Recently, the Financial Conduct Authority (FCA) in the UK warned investors not to imitate London Capital Group (LCG), an authorized provider of spread trading and contract for difference trading. British regulatory authorities have stated that clones have been contacting British citizens and pretending to obtain necessary permits.
According to the FCA, the fraud platform operates the following websites: www.cintra. group/, www.londoncapitalgroup. pro, and www.cint. pro/. However, the authorized company's website is www.lcg.com.
Fraudsters may provide other false details, including email addresses, phone numbers, postal addresses, and company reference numbers. "UK regulatory authorities explain the operation of such illegal trading platforms, stating that" they may mix these details with the actual details of authorized companies. Over time, they may also change their contact information, "he added.
