The Dubai Financial Services Authority (DFSA) has issued a warning about a scam website that “misuses” the logo of the Dubai International Financial Centre (DIFC).
The site falsely claims that a company called FFA (UK) Limited is based in the financial free zone.
It further states that FFA and another company, Mercury Assets Limited, are regulated by the DFSA.
The watchdog “strongly advises” that people not respond to any communication from the firms and “under no circumstances” send or give money to those connected with them.
Error upon error
The website “inaccurately and illegitimately replicated information that can be found on the DIFC Pubic Register”, the DFSA added.
It uses the registered number of a regulated firm with a similar name that has no connection with the scam.
There are numerous claims that FFA and Mercury are licensed and regulated to provide financial services by the DFSA.
In a further mistake, the website describes the DFSA as “the UK Financial Services Authority”.
