Tackling an advanced corporate scam impersonating the Equiti brand to deceive investors, Equiti Group has announced that it is working clo
Tackling an advanced corporate scam impersonating the Equiti brand to deceive investors, Equiti Group has announced that it is working closely with the regulators to take action against the scammers.
“As an established brand in the region, it’s our commitment to ensure we can protect the community from malicious fraud,” stated Mohammed AlAhmad Ketmawi, Co-founder of the Equiti Group and CEO of Equiti Group’s Equiti Securities Currencies Brokers LLC.
The SCA has issued a warning against the unregulated company across its official platforms and Equiti said it is taking every initiative available to protecting investors in the UAE and maintaining industry integrity. Equiti urges investors to verify regulatory details before engaging with financial entities and report any suspicious activities promptly.
About Equiti Securities Currencies Brokers (ESCB)
Equiti Securities Currencies Brokers LLC is regulated by the Securities and Commodities Authority of the UAE, as a Category 1 Trading Broker for Over-the-Counter Derivatives Contracts and Foreign Exchange Spot Markets, under license number 20200000026.
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