SEC Warns Users of Clone Versions of its Website

SEC Warns Users of Clone Versions of its Website

Lat Friday United States’ SEC issued an official warning against an impersonating website that was communicating with investors and users alike. These fraudsters were contacting users via virtual channels such as phone, emails, voicemails and even letters.

The scammers were raising false concerns over non-existent unauthorized transactions in the accounts of users. This tactic forces some users to give away their payment accounts to the fraudsters opening their bank account and other payment sources for plunder.

SEC warned that these contacting means are in no way connected to SEC. It warns users that, “If you receive a communication that appears to be from the SEC, do not provide any personal information unless you have verified that you are dealing with the SEC.”

Moreover, SEC clarified that it can never seek reimbursement of any kind, including disgorgement, without first proceeding with the proper official reinforcement actions, all of which are communicated directly through the client.

SEC is far from being the first regulator to have its own set of spawned copies. Most recently, CySEC reported of a clone version of its site that duped users and solicited others through much of the same channels as discussed by SEC. Impersonators of FX regulators, as well as standalone fake regulators, are raising in numbers to such a point where we can proclaim this tendency to have become a trend that seriously threatens a huge number of novice users.

Top Forex Brokers

BrokerCountryRatingMin. DepositWebsite
US4.99/5$50 Click for a special offerWebsite

Leave a Reply

Your email address will not be published. Required fields are marked *