Do not invest more money than you can afford to lose.
The Cyprus Securities and Exchange Commission (CySEC) issued on Friday a warning notice regarding individuals who falsely present themselves as CySEC officers and solicit local investors into giving them money.
The scammers are using CySEC’s genuine logo and contact details, mixing them with fake information in various messages and letters they distribute among investors, asking them for money in the form of taxes or others.
Following is a list of some e-mails that scammers use to impersonate CySEC officials in an attempt to deceive investors:
The CySEC emphasized that it is not related to any of the above-listed emails. The regulator does not have the practice to send unsolicited correspondence to the public requesting their personal or bank details and 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, the notice read.
In late November last year, the Cypriot regulator issued another similar notice regarding a new practice where unknown individuals pretend to be CySEC officers and improperly collect funds from Greek citizens. At the time, the regulator warned that it was not related to the e-mail [email protected].
Source: CySEC
