The Dubai Financial Services Authority (DFSA) alerts the financial services community and the public to a scam in which a legitimate DFSA Authorised Firm, The Ultima World (DIFC) Limited, has been impersonated.
The scammers have set up a fraudulent website ( https://theultimatum.pro) which refers to an entity called “Ultimatum World” and uses information relating to the legitimate DFSA Authorised Firm without its permission.
The scammers have impersonated The Ultima World (DIFC) Limited by:
The DFSA understands that the fraudulent website is promoting an entity that is not associated with The Ultima World (DIFC) Limited. The DFSA confirms 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 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 see 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 DIFC Authority, DFSA or a DFSA regulated Firm, you should direct your concerns to the DIFC Authority on Tel: +971 4 362 2222 and to the DFSA via the DFSA Complaints function.
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