Log In | Subscribe | |

DFSA issues second warning about fake documents

Editorial Staff

Following on from the warning on Sunday (see here) Dubai Financial Services Authority has issued a notice relating to a second fraud involving false documents relating to DFSA.

The DFSA's notice, issued today, is as follows:

The Dubai Financial Services Authority (DFSA) alerts the financial services community and the public about false documents issued by Raecco International FZE, and to the fraudulent impersonation of a DFSA employee.

The scammers provide consumers with the following false documents issued for Raecco International FZE:

• a document titled "CertificaTte of Incorporation" purportedly issued by the DFSA. The false Certificate of Incorporation can be viewed here. The format of this false document is similar to documents which have been the subject of previously issued DFSA scam alerts; and

• a document, also titled “Certificate of Incorporation”, purportedly issued by the “United Arab Emirates Companies Office” or the “Registrar of Companies UAE”. The false Certificate of Incorporation can be viewed here.

The scammers have also impersonated the DFSA’s General Counsel, by using the email signature and communicating with prospective clients using the masked email address dfsa@dfsa.ae.

The DFSA informs you that:

• the DFSA does not incorporate companies and, therefore, does not issue Certificates of Incorporation;
• Raecco International FZE is not, and has never been, authorised or regulated by the DFSA;
• the incorporation of companies in the Dubai International Financial Centre (DIFC) is done by the DIFC Registrar of Companies. However, Raecco International FZE is not, and has never been, incorporated in the DIFC and does not appear on the register maintained by the DIFC Registrar of Companies;
• Raecco International FZE does not have, and has never had, offices in the DIFC;
• there is no such organisation or authority as the “United Arab Emirates Companies Office” or the “Registrar of Companies UAE”;
• the DFSA does not use, and has never used, the email address dfsa@dfsa.ae; and
• the name and title of the DFSA’s General Counsel, a genuine DFSA employee, have been fraudulently used without authority and apparently for an improper purpose.

The DFSA strongly advises that individuals and firms do not communicate with any party in connection with the scam, and that they should under no circumstances send or give any money to such parties in connection with the scam.

 


 

Click the Ad: the link opens in a new page

Subscribe to this publication

hahagotcha