The FSMA warns people not to be tricked by people pretending to be from the FSMA and using the FSMA’s name and logo. These people are trying to scam people and take their money.
The FSMA has discovered that scammers are pretending to work for them and reaching out to people who have been victims of investment scams. The con artists promise that they can help the victims to get their money back, but require payment of a fee for this. This scam is called recovery room fraud.
The fraudsters send letters to people they are trying to trick:
The FSMA warns people not to respond to emails received from the email addresses:
no-replyfsma@outlook.com, ldavis@finglobalsolution.com and recovery@tfsma.com, as they are not from the FSMA and can be fraudulent. It is best to simply delete these emails if received.
The scammers pretend to be the FSMA in their efforts to get money or private information from people. The FSMA has reported this to the police.
The regulator warns consumers to be extra cautious if they ever receive any uninvited messages. Do not agree to move or send money for any products or services that the Financial Services and Markets Authority supposedly offers. It is not a financial institution, they do not give out financial services or products. It can’t get back any investments that may have been lost. They would never contact people who have experienced investment scams.
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