The British Investment Commission, a leading member-driven External Dispute Resolution (EDR) organization serving participants in global foreign exchange (forex), derivatives and cryptocurrency markets, today warns the public regarding pseudo-representatives mimicking the British Investment Commission in an attempt to defraud Forex broker customers and provide illegal services.
The British Investment Commission was recently contacted with information from the public regarding a group of individuals who were impersonating British Investment Commission’s brand and services by using a like-minded logo while purporting to offer fictitious services in what appears to be an attempt to scam customers. These pseudo representatives of the Commission offered Forex broker customers a paid service to retrieve funds lost during trading on their trading accounts. For such a service the alleged representatives demanded a fee. Likewise, in other cases, such pseudo representatives offered illegal chargeback schemes to Forex broker clients in return for a fee.
The British Investment Commission has taken measures to notify parties that the perpetrators are a pseudo-clone not associated with British Investment Commission in any way and may be seeking to defraud customers. The great lengths that companies may go to help perpetrate a fraud can be difficult for even the most cautious investors to detect.
