CySEC impersonators trying to scam money from investors

Cyprus financial regular CySEC has issued a warning regarding individuals impersonating CySEC officers, looking to trick investors into paying them money.

Following up on an earlier similar warning we reported on at the end of last year, CySEC would like to inform investors and the general public that it has come to its attention that its logo, and contact information  hat appear to be linked to CySEC continue to be used for several types of financial scam messages and/or letters.

cysec_warning_fraudSpecifically, unknown individuals have used email addresses such as [email protected] and [email protected] which do not belong or are related to CySEC, and other untruthful contact information, falsely presenting themselves as CySEC officers.

Impersonating CySEC officers, these individuals have contacted investors using the above email addresses as well as [email protected], [email protected], and [email protected], and through various means and claims such as the supposed payment of taxes, convinced them to transfer funds to bank accounts they designated.

We have previously reported on similar scams, whereby fraudsters claiming to be representatives of the US’s SEC or Australia’s ASIC try to scare retail investors into transferring large sums.

CySEC would like to stress that it is not connected in any way with the above mentioned email addresses, individuals, and correspondence, and that it never sends unsolicited correspondence to investors or members of the public requesting their personal or bank details or that they make any sort of financial transaction.

Further, CySEC does not authorize, verify, monitor, or is in any way involved in payments between natural or legal entities or any public or private agencies.

CySEC urges the public to remain vigilant regarding such unsolicited communication, and in case they receive any that appears to be from CySEC but was not initiated by the recipient of such communication, and appears to ask for the transfer or payment of any amount, to confirm the authenticity of the communication by contacting [email protected] before taking any action.

Also, CySEC urges the members of the public that believe they may have already received such suspect communication to contact CySEC at [email protected]

The CySEC warning can be seen here.

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