FMA Issues Warning Against Imposter Website thelionhub.xyz

The New Zealand's Financial Markets Authority (FMA) recommends caution when dealing with the website thelionhub.xyz as the FMA is concerned this website may be operating a scam.

According to the authority, it has received complaint about this website unreasonably withholding client funds and asking for withdrawal fees.

In addition, the website claims to be a cryptocurrency and foreign exchange company. It is using details of Hong Kong based corporations (Lion International Securities Group Limited/ Lion Futures Limited/ Lion Asset Management) and Lion Group Holding Ltd without permission. These entities have confirmed that they do not have any association with this website.

The fake website's information is as follows:

Entity name: The Lion Financial

Contact numbers: WhatsApp +85246498647

Websites: thelionhub.xyz