B2Broker Warns Investors Against Social Media Scam

Fazzaco learned that B2Broker, a liquidity and technology provider of solutions for the crypto and foreign exchange (FX) industry, has issued a warning against scammers who have approached its customers disguised as the company's CEO, Arthur Azizov.

According to B2Broker, these people are blatant imposters but they can unfortunately be quite convincing. For example, Mr Azizov was recently alerted to a fake Facebook account that was created using his profile. The scammers intends to solict funds from Facebook users by pretending to be Mr Azizov selling B2Broker products and services.

This latest incident is not the first time that the company CEO has been subjected to fake social media accounts, having only recently had to deal with a similar occurrence on Instagram.

Additionally, Mr Azizov highlights that B2Broker is a B2B business and is not involved in any aspect of retail. He never seeks any investments, nor conducts any trading or money management activities. The company strictly deals on a businesses-only basis which should, based on this fact alone, send out a warning flag for anyone approached by "Arthur Azizov" attempting to sell them anything.

As Fazzaco reported earlier, B2Broker has announced the launch of its venture fund, B2Broker VC. The venture fund will enable the investment in, and nurture of external projects that are of interest such as new fintech startups and payment systems, and will create synergies for the group.