MFSA Notice - Fraudulent Scheme
APRIL 29, 2024

The Malta Financial Services Authority (“MFSA” or “the Authority”) has become aware of a fraudulent scheme whereby private individuals are receiving fictitious MFSA documents promising these potential victims a substantial amount of money that will be transferred to them only upon effecting a payment to a specified IBAN number.

The Authority wishes to alert the public against such fraudulent schemes which are being used as a way of obtaining funds from potential victims by purporting to be the MFSA.

The MFSA hereby advises the general public to exercise caution and not to enter into any financial transaction unless it is ascertained that the entity with whom the transaction is being made is authorised to provide such services by the MFSA or another reputable financial services regulator.

A list of entities licensed by the MFSA can be viewed on the official website of the MFSA at

If you are a victim of a scam or think you might be dealing with an unauthorized entity or any other type of financial scam, first of all stop all transactions with the company and contact the MFSA at as soon as a suspicion arises.