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Spain
1990 (36 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know EL COBRADOR DEL FRAC SA
Company Information
Get to know EL COBRADOR DEL FRAC SA
Founded in 1980, El Cobrador del Frac SA is a debt recovery company based in Spain. Its business model is centered on the out-of-court collection of unpaid debts on behalf of its clients (creditors). The company is famous for its distinctive and high-pressure collection tactic: dispatching an agent dressed in a formal tuxedo ("frac" in Spanish) to publicly follow the debtor at their home or workplace, thereby creating social pressure to compel payment. This method, while recognized for its effectiveness, has also been the subject of significant legal and public scrutiny over the years.
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