How to check bank or EMI reliablility? Guideline for noob

[eleb2019]

Dear all,

Please share some short guideline for noob. How to check the bank or EMI to avoid scammers? What and which document should i check online? possibly there are some systems that can show the detailed information about financial structure that i want to check.

 

[Martin Everson]

1. Find who owns it and google them with word "scam" after name
2. If‌ based in Eastern Europe and if connected to Russia avoid
3. Check they have a‍ license with regulator or their Central Bank
4. Check Trustpilot website for any feedback
5. Check office address on google maps to see it is not a cow shed
6. Look at website quality and trust your gut instinct
7. If Russian owns the EMI⁠ avoid like the plague
8. See point 2 and 7
9 See point 2 and⁤ 7
10. See point 2 and 7

 

[Mr Magoo]

I would also check the underlying bank that hold the funds for the EMI The‌ EMI may be OK but if the bank holding the funds of the EMI depositors‍ is crap, you run a risk as well.

 

[Tax Cow]

LOL!

This reminds me of something. A mailbox attached‍ to a high-voltage mast in the middle of a cow pasture is a good-old Eastern⁠ EU style burial place for dead companies.

For our younger audience, when an owner wants⁤ to get rid of a badly indebted company without formalities, he will change the legal⁣ address and gift his shares to a buyer not much smarter than an orc. Imagine⁢ a Friday night, a trashy countryside pub, a dude on the floor who will "do︀ anything" for a drink and plate of ribs.

 

[eleb2019]

I see.︀ 50% of work to avoid scammers is to avoid Russian's. If we take Europay SRO︁ as an example how can i check the owners? there are a lot of documents︂ on their website with scans of licenses from Chech National bank and Swift but no︃ any information about their management and board.

 

[Martin Everson]

100% Yes

They sent you an email you said that had on it 1sterling.uk website. You‍ will find all you need to know once you open up that Russian website.

You can see the Azerbaijan correspondence accounts details below they use to process EUR/RUB/USD.

https://europay.cz/file/2018/06/ERSOCZPP_data_export_20180614_015725.pdf
You can also check on their license on Czech national bank website. EuroPay company ID is⁠ 28435206.

https://apl.cnb.cz/apljerrsdad/JERRS.WEB09.DIRECT_FIND?p_lang=en
You can also check company register for details on the people behind it⁤ and you will find they are......................Russians. ns2

http://cz.europay.cz/file/2018/06/Trade-registry-extract.pdfhttps://rejstrik-firem.kurzy.cz/28435206/europay-sro/

 

[Martin Everson]

Anyone remember EQIBank in Dominica thread...aka Interoceanic Bank of⁠ the Caribbean. It even had me fooled until @squiddy investigated it. This is the banks⁤ office below

You can read the full story of this brass plate Russian laundromat bank below..lol.

https://www.wantedsa.com/index.php/...s-plate-bank-in-dominica-offering-investments

 

[eleb2019]

Good investigation =) and if you google the name of owner in Russian yandex.ru or︀ google.ru there are lot of interesting information. But seems that he isnt hiding, because he︁ is promoting europay services on his own facebook account.