The Malta Financial Services Authority (“MFSA” or “the Authority”) has become aware of an entity operating under the name of CC Funds Capital (Malta) Limited (“the Entity”) which has an internet presence at https://ccfundscapital.ltd/. This website is making unauthorised use of details belonging to an MFSA licenced company CC Fund Services (Malta) Limited (C 45733) and claims to be recognised by the MFSA as a Fund Administrator that forms “part of the Calamatta Cuschieri Group”.
The Authority would like to inform the public that CC Funds Capital (Malta) Limited is NOT a Maltese registered company NOR licensed or otherwise authorised by the MFSA to provide any financial services which are required to be licensed or otherwise authorised under Maltese law. Additionally, the Authority confirms that https://ccfundscapital.ltd/ has NO association with CC Fund Services (Malta) Limited (C 45733).
The website https://ccfundscapital.ltd/ 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 on any matters falling within the parameters of the Investment Services Act, Chapter 370 of the Laws of Malta.
|CC Fund Services (Malta) Limited||CC Funds Capital (Malta) Limited|
|EWROPA BUSINESS CENTRE
TRIQ DUN KARM
BKARA BKR 9034
|MFSA Recognised Fund Administrator and Class C CSP||Unlicensed|
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 viewed 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 unauthorised entity or any other type of financial scam, first of all stop all transactions with the company and contact the MFSA at https://www.mfsa.mt/about-us/contact/ as soon as a suspicion arises.
This news item was originally published by the Malta Financial Services Authority (MFSA MT). For more information, see the Source Link.