简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:The FSMA issues a warning about 17 new deceptive trading platforms, combining cryptocurrency and FX/CFD providers, targeting Belgian citizens through enticing promises, emphasizing the importance of vigilance against financial fraud.
The Financial Services and Markets Authority (FSMA) has issued an updated advisory concerning deceitful online trading platforms specifically targeting Belgian citizens. The regulatory body has expanded its list to include 17 additional platforms, encompassing both cryptocurrency and FX/CFD trading providers.
The FSMA highlights that these trading platforms employ social media and online advertisements to attract potential victims, enticing them with promises of effortless profits through cryptocurrency trading, trading bots, or educational programs. Subsequently, victims, having provided personal information, face pressure from purported “experts” and “traders” to invest more funds, only to witness their investments disappear.
Among the recently identified entities in the warning are Bit 2.0 Urex, Bitcoin 360 AI, BitiCodes, BitIQ, and Immediate Connect. The comprehensive list is accessible on the FSMA website. The regulator has traced numerous victims back to instances where they submitted contact information on these platforms' websites.
While everything may seem in order initially, attempting subsequent withdrawals reveals unexpected obstacles. Victims are confronted with unforeseen 'taxes,' accompanied by additional fees, cautions the FSMA regarding common fraudulent practices.
The FSMA provides guidance on recognizing investment fraud, incorporating videos and flowcharts illustrating typical scam progressions. Individuals who suspect falling prey to these platforms can lodge a complaint directly with the FSMA or the police.
Several months ago, the FSMA alerted the public to a growing trend where fraudsters emulate prominent banks, a concern flagged since 2021. According to the authority, this deceptive tactic is on the rise.
Fraudsters utilize diverse strategies, reaching out to potential victims via phone or email, particularly those who have disclosed contact information through social media or promotional advertisements. They allure their targets with the promise of substantial returns and guaranteed capital through enticing investment opportunities, as outlined in a recent FSMA announcement.
The Belgian regulatory body notes a surge in complaints about individuals impersonating reputable financial entities, including BGL BNP Paribas Fortis, Bunq, Fineco, Revolut-épargne, Triodos, and the London Stock Exchange. These impostors craft email addresses mirroring those of legitimate banks to conceal their fraudulent activities.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
BDSwiss excels, securing top spots for innovation and education at the UF Awards LATAM 2024.
Be vigilant if you wish to be safe. In the forex market, many scammers are trying to deceive you. If you are not aware enough, there are lots of chances. They'll defraud you.
To continuously optimize the outstanding user experience and service quality, WikiFX launched the "Global Supervisors Gathering" event on April 26th, with a commitment of $10,000 as incentives. This event sincerely invites global users to participate together in the comprehensive and all-round supervision and feedback of WikiFX’s content. Once the submitted opinions are reviewed and approved, users can receive generous rewards, with a maximum reward of $15 for a single submission!
In the realm of forex and cryptocurrency trading, where fortunes can be made or lost in the blink of an eye, risk management is paramount. One term that frequently appears on brokers' websites and in trading discussions is "negative balance protection." But what exactly does this term entail, and why is it crucial for traders to understand?