Envi FX fails to provide company ownership and executive information on its website.

Envi FX’s website domain (“envifx.com”), was first registered in 2020. The private registration was last updated on July 23rd, 2022.

Update 3rd August 2022 – 
As referenced in the conclusion of this review, one half of the admin team behind Envi FX and Automated Capital goes by “Kyle”.

In the comments below, BehindMLM reader David has outed “Kyle” as Kyle Cole (aka Kyle Raymond Cole and Kyle Raymond):

As of July 26th, Cole (right) claims $2.1 million has been invested into Envi FX and Automated Capital. Within an hour of David outing Cole, Cole deleted the above FaceBook post.

As per Cole’s FaceBook account, he’s a “full time entrepreneur” based out of Cincinnati, Ohio.

I can’t confirm it’s the same individual but, back in January, BehindMLM had a “Kyle Cole” show up
trying to understand the since collapsed Intelligence Prime Capital Ponzi scheme
.

On LinkedIn Cole cites himself as the CEO and Financial Specialist of “Global Ambassadors LLC”.

Whatever Global Ambassadors LLC was, its website is no longer functional.

A search of the Edgar database reveals Cole is not registered with the SEC. It is illegal to offer and promote unregistered securities in the US.

Cole’s Automated Capital partner in crime has yet to be identified.
/end update

Update 3rd August 2022 #2 –
I did some more digging around and believe Kyle Cole’s partner in crime is Hendry J Agus.

This is based on Cole and Agus being the sole two admins of Automated Capital’s official FaceBook group:

The group currently has 366 members and was created in March 2022.

Automated Capital is a Percentage Allocation Money Management (PAMM).

It is a form of pooled money forex trading utilizing Artificial Intelligence that works 24/7 to perform comprehensive analysis of market conditions at any time.

On his own FaceBook profile, Agus promotes Automated Capital as a “legit investment platform” generating “20 to 30% monthly”:

Agus represents he is based out of Alberta in Canada. Agus, like Cole, is not registered with the SEC 
or 
Canadian financial regulators.

Agus represents he has been committing securities fraud since at least “early 2021”:

Prior to founding Automated Capital, Agus was promoting
CopyProTraders
,

CopyProTraders is another MLM opportunity committing securities fraud. As at the time of this update, CopyProTraders’ website was non-responsive.

Before CopyProTraders Agus promoted
My Freedom 365
, a Ponzi cycler.

In addition to scamming people through fraudulent investment schemes, Agus works as a “systems engineer”. He is also a former Primerica distributor.
/end update

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Envi FX’s Products

Envi FX has no retailable products or services.

Affiliates are only able to market Envi FX affiliate membership itself.

Envi FX’s

🤖 Quick Answer

What is Envi FX and what are the main concerns raised about it?
Envi FX is a trading platform associated with Automated Capital, registered in 2020, accused of operating as a financial fraud scheme. Primary concerns include lack of transparency regarding company ownership and executive information, private domain registration, and undisclosed administrative personnel involved in the operation.

Who is Kyle Cole and what is his connection to Envi FX?
Kyle Cole, also known as Kyle Raymond Cole, is identified as half of the administrative team behind Envi FX and Automated Capital. Based in Cincinnati, Ohio, Cole claimed $2.1 million in investments into the platform as of July 2022 before removing related social media posts following public identification.

When was the Envi FX domain registered and what registration details are available?
The domain envifx.com was first registered in 2020 with

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