SigmaBanc
We checked SigmaBanc 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
SigmaBanc claims to be owned and operated by Primis LLC, a company registered in Saint Vincent and Grenadines Registration, registration number 1860 LLC 2022. We searched Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) and found the company. However, SVG FSA is not a forex regulator. It does not regulate forex brokers or issue forex licenses. Having registration or not, therefore, does not mean being authorized to provide financial services. In addition, the broker also claims to be regulated in the UK, Canada, Danmark, Singapore and Australia. However, we searched the forex regulators in the five countries but found no matching results. That mean the broker is not regulated in the Countries. Moreover, the company Primis LLC has been warned by the Spain Comisión Nacional del Mercado de Valores (CNMV) for twice. (Under the trading name: BBanc and Spotinvest) The truth is that SigmaBanc is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. 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 SigmaBanc.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.