Financial Regulators issued warnings on unauthorised and clone firms
The financial regulators of UK FCA, Cyprus CySec and the Russian Self-Regulatory Organization Nonprofit Partnership “Centre for Regulation in OTC Financial Instruments and Technologies” have issued press releases to inform public for unauthorised, clone and black listed companies providing investment services.
FCA reports that:
Instant Lends
Address: 11 The Avenue, Southampton, Hampshire, SO17 1XF
Telephone: 0203 287 4359
Email: admin@unsecuredlends.com
Website: www.instantlends.com
Is not authorised by FCA but has been targeting people in the UK
And
Loan Partners (clone of FCA registered firm), is a clone of FCA registered firm:
Company name: Loan Partners Limited
Interim Permission reference number: 647985
Address: Lansdowne Place, Holdenhurst Road, Bournemouth, BH8 8EW
Email: hello@smartping.co.uk
Website: www.smartping.co.uk
CySec reports that:
Tradersking Ltd (https:// www.tradersking.com) is not authorised by the Commission to provide investment services in Cyprus.
CRFIN reports that:
Delston Capital Group, Inc was included in the CRFIN Black list.
CRFIN states that the company’s business model doesn’t have a sufficient level of transparency, there are also no objective guarantees of payment return and paying the claimed percentage, otherwise than by using the previous clients’ deposits and there is no available information about licenses that give the right to attract clients’ funds.
