The Seychelles Financial Services Authority (FSA) published a scam alert warning investors, licensees and the public that the website luxequant.com displays the licence and registration number of an FSA regulated Securities Dealer, but is not linked to any entity licensed or regulated by the FSA. The FSA urged the public to conduct adequate research on any entity, service provider and representative before engaging in business activities or transactions involving money exchanges or the sharing of personal details. It also stated that it will not be liable if persons continue to engage with, maintain a client relationship with, or use services provided with or by the website.
Seychelles Financial Services Authority 2025-05-07
Seychelles Financial Services Authority issues scam alert over luxequant.com’s unauthorised use of an FSA securities dealer licence number
The Seychelles Financial Services Authority (FSA) issued a scam alert regarding luxequant.com, which falsely displays the licence and registration number of an FSA-regulated Securities Dealer. The FSA emphasized the importance of conducting thorough research before engaging in financial transactions and clarified it will not be liable for any engagements with the website.