U.K. Regulator FCA Alerts Investors to FX Clone Broker NBLFX
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U.K. Regulator FCA Alerts Investors to FX Clone Broker NBLFX
The Financial Conduct Authority (FCA), Britain’s financial market watchdog, today warned that a forex brokerage firm has been falsely claiming its registration whilst usurping the identity of an authorised entity in order to give the appearance of trustworthiness or legitimacy, thereby fooling investors.
According to the UK financial watchdog, the fraudsters have been using a fake website – en.nblfx.com – and the FCA warned that the brands NBLFX/ Niru Bala Limited / Numex Foreign Exchange Corporation (UK) Ltd are indeed attempting to mislead investors through using the details of an authorised firm operating under a similar name.
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