The OSC issues a warning against Blantomic On December 16, 2024, the Ontario Securities Commission (OSC) issued a warning against Blantomic, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/blantomic
Blantomic
VisitRisk Level - High
Blantomic
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that Blantomic is an unregulated broker Blantomic claims to be a registered company, listing an address in the UK to appear real. However, there are no indications that it is registered with the Financial Conduct Authority (FCA). What's more, the Ontario Securities Commission (OSC) has issued a warning against Blantomic, stating that this broker is not registered in Ontario to engage in the business of trading in securities. In essence, Blantomic is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Blantomic appears to be a scam.
BrokersView has identified that Blantomic's website is currently offline BrokersView found that the domain "https://www.blantomic.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
Is Blantomic really a scam? Dear Investor, Thank you for reaching out to us. We are concerned Blantomic is a scam. While Blantomic claims to be registered and domiciled in the UK, we haven't found any records suggesting that it is authorized by the Financial Conduct Authority (FCA). This implies poor compliance of Blantomic. In addition, the Ontario Securities Commission (OSC) has red-flagged Blantomic for soliciting investors without the required license. Therefore, we have reasons to suspect Blantomic is a scam and strongly suggest you avoid using Blantomic. For a safer trading environment, it is recommended to opt for fully regulated brokers instead. View Source
Help, Blantomic scammed me. Dear Investor, We understand how distressing and frustrating this situation can be. The website of Blantomic is currently inaccessible, suggesting they may have absconded after their fraudulent activities were detected. We urge you to lodge a complaint with your local authorities as soon as possible. In the meantime, we encourage you to file a complaint on our platform. Our dedicated team will thoroughly review your case and work diligently to help you find a possible solution. Rest assured, our team is always here to support you. Lastly, we would like to remind you to be aware of recovery room scams. These unsolicited messages claim they can recover your money for a fee, but in reality, these fraudsters only want to exploit your urgency and drain your finances. View Source
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