Schatz
We checked Schatz against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
Schatz claims to be incorporated in St. Vincent & the Grenadines as an International Business Company with registration number 300 LLC 2020. However, we did not find any match results to the company name or the registration number in Saint Vincent and the Grenadines Financial Services Authority (SVG FSA). Besides, please be informed that SVG FSA is not a regulatory authority that issues licenses for forex trading or regulates entities offering forex activities. The truth is that Schatz is not overseen by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it 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 Schatz.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.