The Dubai Financial Services Authority (DFSA) alerts the financial services community and members of the public to a letter in which the DFSA, and a member of the DFSA Board of Directors has been impersonated.
The scammers sent consumers a letter entitled “Advance Report” that falsely claimed to be sent by a DFSA Board Member. The letter states that:
The letter urges the consumer to contact the DFSA immediately or “fines will be applied”.
A copy of the letter can be found here.
In an attempt to make the scam seem authentic, the scammers have fraudulently used the DFSA logo, and the name and purported signature of a DFSA Board Member.
The DFSA informs you that:
The DFSA strongly advises you not to respond to any communications regarding this scam, and under no circumstances should you send or give any money to any party connected to the scam.
The DFSA suggests that firms and individuals can avoid being scammed by:
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: ALERTS
The DFSA has also issued warnings and guidance about the common types of scams perpetrated on consumers. For more information on these scams, please go to: HOW TO AVOID BEING SCAMMED
The DFSA encourages consumers to refer to the list of regulated Firms and Authorised Individuals licensed by the DFSA that is available on the DFSA's: PUBLIC REGISTER
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: COMPLAINTS
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