Blue Trading has suspended trading. Is the SPAM over? Who is Onyx Capital?

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** 3.03.2019 update** Blue Trading Under Investigation By The Crypto Valley Association – The Crypto Valley Association, an association of industries that oversees the Swiss crypto market, is now investigating accusations that were made against one of its members after a platform was closed down in February.


** 1.03.2019 update** We have been asked to create a Google form to collect names and details about all victims, please fill this form if you have been affected by Blue Trading and Onyx Capital fraud.

https://docs.google.com/forms/d/1deiOVZC_OKBPYJe-s0xnl7GRGX7txH0rb-HM4Lwjt6w/viewform

The fake news article on insidebitcoins.com has now received 169 1 star ratings.

** 28.02.2019 update** Thanks to one of our reader we have some names now.

Blue Trading was registed as StronIT GmbH, Germany, Company Registration (in German) new CEO appointed named: Bogdanovs Jevgenii (Russian Name).

The Russian Translation for Onyx Capital is “Oniks Stolitsa”, Jevgenii Bogdanovs according to Company Registration official documents is the new CEO of StronIT since August 18 who took over from Achim Bönninghaus (a German national perhaps).

Sadly, Blue Trading has start sponsoring article like this. The fake news article has received 32 one star ratings in 24 hours, we urge our audience to leave negative feedback on to the site.

According to our sources, here some uptodate stats.

VICTIMS
Count 165
Total balance before incident: €3,703,833
Total balance after incident: -€223,514
Total deposits: €2,395,012
Total withdrawals: €352,355

 

More suspiciously we have seen 2 different companies buying “Blue Trading” keywords in Google. These companies could also be part of the SCAM and possibly Blue Trading criminals are plotting a double dip:

  • https://www.payback-ltd.com/bluetrading/
  • https://ub.mychargeback.com/scammed-by-forex-uk/?affiliate_id=83317 (interesting affiliate id here!)

** 27.02.2019 update** We have been updating this document regularly as soon as we uncover more facts about the Blue Trading fraud. We have been working on a Google Doc to share this information with legal authorities. We need your help to collect as many facts as we can: https://docs.google.com/document/d/1BwGjfxLcvmBftkuQUm3CdFxSK7oIncGurw_NdCWX16Q/ and bring the fraudsters to justice.

The main questions remain, who are the criminals behind Blue Trading and Onyx Capital? Where do they live? One distressed reader has promised a 1 BTC reward for a verified name, address, email and phone number of Blue Trading and Onyx Capital employees or spammers.

Uncovered crypto addresses used to scam clients:

  • Litecoin: LVZPGzeVFLL1oCJGWhZZM6xfifXb4gDb6y
  • Bitcoin: 1KhANvtfZ2nT335dXUFS226hEGbW5jKnvF (over 100 BTC stolen)
  • Bitcoin: 3GTdgusdeBJccQsundn4wEUuBFudEDE5eP (over 5,590 BTC stolen)

As far as we know, scammers are still at large and haven’t been identified. Please come forward if you have any information.

Thanks for your help we have identified the various bank used to defraud their customers.

