A resource page of scams!
The DFSA issues alerts about scams and other potentially fraudulent practices that may harm investors and damage the reputation of the Dubai International Financial Centre (DIFC). The alerts are intended to inform and educate investors so that they may take action to protect themselves.
The DFSA maintains a list of all alerts it has issued and the list can be found below.
Only firms authorised and licensed by the DFSA can provide financial services in or from the DIFC. If you have concerns about a firm or individual purporting to provide financial or ancillary services in or from the DIFC you should:
search the DFSA’s Public Register to determine the regulatory status of the firm or individual. You can find the DFSA’s public register here;
search the DIFC’s Public Register to determine whether the firm is registered in the DIFC. You can find the DIFC public register here; and
not deal with or invest any money with the firm or individual until you have verified they are authentic and are properly authorised and licensed by the DFSA to provide financial services in or from the DIFC.
If you have been contacted by a firm or individual that purports to be authorised or licensed by the DFSA, or registered by the DIFC Registrar of Companies but, in fact, it is not, you should cease to deal with them and make a complaint to the DFSA by completing the online Complaints Form.
For more information about how to avoid being scammed please click here.
The alerts list categorises alerts according to their type and clarifies regulatory issues that are of public interest.
Categories: Dubai Financial Services Authority (DFSA) Updates Fraud