Police Arrest EverFX’s Spanish High Gun at Airport in Barcelona

Spanish Police Detain Important Person in EverFX Investment Fraud
On Wednesday, a prominent member of the Spanish branch of EverFX, a fictitious brokerage funding platform, was taken into custody by Spanish police. “Pablo A” was the high gun that was apprehended by the police based on information provided by OCCRP, whose investigations in 2020 revealed the extensive funding fraud network.
Pablo A arrived from Romania and was captured at Barcelona’s El Prat Airport in Spain. According to a joint statement from the Guardia Civil and Mossos d’Esquadra police forces, victims were contacted by “Pablo A” and his cronies “via call centres located on the periphery of the European Union.”
About 17,000 people have reportedly been conned in Spain alone, according to Olive Press, an English-language daily for the country’s expat population. On the other hand, OCCRP notes that EverFX was just one of about 470 investment “brands” associated with the same organised crime gang.
Combined Action
The OCCRP highlighted a joint statement from the police authorities that shows the crime network was taking in almost 50 million euros every three months from thousands of victims worldwide.
The important person’s arrest occurs one month after 15 network call centres in North Macedonia, Georgia, Albania, Ukraine, and Bulgaria were closed by coordinated actions by European authorities. In the course of the November 8–9 raid, police and prosecutors from Germany, Spain, Sweden, Ukraine, and six other European nations detained five people and confiscated various items, including thousands of euros’ worth of cash. The European Union agency for judicial cooperation, Eurojust, led the campaign and provided funding for it.
News Articles Featuring EverFX
The UK Financial Conduct Authority forbade ICC Intercertus Capital Limited, a Cyprus-based company that runs EverFX, from offering CFD devices in the nation in May of last year. At the time, FCA reported that EverFX was onboarding a large number of British traders onto its foreign subsidiaries, even though these entities lacked a licence to operate in the UK. “Several clients were then persuaded to conduct business with foreign affiliates of the EverFX Group, who were not permitted to provide regulated services in the UK, so clients did not have the same degree of protection,” the FCA explained.
However, ICC just disclosed to El Pais, a Spanish daily, that it is unaware of the EverFX investigation. Conversely, EverFX was involved in sports sponsorship, having extended its sponsorship agreement with Sevilla FC, a major football team in Spain.

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