Tag: regulatory warning
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FMA Alerts Chance Voight Investors on Bernard Whimp Payment Requests
Overview: FMA warning raises investor red flags The Financial Markets Authority (FMA) has issued a formal warning to investors connected with the Chance Voight group, citing concerns over payment requests associated with Bernard Whimp. The regulator’s alert signals possible breaches of New Zealand’s corporate and financial markets laws and underscores the risk of unsolicited requests…
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Double Whammy: SEC Warns Against Swindlers Preying on Scam Victims
SEC Alerts Public to Double-Whammy Recovery Scams The Securities and Exchange Commission (SEC) has issued a strong warning about a troubling pattern where self-styled “recovery” or “advance-fee recovery” outfits target individuals who have fallen victim to investment scams. These schemes mimic legitimate assistance but are designed to defraud victims a second time by demanding upfront…