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03 Aug 2014, 12:08 pm | Regulator or Authority Impersonation

DFSA Impersonation: Misuse of DFSA's Name

​The Dubai Financial Services Authority (DFSA) alerts the financial services community and members of the public to a fraudulent scam undertaken by people claiming to be associated with, or agents of the DFSA.The scammers claim that they are able to issue an ATM card to consumers. Using the name “Golden Sky Diplomatic Courier Securities”, the scammers enter into a “Deed of Agreement” with the consumer in which the consumer agrees to pay the amount of:· USD1,950.00 to the DFSA for the release of the ATM card; and · USD350.00 for “legal” and “stamp duty” charges.The scammers also obtain the consumer's signature on a false DFSA document called "Application for Re-Activation of ATM Card".Copies of the fraudulent "Deed of Agreement" and "Application for Re-Activation of ATM Card" can both be viewed by following the hyperlinks.The DFSA informs you that the DFSA does not:The DFSA strongly advises that you do not respond to any person or company who sends such documentation, and under no circumstances should you send any money.The DFSA has a page on its website dedicated to Alerts which it has issued in relation to scams. All Alerts issued by the DFSA may be accessed by going to:Your-Resources/dfsa-alertsThe DFSA has also recently issued warnings and guidance about the common types of scams perpetrated on consumers. For more information on these scams, please go to:HowToAvoidBeingScammedIf you have any concerns about the authenticity of any DIFC Authority or DFSA correspondence or documents, you should direct your concerns to the DIFC Authority on Tel: +971 4 362 2222 and to the DFSA via the DFSA Complaints function onwww.dfsa.ae.

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