Tag Markets has received a securities fraud warning from Quebec’s Autorite des Marches Financiers (AMF).
As per AMF’s September 18th, 2026 Tag Markets fraud warning;
Tag Markets is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.
The AMF names Tag Markets and parent company T.M. Financials LTD in its warning.
Tag Markets runs an MLM crypto Ponzi factory from subdomains hosted on “ibportal.io”.
Known Tag Markets Ponzi schemes include Crowd1 (collapsed), Zeus Funding (collapsed), Exfusion, Bit1 (Daisy Global) and AITech. “Sonic AI” and “Stratify” are ruses that pop up across Tag Market’s various scams.
T.M Financials LTD and other shell companies associated with Tag Markets are registered in St. Lucia and Mauritius. Tag Markets itself is run from Dubai by owner Jared Esguerra.
Tag Markets originally presented Colombian national Kevin Marin as co-founder and CEO:
These days Niklas “Nik” Freihofer, another European hiding out in Dubai, does the rounds as Tag Markets’ CEO:
In addition to Quebec, Russia, Austria and Luxembourg have also issued Tag Markets fraud warnings.
On its website, Tag Markets clarifies that it specifically targets poorer countries and/or countries with little to no active securities regulation;
Regional restriction:
he Company services a global client base, with a primary focus on clients in the MENA, Asia, and African regions, including countries such as Bahrain, Saudi Arabia, Jordan, Qatar, Oman, Philippines, Turkey, Pakistan, India, Bangladesh, Malaysia, Thailand, Mauritius, Egypt, South Africa, and Kenya.
As of August 2026, SimilarWeb was tracking ~1.5 million monthly Tag Markets website visits. ~624,000 visits were tracked for Tag Markets’ “IB Portal” domain.
During the same month top sources of Tag Markets website traffic were Germany (31%), the UK (7%), Slovenia (6%), Croatia (5%) and Austria (5%).
Top sources of traffic to Tag Markets’ “IB Portal” domain were Puerto Rico, (27%), the Dominican Republic (16%), Germany (12%), the UK (11%) and India (7%).
From this we can surmise, despite claims on it website, Tag Markets heavily targets European and North American consumers. Tag Markets is not registered to offer securities in any country it solicits investment in.
Last updated: September 21, 2026
