SCAM...Smart Markets.FM Listed below are the facts that were experienced by a friend and I was given his permission to share... March 2023 Initial contact with Smart Markets.FM was John M https://www.smartmarkets.fm/About-Us.html May 2023 to September 2023 Portfolio got moved to Daniel R, Senior Account Manager, Financial Advisor • Victim delayed contacting Smart Markets.FM until May---was busy with work. • Made initial/small investment made. • Had “weekly” telephone conversations with Daniel; e.g. how the market is going, how investment is growing, etc. • Tried a test run on how to withdraw a “small” amount of funds. • Got convinced to invest a large sum of money in July. • AFTER the large investment, Daniel mentioned he got transferred to another position/area…next? September 2023 Portfolio got transferred to Joseph M, Senior Account Manager, Financial Advisor. • Did not receive contact from Joseph for a while; whereas, Daniel called “every” week---until large investment was made. • Victim got information/inquiries from his bank and so---decided to make a withdraw from Smart Markets. • Victim was told by Joseph that he would have to pay a large sum for “tax” purposes on the withdraw, because of the Swiss Laws. Victim’s monies could not be released until the taxes were paid in full. Tried to reduce the withdraw amount of funds (e.g. to pay less “taxes” to also see if he could get at least some monies back)---NO LUCK, NO CONTACT, NO ACCOUNT ACCESS, etc. • Note victim did not have and/or was ever given telephone contact numbers for Smart Markets.FM members. • Victim was naïve and too trusting. • Found out later that the phone number Joseph was calling from was NOT a Swiss number but instead was from Quebec (Canada)---area code 418. October Smart Markets • NO contact to date from Smart Markets---would be a GREAT story/episode for Fifth Estate. • Considering on logging a complaint with Canadian Anti-Fraud Centre. #Fifth Estate #FraudReportingSystem https://www.forexbrokerz.com/brokers/smart-markets-review A non-regulated FX-company is a brokerage firm that operates without the license or authorization of any adjustment or monetary regulator. Smart Markets is a trading name owned and operated by Cardiff Global Markets Pty Limited, an Australia registered company. As an Australia-based company, we find no regulatory results about it on the ASIC official website, so we assume that it is a unregulated broker, which is unsafe to trade with.