Unauthorized firm Tessline Limited was added to the warning list of Irish financial regulator – the Central Bank of Ireland (CBI) on Monday.
The shady firm does not disclose much information about itself – we cannot even dig up a contact address – however, it does mention the name of John Templeton in its short bio on the website.
Tessline Limited itself provides financial services via the website tessline.com and supposedly provides traders with access to a trading platform and multiple opportunites for winnings. It describes itself as “n investment and trading company”, however, the real product remains ambiguous. Nonetheless, we read in the warning issued by the Irish financial watchdog – the financial firm is not authorized in providing such financial services to Irish traders and is most likely part of a scam operation.
Ireland’s main financial regulator regularly updates its warning list and recommends traders always run a quick check on a brokerage on their online registry before investing funds with them.