The Belgium Financial Services and Markets Authority has warned that fraudsters are unlawfully targeting investors in Belgium by impersonating OGESIP Invest, a Belgian-law institutional open-ended investment company held by OGEO Fund. The regulator said the perpetrators created the fraudulent website ogesip-investment.com and are using OGESIP Invest’s information and contact details without authorization, even though OGESIP Invest itself does not have a website. The website is not authorized to provide investment services in Belgium. The FSMA described the case as a cloned firm fraud, in which criminals copy the identity of an authorized institution to make consumers believe they are dealing with a legitimate provider of regulated investment products or services. It advised the public not to respond to offers from the individuals behind the scheme and not to transfer money to any account they provide. The regulator also urged consumers to verify a firm’s identity and authorization status, compare website and regulatory contact details, check for lookalike web domains, test whether the facts match the claimed location and profile of the firm, review how recently a website was created, and be cautious of promises of unusually high returns.