#InvestorSafety
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newsnavigator · 1 year ago
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Attention Investors: Beware of Eternity Business LTD - A Warning from BaFin
The financial landscape is fraught with opportunities and risks, and as investors, it's crucial to tread carefully, especially when promises of high returns seem too good to be true. In a recent alert issued by BaFin, the German financial regulator, concerning Eternity Business LTD, investors are urged to exercise extreme caution.
Eternity Business LTD has been flagged for offering financial and investment services without the necessary authorization. Their website, eternity.business/de, lures potential investors with enticing promises of high double-digit returns and weekly payouts. However, BaFin's investigation reveals a troubling reality - Eternity Business LTD lacks the proper regulatory oversight to provide such services.
Despite claims of being supervised by the Swiss financial market regulator FinMa, Eternity Business LTD's purported base in London, United Kingdom, and its association with reputable regulatory bodies are simply untrue. This misrepresentation raises serious red flags and underscores the importance of due diligence before engaging with any financial service provider.
Investors are reminded to verify the legitimacy of any investment opportunity thoroughly. Scrutinize the credentials of the company, ensure they are duly authorized by relevant regulatory authorities, and be wary of unrealistic promises of returns. Remember, protecting your hard-earned capital is paramount, and exercising caution today can prevent significant financial losses tomorrow.
Stay informed, stay vigilant, and together, let's safeguard our financial well-being.
The financial regulator BaFin warns against offers from Eternity Business LTD. According to their findings, the company offers financial and investment services on its website eternity.business/de without permission. It advertises high double-digit returns and weekly payouts. The operators, who are supposedly based in London in the United Kingdom, claim to be supervised by the Swiss financial market regulator FinMa. That's not the case.
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reyx-baron · 11 months ago
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Abstract:A recent experience by one trader has unveiled a troubling side of the industry, exposing the issues at UW Global.
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agentbingx · 7 months ago
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"BINGX" - THE NEXT BIG THING OR A MAJOR CRYPTO SCAM? BINGX TRADING PLATFORM REVIEW
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reyx-baron · 1 year ago
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Abstract:Red flags basically mean warning signs, which can be found anywhere even in the forex market too. If you are not vigilant enough, there are likely more chances you will fall for them and Lose your valuable money. Therefore, in this article, we are informing you about unregulated brokers, which are, obvious red flags in the forex market.
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reyx-baron · 1 year ago
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Abstract:Imagine that you have invested your hard-earned money in some broker, and later on, you get to know it’s not a legitimate broker or firm, but a copy company of the original firm that is using names, logos, and all the details of that Authorised firm to deceive people.
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reyx-baron · 1 year ago
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Abstract:UK's FCA alerts against 'RoboxFX', a cloned broker mimicking reputable RoboForex. Investors advised to ensure firm legitimacy on the Financial Services Register to avoid unauthorized entities and potential financial risks.
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reyx-baron · 1 year ago
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Abstract:The Australian Securities and Investments Commission (ASIC) has taken a decisive step, suspending Celtic Equities Management Pty Ltd's Australian Financial Services (AFS) license for six months, following the revelation of multiple breaches of regulatory obligations.
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reyx-baron · 1 year ago
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Abstract:Recently, The Financial Conduct Authority (FCA) exposed a comprehensive list of unregulated brokers. This list includes entities that are not authorized to provide financial services in the UK. The list is intended to help investors make informed decisions and avoid potential scams or fraudulent activities.
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