Dukascopy warns of a “clone phishing” scam
Switzerland’s forex bank and broker, Dukascopy has alerted the market and consumers to a clone of its authorised brand. The website, which remains active, is impersonating the genuine investment firm in an attempt to deceive people into handing over their hard-earned money.
Dukascopy confirmed that it has no association whatsoever with the aforementioned domains and advised everyone to avoid it entirely. The broker is one of a number of FX firms whose branding has been appropriated by scammers on many occasions, though they never make cold approaches encouraging people to invest.
The clone entity, operating through the domain https://apps.xfenfa.cn/WG6r, prompted action from the regulated company.
“Please be aware that this website is not controlled and does not belong to Dukascopy Bank, Dukascopy Europe, Dukascopy Japan or any other entity of Dukascopy Group. Do not trust any information to be found on the website. Do not provide any personal data on this website. We are taking action against this fraudulent webpage,” the statement reads.
With over £78 million stolen in ‘clone firm’ investment scams in the UK alone and the number of reports for this scam type on the rise, fraudsters are always changing ways in which they convince people to part with their money or sensitive information.
Global regulators say scammers are becoming ever more sophisticated, targeting victims with professional looking websites and messages through social media channels. The most…
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