Forex brokerage solutions provider MahiFX has just issued a warning notice regarding a cloned Chinese website. Fraudsters are using false details or mix these with some correct details of the registered firm MahiFX. The scammers operate via the website https://www.mahi-fx.com/. A MahiFX spokesperson commented on the news: We are deeply concerned that our trading platform…
Read moreHong Kong financial regulator SFC has issued a warning regarding a clone website of SFC-licensed Wealth Management Group Limited. The clone website wmgltd.com shows what the SFC says is an invalid address at 2345, 26 Harbour Road, Wan Chai, Hong Kong. The real Wealth Management Group Limited is located at 3001A, 30/F, 118 Connaught Road West, Hong Kong, and operates…
Read moreThe dubious practice of cloning the website and corporate identity of British firms continues, this time with FXCFSE attempting to dupe clients in the Asia Pacific region into investing by emulating genuine firm Cargill Financial Services Europe Ltd
Read moreBritain's regulatory authorities have discovered that the website www.KAMforex.com offers services to retail investors by falsely imitating Kingsley Asset Management, a long-established FCA regulated firm
Read moreResearch by LeapRate has unearthed a bogus website which illegally uses FXCM's name in order to boast unrealistically high returns.
Read moreBritish regulatory authority warns against another clone of a bona fide firm as the latest in an increasing wave of firms attempting to dupe clients by using similar names Imitation, as the well-worn adage goes, is the finest form of flattery. That is, if the imitation intends no harm. Quite the opposite, in fact, to…
Read more