Reference is made to the warning issued by the Malta Financial Services Authority (“MFSA” or the “Authority”) on 9 May 2022 in connection to an entity by the name of ALPHAPRIMEFX which had an internet presence at https://www.alphaprimefx.co and which is now offline.
Moreover, the Authority wishes to alert the public, in Malta and abroad, that it has become aware of another entity by the name of ALPHAPRIMEFX which has an internet presence at https://www.alphaprimefx.co however, the website is currently offline. This website is claiming to be the trading name of an MFSA licensed company, Alpha FX Europe Limited. Fraudsters are using the details of this genuine company in an effort to deceive the public.
The website https://www.alphaprimefx.co therefore appears to be a clone of the website of the legitimate entity and the public should therefore refrain from undertaking any business or transactions with the false entity.
|Maltese Registered Entity||Clone||Clone|
|Alpha FX Europe Limited
(LEI Code: 984500SB75F058462A12)
|171, Old Bakery Street, Valletta Malta VLT 1455
Table Last Updated: 17 February 2023
The MFSA would like to remind consumers of financial services not to enter into any financial services transaction unless they have 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 reviewed on the official website of the Authority at https://www.mfsa.mt/financial-services-register/.
For more information on clone companies please refer to the Scam Detection Guidelines issued by the MFSA at https://www.mfsa.mt/consumers/scams-warnings/typical-scams/. 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 transactions with the company and contact the MFSA at https://www.mfsa.mt/about-us/contact/ as soon as a suspicion arises.