National Commission warns: 6 more investment projects recognized as scams
19 February 06:18
The National Securities and Stock Market Commission (NSSMC) continues to fight financial fraudsters. The regulator has recently added 6 more questionable cases to the list of unreliable investment projects. This was reported by "Komersant Ukrainian" with reference to the NSSMC.
New fraudulent investment projects
The updated list of the NSSMC now includes the following suspicious companies:
- Sabre Trade Stocks – https://sabretradestocks.com/ru
- GTC FX – https://www.gtcfx.com/ru_RU
- GreatBinary – https://great-binary.com/
- WorldBinar – https://worldbinar.com/
- FXON – https://fxon.com/en/
- Arab Wealth Management – https://arabwealthmanagement.net/ru
In total, the Commission’s blacklist includes more than 400 scam projects. The full list is available on the official website of the NSSMC.
How to protect your money: 10 signs of fraudulent investment projects
To avoid becoming a victim of financial scams, you should check the project for reliability before investing. Here are 10 key signs that may indicate a fraudulent scheme:
- No license from financial regulators.
- Guaranteed profit – investing always involves risks.
- Aggressive advertising and pressure from managers.
- Lack of transparent information about the company and its management.
- Problems with withdrawal of funds or demands to make additional payments.
- Unrealistic bonuses and promotions that motivate you to invest more money.
- Lack of a legal address or contact information.
- Unknown origin of the platform – often such companies do not have physical offices.
- Complaints from customers in open sources, forums, or social networks.
- No mention in the registers of financial marketregulators.
Follow us on Telegram: the main news in a nutshell
For your convenience, the NSSMC has prepared an infographic that will help you check an investment project on your own and avoid losing money.
How to report fraud?
If you are aware of any cases of suspicious activity in the financial market, you can report them to the National Securities and Stock Market Commission by emailing [email protected].
Follow us on Telegram: the main news in a nutshell
