September 4, 2018, The Financial Commission, a leading independent member-driven external dispute resolution (EDR) organization for international online brokerages that participate in global foreign exchange (forex), derivatives, and CFD markets, today announces blocking of a clone website (http://financialcommission.info) that mimicked the Financial Commission in an attempt to defraud Forex traders.
The Commission was recently contacted with information indicating that aforementioned clone website and several representatives claiming to be from the Financial Commission were using the similar website URL and like-minded logo while purporting to offer fictitious services in what appears to be an attempt to scam customers.
The nature of the information received from the public led the Financial Commission to immediately notify all relevant parties that the perpetrator is a clone not associated with the Financial Commission in any way and may be operating a fraud as victims indicated the clone entity was offering reimbursement of account funds to broker customers in exchange for a fee.
The Commission also immediately took steps to protect its intellectual property, which is protected by trademark in the United Kingdom. As a result, the aforementioned clone website has been successfully blocked and the Financial Commission filed a claim with the domain registrar to take ownership of the all-too-similar domain address to ensure that traders are always accessing official Financial Commission materials. Moreover, the Financial Commission takes all necessary actions, including reporting to law-enforcement authorities and initiation of legal proceedings against “catfish”, in order to protect and prevent all fraudulent activities against its clients in the future.
We remind the trading community that the Financial Commission services for traders are 100% free and our representatives will contact broker clients by phone or email only in response to an inbound inquiry received on our website and social media pages. The Financial Commission absolutely does not solicit payments or fees for its services from traders.
The great lengths that companies may go to help perpetrate a fraud can be difficult for even the most cautious investors to detect. Be sure that the .org suffix is at the end of the URL when searching for our website, or clicking on related links when attempting to visit https://financialcommission.org and contact us to verify any email you receive from anyone claiming to be affiliated with the Financial Commission.