The Cyprus Securities and Exchange Commission (CySEC) today published a warning regarding fraudsters using its details to obtain money from investors and the general public.
The regulator says that several types of financial scam messages and/or letters purporting to be sent by CySEC are currently in circulation.
In particular, the fraudsters have used the email address [email protected] that does not belong and is not related to the CySEC. The individuals in question present themselves as “Adam Theocharides” and “David Jenner-Clarke” of the CySEC International Affairs Department. Impersonating CySEC officers, these individuals have contacted investors and through various means and claims, such as the supposed payment of taxes, persuaded them to transfer funds to certain bank accounts.
The Cypriot watchdog notes that it is not connected in any way with the above mentioned email address and correspondence. It stresses that it never sends unsolicited correspondence to investors or members of the public requesting their personal and/or bank details and/or that they make any sort of financial transaction. Moreover, the CySEC does not authorize, verify, monitor, or assist in payments between natural or legal entities or any public or private agencies.
The CySEC urges the public to be vigilant and that in case they believe they may have already received such suspect communication to contact the CySEC at [email protected].
You can read the full text of the CySEC warning by clicking here.