A warning has been issued by the Financial Conduct Authority (FCA). The FCA has reportedly issued a warning against CRYPTO INVESTMENT SOLUTIONS. In the warning, the regulatory authority has intimated the investment community and the locals of the United Kingdom about the service provider.
Warning against CRYPTO INVESTMENT SOLUTIONS
As per the regulatory authority, CRYPTO INVESTMENT SOLUTIONS is involved in providing unauthorized services in the United Kingdom. As per the FCA, the firm has no authorization to operate in the United Kingdom. The firm has no legal right to interact with the people of the United Kingdom to offer them financial and investment services.
It has been advised by the regulator that the firm is providing these services without the acquisition of any authorization. The firm has acquired no authorization whatsoever from any of the regulatory authorities in the United Kingdom to offer such services.
How To Get Your Money Back?
Get your money back from any scam broker!
Fill in the contact form on the page in this link and you will get the help you need in order to recover your stolen money! You will be guided through the whole refund process by the customer support of a recommended scam recovery service after which a case will be opened for you by a personal case manager.
Reiteration by the FCA
The FCA has reminded the public, especially the investment community in the United Kingdom to be cautious interacting with the firm. The firm is misrepresenting itself as a legal and authorized entity in the United Kingdom for offering financial opportunities to the locals.
The regulator has also issued a reminder that for any firm to operate and provide financial/investment services to the locals, an authorization is required. The appropriate authorization is provided by the Financial Conduct Authority.
If the firm claims it has an authorization to operate in the United Kingdom from a regulatory authority other than the FCA, then it is a false statement.
The firm may be making such a statement to mislead the public of the United Kingdom to earn their trust. It is the FCA, which is responsible for issuing the proper certification to such firms so they can operate in the United Kingdom.
The FCA has made it clear it has given no authorization to CRYPTO INVESTMENT SOLUTIONS to operate in the United Kingdom. Therefore, the entity has no authorization of offering financial products or services in the United Kingdom.
FCA Wants the Public to Remain Cautious
The FCA has requested that the public must remain cautious and wary of the firm claiming to be offering investment opportunities. The services being offered by the firm are unauthorized and pose great liability. Therefore, the citizens are requested to remain very vigilant and cautious when dealing with the firm.
The Financial Conduct Authority has also asked the people to be fully aware of their rights. It has asked them to protect themselves and their funds from the likes of CRYPTO INVESTMENT SOLUTIONS.
The authority has recommended that the public must not interact with the firm and protect their interests. The firm may try and make an attempt to acquire their funds and make a run for it.
No Protection from FSCS and FOS
In the light of the above warnings and details, the FCA has also alerted the investors about the possible losses. The authority has warned the public interacting with the firm that they will have no coverage in case they end up facing losses.
If the citizens interacting with the unauthorized firm end up losing their funds or gains, there will be no legal way of retrieving them. Interacting with an unauthorized firm is a breach of the regulatory guidelines. The responsibility for any losses incurred when interacting with such firms are the sole responsibility of the users.
The citizens who end up facing financial losses interacting with the firm will have no protection through the Financial Services Compensation Scheme (FSCS). Similarly, the users will not be able to access the Financial Ombudsman Service (FOS).
Details about the Firm
The unauthorized firm claims it is regulated to operate and offer financial/investment services in the UK. It claims to be providing the people of UK the ability of investing in cryptocurrencies offering steady income and instant withdrawals.
The website for the firm is https://cryptoinvestmentsolutionsltd.com/ and the email address they offer is admin@cryptoinvestmentsolutionsltd.om. The address on their website is Unit 4, Imperial Place, Maxwell Road, London.
How To Get Your Money Back?
Get your money back from any scam broker!
Fill in the contact form on the page in this link and you will get the help you need in order to recover your stolen money! You will be guided through the whole refund process by the customer support of a recommended scam recovery service after which a case will be opened for you by a personal case manager.
