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FCA Issues Warning against Saxo Bank Impersonators

The UK Financial Conduct Authority (FCA) has raised a red flag against fraudulent entities mimicking multi-asset investment firm Saxo Bank. These imposters, often referred to as "clone firms," are using every detail of the authorized firm, including its names, websites, addresses, and logos, to convince unsuspecting individuals that they are legitimate financial institutions. The warning, first published in 2020 and updated today (Wednesday), indicates that the fraudsters are using the name "Sax... Read More

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Issues

Warning

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Saxo

Bank

Impersonators

Forex

Posted: Nov 1 2023, 13:44

Author Name: financemagnates

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