Beneficiary Name Beneficiary address Bank Name IBAN SWIFT code Bank address
VILARDES GROUP LTD 12 North Row, Mayfair, London, UK, W1K 7DF HSBC UK GB10HBUK40127682816888 HBUKGB4BXXX
62-76 Park Street, London, SE1 9DZ
SecurityPort GmbH Hauptstrasse 134, 51143 Köln, Germany Post Bank Köln 2 DE63760100850103092854 PBNKDEFFXXX
Edmund-Rumpler str 3 51149, Koln Gremberhoven
ION & Maga Consulting GmbH Unsöldstrasse 2, 80538 München, Germany Postbank Nürnberg DE32760100850118579850 PBNKDEFF
90329 Nürnberg BLZ 760 100 85
StronIT GmbH Hauptstrasse 134, 51143 Köln, Germany Postbank Berlin DE16100100100924066108 PBNKDEFF
Eckenheimer Landstrasse 242, Frankfurt, 60320
TrustSecure GmbH Hauptstrasse 134, 51143 Köln, Germany Postbank Köln DE42370100500980910505 PBNKDEFF
Edmund-Rumpler str 3 51149, Koln Gremberhoven
P2P GmbH Rembranot Tower 1096 BC Amsterdam Bunq B.V. NL46BUNQ2206727218 BUNQNL2A
Naritaweg 131-133 1043 BS Amsterdam
Quantex group ltd Bishopsgate, London, UK Barclays Bank PLC GB04BARC20251984410033 BARCGB22XXX
Renaissance Technology Group Ltd Flat A1-A7 2/F, PAHSANG Industrial Park Bldg, Hong Kong DBS Bank 000140981 DHBKHKHH
Millenium City 6, Hong Kong
B2G GMBH Im Ahorngrund 5, 50996 Köln, Germany SPARKASSE KOBLENZ DE65 5705 0120 0000 2646 97 MALADE51KOB
BAHNHOFSTRASSE 11, KOBLENZ, 56068
WORKPLACE CONSULTING GMBH Thurn-und-Taxis-Platz 6, D-60313 Frankfurt am Main FIDOR BANK AG DE65700222000020400501 FDDODEMMXXX
Fidor Bank AG, Sandstraße 33, 80335 München ​
FinTechServices GmBH Konigsalle 60F 40212 Dusseldorf, Germany Grenke Bank AG DE70201304000060002235 GREBDEH1
Neuer Markt 2 76532 Baden-Baden

 

** 26.02.2019 update** We have received an overwhelming amount of emails and we have created a Google doc with shared resources for everyone that has been affected by the Blue Trading FRAUD. Please email editor@dispatchweekly.com to be added to the doc.

Scams are increasing every day in trading as we are hearing exclusive news daily. New investors are the first victim of scammers as they easily fell. Blue Trading launched in 2012 as one of the best-managed. It ceased trading today.

Here Blue Trading statement:

We are very disappointed to announce today that Blue Trading is terminating all trading operations for now.

Any deposits received from 24 February 2019 forward will be rejected/refunded and remaining balances must be withdrawn by 15 March 2019. Please do not deposit funds to Onyx Capital!

On 21 February, our administrative team discovered an enormous trading loss on some trading accounts. This was due to major trading software malfunction. We have spent the last days auditing accounts with Onyx Capital and they are unable to “reverse” any of these transactions caused by the lot allocation error. The client viewer platform software we rent (MIRROR WebTrader) has also been updated now to reflect final balances.  It would obviously be impossible to recover funds trading from while still paying our 3rd party traders and maintaining our monthly financial obligations to keep operating.

However, we WILL be transitioning to a NEW Exchange under a different brand where clients can deposit and have trading in the next months. You MUST withdraw funds now however as they cannot be transferred. Please log-in to your account to check updated status as the values are now showing updated balances.

Onyx Capital has advised us that any remaining client balances are available for withdrawal until 15 March 2019. After that date, Blue Trading’s segregated trading accounts will be closed indefinitely.

We sincerely apologize for this very disappointing event and wish we could continue operating but it is not possible at this time. To follow our traders available on other platforms, please visit the individual trading system link to participate in these programs available independently from Blue Trading as well. 

Could this be true?

This isn’t surprising after reading some of the online feedback. The main question remain, what blue trading set up from the start as fraudulent enterprise louring customers in with the plan to rob them of their savings?

Blue Trading explained that their automated robotic trading software opened several duplicate orders, also with larger than usual lot sizes creating very large losses even though the trades were open under two hours.

The Onyx Capital blame

Brian Hart sent what seams a Onyx Capital Fake statement. Logo is slightly different from the one found on https://en.onyxcapital.com/

However Onyx Capital confirms that what Blue Trading is stating.

Dear Editor,

We are very aware of the Blue Trading situation.

