Persons Impersonate Rakuten Securities Hong Kong and Its Staff

Rakuten Securities Hong Kong Limited (Rakuten Securities HK), a subsidiary of Rakuten Securities, Inc. which is one of the three largest forex brokers in the world, has issued a warning against outlaws that pretend to be Rakuten Securities HK staff and use the name/logo of the company.

According to the official press release, these outlaws intentionally solicit others to open an account for investment, engage in regulated activities without license, commit fraudulent activities.

"We are very concerned about criminals who impersonate our company and its employees to deceive the public, intending to mislead the public in order to seek benefits. We reserve the right to pursue legal responsibility for the relevant behaviour and related persons," said Rakuten Securities HK.

The company advise investors to be alerted to any financial fraud and conduct financial investment through authorized channels or contact its staff through official channels for verification.

Previously, Dukascopy Bank SA,​ Geneva-based retail FX broker, has informed about its website's fraudulent clone on the domain https://dukascopy1.com/.

Besides, Japan Exchange Group, Inc., a Tokyo-based financial services corporation that operates different financial instruments exchange markets, has warned against a suspicious application and website providing services related to trading of stocks, commodities, crypto assets, and other products that is not provided by JPX Group but uses the name "JPX", which is a trademark owned by the Group.