Back to alerts
01 Nov 2015, 12:11 pm | Regulator or Authority Impersonation

False DFSA Documents used to Promote an Advance Fee Scam

The Dubai Financial Services Authority (DFSA) alerts the financial services community and the public about a fraudulent Advance Fee Scam using false DFSA documents.The scammers fraudulently misuse the name of a legitimate bank in the United Arab Emirates (UAE), and falsely claim that the bank:As part of the scam, the scammers fraudulently misuse the name of the DFSA and the Chief Executive of the DFSA. The scammers claim that:The scammers provide consumers with a false letter on a letterhead which refers to the DFSA.  A copy of the false letter can be found here:The DFSA informs you that:The DFSA strongly advises that you do not respond to any communication regarding this scam, and under no circumstances should you send any money to any party. The DFSA has a page on its website dedicated to Alerts which it has issued about scams. All Alerts issued by the DFSA may be accessed by going to:https://www.dfsa.ae/your-resources/dfsa-alerts/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:HowToAvoidBeingScammedThe DFSA encourages you to always refer to the list of regulated firms that is available on DFSA's public register and may be accessed by going to:https://www.dfsa.ae/public-register/firms.If you have any concerns about the authenticity of any correspondence or documents that purport to be issued by the Dubai International Financial Centre (DIFC), DFSA or a DFSA regulated firm, you should direct your concerns to the DIFC on Tel:+971 4 362 2222 and to the DFSA via the DFSA Complaints function on www.dfsa.ae.

For better web experience, please use the website in portrait mode