Finance and Currency Limited

Quick summary on Finance and Currency Limited

Deceptive Operational Tactics: The entity regularly switches website addresses to evade detection and continue its fraudulent activities. Their platform displays fake transactions to simulate profitability, luring victims into investing more money.

Misleading Marketing: Scammers bombard potential victims with urgent messages and calls, pushing for quick investments under the guise of “time-sensitive” opportunities. They advertise unrealistic returns—sometimes as high as 20% monthly—to create a false sense of security.

Lack of Regulatory Transparency: Although licensed by the FSC of Mauritius, the regulatory oversight is minimal compared to more stringent bodies, increasing investor risk. Any claims of regulatory compliance are dubious, as the actual oversight does not match the promises made by the company.

Unfavorable Financial Conditions: The high minimum deposit requirement forces investors to commit large sums upfront, amplifying financial exposure. Hidden fees and unclear terms, particularly concerning withdrawals, leave investors with unexpected charges and reduced access to their funds.

Devastating Real-Life Consequences: Numerous reports indicate that victims lose significant portions of their life savings, often resulting in severe debt and financial distress. The betrayal and subsequent losses lead to substantial emotional turmoil, with victims expressing feelings of hopelessness and despair.