Geneva based Retail FX broker and bank Dukascopy today issued a warning to its clients against a company known as GCG Asia, which is illegally using its name and logo to attract clients.
Dukascopy clarified that it does not have any association or being in cooperation with GCG Asia and warned its clients against engaging with the fraudulent organization. According to the notice, the sham company is using Dukascopy’s logo and name without the bank’s permission.
The bank announced that it has taken legal action to stop the sham organization from misusing its name and logo. Customers were warned that GCG Asia is not a member of Dukascopy Group and none of its entities are associated with it.