Garafi Gets Fraudulent Licence Warning from Belize IFSC

The International Financial Services Commission (IFSC), a statutory authority established in Belize to regulate and supervise the international financial services sector, has issued a warning against Garafi for providing service with fake licence.

According to the regulator, the company is using or giving out the following details:

Name of Individual/Entity: Garafi

Address: 135 Alejo Beni Street, Belize City, Belize

Fraudulent Licence No.: IFSC/14/67/LP/11

Website: https://garafi.com

Email: support@garafi.com

Phone: + 501 354-2562

Taking a look at the company’s website, Garafi claims that “The company’s activity is carried out in accordance with the requirements of the Cyprus Securities and Exchange Commission (License No.: 791/000), the International Financial Services Commission (License No.: IFSC/14/67/LP/11) and the Financial Services Commission of the Republic of Mauritius (Investment Dealer Licence No.: C09457712).

Looking into the company’s information in sector of Licence Verification on IFSC official website, “No matching records found” is shown on the result page. The company actually uses fake licence and details to fraud traders.