MFSA Flags 15 Clone or Unregistered Entities For H1 2023

The Malta Financial Services Authority ("MFSA" or "the Authority") has issued warnings against 15 new clone or unregistered entities during the first half of 2023.

The following entities were added to the list during the six months Ended June 30, 2023:

1. Biteths Trading - Unlicensed Entity

https://www.biteths.com/

2. Bitmax Crypto Limited - Unlicensed Entity

http://www.bitmaxcryptocoin.com

3. https://finbondgroupltd.com/ - Unlicensed Entity

4. FxbinaPro - Unlicensed Entity

http://climaxxasset.com/

5. ALPHAPRIMEFX - Clone Entity

https://www.alphaprimefx.co

6. Skyfin International Financial Consultants - Clone Entity

https://www.skyfinint.com/

7. Royal Investment Consortium - Unlicensed Entity

www.royalinvestmentconsortium.com

8. Spurtrade Investment Limited - Unlicensed Entity

www.spurtrade.co

9. Crypto Novu Fx and/or P240 Ltd - Unlicensed Entity

https://crypto-novufx.com/

10. Finbond Asset Limited - Unlicensed Entity

https://finbondassetltd.com/

11. Alenol Worten Holding Limited, Alenol Inc. or Alenol Investment - Unlicensed Entity

http://www.alenol.com/

12. Siliconcorp - Unlicensed Entity

https://www.siliconscorp.com/

13. Interactive Financial Investment and/or P240 Ltd - Unlicensed Entity

https://interactivefinancialinvestment.com/

14. Instant Globals Trade - Unlicensed Entity

www.instantglobalstrade.com

15. Uniglobal Investment Limited or Uniglobal Invest Ltd - Unlicensed Entity

https://uniglobalinvestltd.com/

The MFSA alerts the public, in Malta and abroad, these entities are NEITHER Maltese registered Companies NOR licensed or otherwise authorized by the MFSA to provide any financial services which are required to be licensed or otherwise authorized under Maltese law.

The regulator would like to remind consumers of financial services not to enter into any financial services 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.