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Citidel LTD And Dr Kent Grifly Use False Advertising To Mislead Traders

Citidel LTD and Grifly Capital have engaged in false advertising tactics in an apparent attempt to mislead traders. In what seems to be an investment scam, the owners of this automated trading software have directed innocent victims wanting to profit from online options trading to register and fund trading accounts with certain brokers under false pretenses.

As luck would have it, some of these victims were traders with connections to the SEC and Justice Department, and filed a complaint with the local authorities.

As reported in Binary Scam Alerts, the Citidel LTD App and the Zulander Hack are a part of a growing trend of binary options schemes designed to trick innocent traders into losing their money with market maker brokers, some of which even have a CySec license and are considered to be regulated.