Caveo
We checked Caveo against the AskCheck register. It has been reported (2024) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Caveo claims to be a authorized Brokerage Company located in Kuwaiti and licensed by Kuwait's Ministry of Trade and Industry, offering a range of investment products to traders, including Forex, Commodities, Indices and more instruments in financial and international markets. But there is no detailed financial services licenses. A company that offers financial services must have financial license in the country where it is located. Upon investigation, Caveo Brokerage Company is not authorised and regulated by the Capital Markets Authority of Kuwait. The truth is that Caveo Brokerage Company is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws. Caveo Brokerage Company is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report Caveo.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.