A Ponzi scheme operator just pulled off a brazen con: registering a shell company with Britain's financial regulator while hiding the fraud underneath.

OmegaPro, which promises investors a fantasy 200% return, incorporated OMP Money LTD in the UK on April 29th, 2020. The company then registered this shell with the FCA—the Financial Conduct Authority. To anyone checking the regulator's database, OMP Money looks legitimate. OmegaPro itself never appears in the filing. Neither does any mention of the scheme's actual purpose: a Ponzi operation that needs a fake banking front to process withdrawals.

OMP Money's website sells the fiction hard. It markets itself as "a unique, modern and accessible system, to provide you everything you need for your everyday banking in a world where electronic payments have no boundaries." The truth is simpler. It's a vehicle for laundering money through merchant accounts that OmegaPro obtained by deceiving banks.

In September, co-owner Andreas Szakacs recorded a marketing video celebrating the FCA registration as a regulatory breakthrough. "The most important thing I want you to do is to go to the FCA register," Szakacs said on camera. "At the FCA register you can search for OMP Money and see that we are regulated by the FCA. This would be something unique I would say for our industry." He wasn't wrong about it being unique—it takes real nerve to exploit a regulator's own database to legitimize fraud.

Co-owner Mike Sims appeared alongside Szakacs in the same video, also presented as an OmegaPro executive.

The operation itself has already drawn regulatory fire elsewhere. France and Spain have both issued securities fraud warnings against OmegaPro. Yet the company continues operating without registration in any jurisdiction where its owners reside. Szakacs is based in Dubai, Sims in the US, and third co-owner Dilawar Singh in Germany. None are registered to offer securities in their home countries. None of them need to be—they're running the scheme internationally, targeting people who won't easily report them.

The traffic data tells you where the real victims are. At the time this article was written, Alexa ranked the top three sources of traffic to OmegaPro's website as Japan at 55%, Nigeria at 13%, and Colombia at 11%. These aren't markets known for easy recourse if your money vanishes.

The house of cards crumbled eventually. On June 9th, 2021, the FCA revoked OMP Money's registration. By January 3rd, 2022, OmegaPro had deleted the video where Szakacs touted his regulatory victory. The link's gone. The boasting's gone. What remains is the same Ponzi scheme, still hunting for victims, still dressed up in whatever corporate shell can pass the next inspection.

🤖 Quick Answer

What is OMP Money LTD and its connection to OmegaPro?
OMP Money LTD is a shell company incorporated in the United Kingdom on April 29, 2020, and registered with the Financial Conduct Authority. It operates as a front entity for OmegaPro, a Ponzi scheme offering unrealistic 200% returns to investors, facilitating fraudulent withdrawal processing while maintaining a facade of legitimacy.

How did OmegaPro conceal its fraudulent activity through FCA registration?
OmegaPro registered OMP Money LTD with Britain's Financial Conduct Authority without disclosing the parent company's identity or fraudulent operations. The shell company's FCA listing appears legitimate to database searchers, effectively masking the underlying Ponzi scheme's true purpose and operations from regulatory scrutiny.

What is the primary function of OMP Money's online presence?

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