LBLV – Withholding funds, suspected scam

We recommend exercising caution when dealing with LBLV Limited. 

The FMA is aware of a New Zealand investor who invested with LBLV Limited after being promised large returns. When the investor tried to withdraw profits they were asked to pay unreasonably large fees and taxes before the withdrawal requests could be processed. Even after these fees and taxes were paid, no funds were released. 

Several overseas regulators have also issued public warnings about LBLV Limited: 

• Australian Securities and Investments Commission: Investor warning - LBLV 
• Financial Conduct Authority: LBLV
• Comision Nacional Del Mercado De Valores: CNMV 
• National Securities and Stock Market Commission: Investors’ Protection – НКЦПФР|НАЦІОНАЛЬНА КОМІСІЯ З ЦІННИХ ПАПЕРІВ ТА ФОНДОВОГО РИНКУ (nssmc.gov.ua) processo-19957011245201829 (cvm.gov.br) 

LBLV claims to hold a current International Brokerage license issued by the Mwali International Services Authority. However, this license belongs to a different entity and is currently suspended. 

WEBSITE: https://www.lblv.com
ADDRESS: Suite C, Orion Complex, Palm Street, Victoria, Mahe, Seychelles
EMAIL: [email protected]