MTFE
We checked MTFE against the AskCheck register. It has been reported (2023) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
On MTFE website, it claims to be regulated under the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) (MSB No.: M22076570). However, FINTRAC is Canada's financial intelligence unit and its mandate is to facilitate the detection, prevention and deterrence of money laundering and the financing of terrorist activities, while ensuring the protection of personal information under its control. It doesn't regulate any Forex investment activities. The truth is, MTFE scam is not under valid regulation by any regulators to provide investment services. Investors' funds in this company are unsafe and cannot be protected by any law. It is a scam. Investors are advised against dealing with it, as MTFE trading service is fake.
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 MTFE.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.