Their trading losses were executed by their own trading software due

to API errors and is not something Onyx Capital can take

responsibility for. There is no "insurance" that has been mentioned

before, for leveraged Crypto trading. This are inherent risk traders

take when trading with high-risk speculative investments. You may take

lawsuit against them if you like, but this is all clearly stated to be

a realistic risk on disclaimers for every trading website.

Thank you,

Vyacheslav

Onyx Capital

We were surprised by their efficiency and speed shown by Onyx Capital to get this statement out. Once again both companies Onyx Capital and Blue Trading stressed how risky the leveraged Crypto trading is and how a lawsuit against them is a waste of time.

On the contrary, we have seen statements sent to our editorial team with forex trades which aren’t matching market performace as well as they aren’t Cryto Trades in the first place:

 

2019.02.22 Long AUD/USD 2019.02.22 8.61 505 -4414.04
2019.02.22 Long AUD/USD 2019.02.22 8.61 506 -9806.23
2019.02.22 Long AUD/USD 2019.02.22 8.61 507 -10636.97
2019.02.22 Long NZD/USD 2019.02.22 0.00 508 4519.79
2019.02.22 Long NZD/USD 2019.02.22 6.89 509 4077.57
2019.02.22 Long NZD/USD 2019.02.22 6.89 510 4266.74
2019.02.22 Long USD/JPY 2019.02.22 6.89 511 -8879.47
2019.02.22 Long USD/JPY 2019.02.22 6.89 512 -6000.49

 

Question remains are Onyx Capital and Blue Trading part of the same plot? Well they registered their domain names in 2002 within 43 days:

 

Domain: onyxcapital.com
Registrar: NameCheap, Inc.
Registered On: 2002-06-17

Domain: bluetrading.com
Registrar: Amazon Registrar, Inc.
Registered On: 2002-07-30

Onyx Capital as CEO appointed ONIKS STOLITSA, there is a Company Registration in Moscow with this name however company activities listed are Jewellery trading. What it appears is that both entities where setup up by the same individuals: Bogdanovs Jevgenii and Oniks Stolitsa

UK Financial Conduct Authority

“We believe this firm has been providing financial services or products in the UK without our authorisation. Find out why to be especially wary of dealing with this unauthorised firm and how to protect yourself from scammers.” we found on this page they go on stating:

“Almost all firms and individuals offering, promoting or selling financial services or products in the UK have to be authorised by us. However, some firms act without our authorisation and some knowingly run investment scams.

This firm is not authorised by us and is targeting people in the UK. Based upon information we hold, we believe it is carrying on regulated activities which require authorisation.”

 

Report an unauthorised firm to the FCA

If you think you have been approached by an unauthorised firm or contacted about a scam, you should contact the FCA Consumer Helpline on 0800 111 6768. If you were offered, bought or sold shares, you can use the official FCA reporting form.

 

Brian Hart the email alias behind the spam

brian.hart@bluetrading.com is the email address used to communicate with the victims. The email originated from a Swiss email provider called protonmail.com which according to their website provides bulletproof anonymity.

“ProtonMail is incorporated in Switzerland and all our servers are located in Switzerland. This means all user data is protected by strict Swiss privacy laws”

Here proof found in the email headers sent to the victims:

smtp.mailfrom=brian.hart@bluetrading.com;
dmarc=pass (p=NONE sp=NONE dis=NONE) header.from=bluetrading.com
Return-Path: <brian.hart@bluetrading.com>
Received: from mail4.protonmail.ch (mail4.protonmail.ch. [185.70.40.27])
by mx.google.com with ESMTPS id f26si4147104wmc.76.2019.02.26.02.58.00
for <XXXX>
(version=TLS1_2 cipher=ECDHE-RSA-AES128-GCM-SHA256 bits=128/128);
Tue, 26 Feb 2019 02:58:00 -0800 (PST)
Received-SPF: pass (google.com: domain of brian.hart@bluetrading.com designates 
185.70.40.27 as permitted sender) client-ip=185.70.40.27;

This means that this Swiss company has been serving all Blue Trading emails anonymously.

