailed in Article 140 of the Securities Markets
Law, which include investment advice, or to provide the auxiliary services detailed in letters a), b), d),
f) and g) of Article 141 of the said Law in relation to the financial instruments detailed in Article 2 of the
said Law, including, for those purposes, foreign currency transactions.
For any enquiries, please contact the Comisión Nacional del Mercado de Valores enquiry line on
900 535 015 or visit CNMV’s website (www.cnmv.es).
20 January, 2020.