Scams & Warnings

Scammers cheat people out of their money. The MFSA’s role is to educate consumers about scams involving financial products and services.  However, the MFSA is unable to investigate fraudsters. That is the role of the police.

Remember: if an offer is too good to be true, then it probably is. So be careful!

Spotting a Financial Scam

Remember that if it sounds too good to be true, it probably is! Don’t be taken in by the hype and false promises. A ‘scam’ is a scheme designed to trick you out of your money.

Typical Scams

A list of typical scams that exists.


The MFSA warns the general public with regards to unlicenced entities claiming to be operating from the Maltese jurisdiction, while also bringing to the attention of the public similar warnings issued by European counterparties.