Entity and website details
- Recorded entity
- Bealgo (B.A.X. LTD)
- Recorded website or address
www.bealgo.com- Regulator
- Financial Market Authority
- Jurisdiction
- Austria
- Original regulator notice date
- 15 May 2019
What the original notice says
On 15 May 2019, Austria's FMA warned about Bealgo (B.A.X. LTD), identifying www.bealgo.com. The authority stated that the entity was not entitled to carry out banking transactions in Austria that required a licence. In particular, the notice refers to commercial trading under Article 1 paragraph 1 item 7 of the Austrian Banking Act. The warning concerns that exact entity, website and activity in Austria. It should not be expanded into an unsupported claim about every customer transaction or a similarly named business.
Primary source
Read the original Financial Market Authority notice.
If you have already paid this operation
Preserve transaction records, wallet addresses, correspondence and screenshots showing the exact website used. Contact your bank, card provider or exchange promptly to ask what options may apply to your payment. Report concerns to the appropriate regulator or law-enforcement body. Do not send another payment solely because someone promises to release a balance or recover a loss.
Discuss your concern with Steven Storch
Whether your concern involves Bealgo (B.A.X. LTD) or another investment platform, visit stevenstorch.com and fill in the contact form on our website. To avoid impersonators, initiate contact through the official website. Outcomes depend on the evidence and circumstances; no recovery is guaranteed.