Hong Kong’s Securities and Futures Commission (SFC) has earlier today updated its Alert List, with the latest additions including two clones of major bank and financial services provider Wells Fargo & Co (NYSE:WFC).
The companies in question – Wells Fargo International Finance Group and Wells Fargo Global Investments (Hong Kong) Company Limited, are falsely claiming to be associated with the real Wells Fargo, in an attempt to easily defraud investors.
The clones operate from the following websites:
Let’s note that none of the above mentioned addresses was accessible at the moment of publication of this article. It could be that the SFC’s alerts and relevant actions are already bringing results.
The regulator stresses that the firms operating from the above mentioned websites are not in any way associated with the authorized company Wells Fargo.
To view the full Alert List, click here.