CashFX Group has obtained a securities fraud warning from the Jersey Monetary Companies Fee (JFSC).
Simply so we’re clear, that’s Jersey the UK dependency not New Jersey within the US.
As per the JFSC’s February eighth warning, the regulator is
warning Islanders to be further vigilant after studies {that a} enterprise referred to as CashFX could also be focusing on residents.
The JFSC is anxious that CashFX could also be providing monetary companies and merchandise within the Island with out holding a licence to take action.
That is the equal of a securities fraud warning in different jurisidictions.
Jersey is an island self-governing dependency of the UK, located between the UK and France.
The UK’s FCA was the first regulator to concern a CashFX Group securities fraud discover.
Regardless of the FCA’s warning, Alexa nonetheless ranks the UK as the highest supply of site visitors to CashFX Group’s web site (32%).
Whether or not that features site visitors from Jersey is unclear.
The JFSC requests anybody in Jersey approached to spend money on CashFX Group attain out to them.