The Financial Commission Warns Against FX Follow-Up Scams
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The Financial Commission Warns Against FX Follow-Up Scams
The Financial Commission (FinaCom PLC) warned investors against companies or associations that approach victims of forex traders claiming that, for a fee, they can help them recover the sums invested or the losses incurred on unlawfully FX trading platforms.
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The self-regulatory body cautions investors that “a group of individuals” are trying to usurp the identity of the FinaCom itself by using a like-minded logo in order to give the appearance of trustworthiness and legitimacy.
This type of activity is typical of the fraud mechanism known ... (read more)
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