ZetBull has received a securities fraud warning from the UK’s Financial Conduct Authority.
As per the FCA’s May 26th warning, ZetBull;
We believe this firm may be providing financial services or products in the UK without our authorisation.
This firm is not authorised by us and is targeting people in the UK.
This is the equivalent of a securities fraud warning in other jurisdictions.
ZetBull is a Boris CEO Ponzi offering returns as high as 6500%. Actors from Russia front the scheme, lending ZetBull itself to being run by Russians.
The Central Bank of Russia issued its own ZetBull financial fraud warning last month.
SimilarWeb estimates that traffic to ZetBull’s website has collapsed over the past few months:
Recruitment is up in Jordan but has collapsed everywhere else. France, the current top source of traffic at 25%, is down 32% month on month. Kazakhstan plummeted 67%, Romania 37% and Russia 11%.