Blue Trading founded by Richard Anderson expelled by The Financial Commission

The Financial Commission, a leading independent member-driven external dispute resolution (EDR) organization for international online brokerages that participate in global foreign exchange (forex), derivatives, and CFD markets, announced the 26th of September 26 2018 that it has permanently expelled BluVenture Group Ltd (BlueBroker/BlueTrading) from membership with the Financial Commission.

 

Blue Trading Clients who have been in touch with us

We like to share some of the emails we have been receiving:

“I lost a lot of money with Blue Trading.  Please include me in the google document.  I opened my account on December 27th, 2018 and deposited $100, 000 Euros.  The stress and shock has been horrific and I hope no other unsuspecting clients are duped in the future.” says Lan.

“I lost 60,000 Euros with Blue Trading Scam. Please send me any and all relevant info.  If need be I can send documents confirming the wire to blkue tradings bank in Germaany as well as the trading positions. I look forward to hearing you and am 100% committed to pursuing anything against them if it turned out to be fraudulent.” wrote Carsten N.

“I have invested 12500 euro with blue trading and now I can’t get any of my money” from Karina Y.

“I’m an engineer, working for an oil company …. my only connection with Blue Trading is that my son invested, and then I did, and we both lost the lot despite doing reasonable due diligence. There are 220+ people on the worldwide whatsapp list. Many, including me are actually representing more than one investor. It’s clear that BT are listening in as some of their actions relate to discussion in the whatsapp group – their trustpilot.uk page was renamed as “CINNI Review” to day ….. I happen to be a Russian speaker and CINNI is Russian for ‘blue’.”  from Chris

“I am a single mom and all what I had to support my child was 3000 euro. I found advertisement from a company named blue trading (bluventuregroup Ltd founded by Richard Anderson) that offers 19% monthly profit. I called one of their team (Brian Hart) and I asked one question if I don’t make profit, could I lose my fund and he confirmed that there is no way that this could happen.

I transferred the 3000 euro to them by the beginning of the month, then by the end of the month, all my money has gone and I have negative balance. They announced that they suspended trading and I lost my money due to malfunction of their trading system.
My child and I are facing a serious crisis because of that loss but I still hope in the interference of concerned authorities to protect us. You are here to make this world safer.
I found that the address of their bank’s beneficiary in Germany is shared by many business. I also emailed all financial regulators to provide me with any information. Please keep me updated.” from Suzy

 

“I have been scammed out of 77,000 euros which had grown to 165,000 euros. I researched them , watched their various videos etc and read what people said and they seemed genuine have a 4 year track record with funds easy to withdraw. I am 74 and do not have much money left so this is a horrific shock  and I have a bleak future.

I added money three times so have bank addresses in Europe.  They duplicated trades ie DASH four trades with large lots of 33 . I looked at the charts and these trades should have been in profit. They added a few more trades a day later. I think all these trades were fake. There are a lot of upset people here so these people should be hunted down and arrested as they must have got away with millions.
I believe Onyx Capital must have our money as the trades were fakes and who provided this new system that BT claimed to be using. They seem to be very keen on keeping up the pretence even now. I had one email saying  ‘am so sorry how much did you lose’
They also said that they are auditing all accounts by hand which I would have thought impossible in the time. I believe these were delaying tactics to sort our money away.” from Malcolm
“I have lost money with Blue Trading. I invested 14,000 EUR in October 2018, my account balance was 23,000 EUR when trading suspended. My account balance is now negative. Please let me know if I can be in assistance with claiming the money back” Karrar A.
“what about to alarm local Tax authorities (Germany, Netherlands, UK) due to potential tax avoidance? Tax authorities usually reacts very quickly in these situations and I am pretty sure these guys will have problems to explain incomes on firm’s accounts without taxation. It will help at least to temporarily block their local bank accounts.” from Michal H

Court Case against Blue Group

Would BlueTrading.com (Blue Group) be prosecuted by the US or Russia court of law?

If you have any insights on Blue Group please contact our PR team.