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INDUSTRY ALERT: Rise in Clone Broker Scams Targeting EU Investors
HIGH RISKAlert Details
Industry-Wide Alert
FinFirmCheck has identified a coordinated campaign by fraudulent operators creating clone websites impersonating legitimate EU-regulated brokers. Over 30 clone sites have been identified in the past 60 days.
How to Protect Yourself
- Always verify broker URLs against official regulatory registers
- Do not click links in unsolicited emails or social media ads
- Verify the exact URL - clones often use similar but different domains
- Contact your regulator if you suspect a clone site
What You Should Do
Verify any broker directly through official regulatory registers before depositing funds. Report suspected clone sites to your national financial regulator immediately.
Disclaimer
This alert is provided for informational and educational purposes only. FinFirmCheck is not responsible for any losses or damages resulting from the use of this information. Always conduct your own independent due diligence and consult with qualified professionals before making any decisions.