The Malta Financial Services Authority (MFSA) has issued a warning against an investment firm falsely claiming to be both locally registered and licensed.
The firm, Uniglobal Investment Limited, also known as Uniglobal Invest Ltd purports to be “a Malta-based investment manager that offers one of the best sustainable and reliable investment services.”
It also claims to be based in Zejtun, Malta, and falsely claims to be registered and incorporated by the Maltese Ministry of Finance.
The MFSA urged the public to refrain from entering into any transactions or otherwise with the firm on any matters falling within the parameters of the Investment Services Act, Chapter 370 of the laws of Malta.
It also reminds consumers of financial services not to enter into any financial services warning transaction unless they have ascertained that the entity with whom the transaction is being made is authorised to provide such services by the MFSA or another reputable financial services regulator.
“Investors should also be extra cautious when being approached with offers of financial services via unconventional channels such as telephone calls or social media,” read the MFSA’s statement.
A list of entities licensed by the MFSA can be viewed here.
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