The Cyprus Securities and Exchange Commission (CySEC) serves as the vigilant guardian of the investment services market within Cyprus. However, amidst its watchful oversight, a troubling trend has emerged – the rise of impersonators seeking to exploit unsuspecting investors.
These impersonators, cunningly disguised as CySEC employees, engage in deceitful practices to extract funds from individuals under false pretenses. By assuming the identity of CySEC representatives, they prey upon investors’ trust, misleading them into believing they are dealing with legitimate authorities.
CySEC remains steadfast in its commitment to fostering transparency, trust, and accountability within the investment services market. Through proactive measures and unwavering diligence, it strives to protect investors from fraudulent practices and preserve the integrity of the financial sector.
To access the full text of CySEC’s warnings regarding impersonation attempts and to stay informed about the latest developments, please visit the following link:
https://www.cysec.gov.cy/en-GB/public-info/warnings/cysec/
Staying informed and vigilant is paramount in an era fraught with financial fraud and deception. Let us unite in our efforts to thwart impersonators and uphold the principles of integrity and accountability in the realm of investments.
In case you have been contacted by the suspicious, kindly inform the ISEC team or CySEC directly via email to [email protected].
Risk Warning: The information in this article is presented for general information and shall be treated as a marketing communication only. This analysis is not a recommendation to sell or buy any instrument. Investing in financial instruments involves a high degree of risk and may not be suitable for all investors. Trading in financial instruments can result in both an increase and a decrease in capital. Please refer to our Risk Disclosure available on our web site for further information.
