The Malta FSA Warns Five Unlicensed Entities

Recently, the Malta Financial Services Authority (MFSA) warned 5 unlicensed entities. They are:

Unlicensed Entity - Prolific Trades Ltd

Website: www.prolifictrades.com

Unlicensed Entity - World Smart Investments

Website: https://worldsmartinvestments.com/

Unlicensed Entity - Uniglobal Investment Limited or Uniglobal Invest Ltd

Website: https://uniglobalinvestltd.com/

Unlicensed Entity - Instant Globals Trade

Website: www.instantglobalstrade.com

Unlicensed Entities - Interactive Financial Investment & P240 Ltd

Website: https://interactivefinancialinvestment.com/

The MFSA wishes to alert the public that none of the entities are Maltese registered Company nor licensed/authorised by the MFSA to provide any financial services which are required to be licensed or otherwise authorised under Maltese law. The public should refrain from entering into any transactions or otherwise dealing with the above-mentioned entity on any matters falling within the parameters of the Investment Services Act, Chapter 370 of the Laws of Malta.

The MFSA reminds consumers not to enter into any financial services transaction unless they have ascertained that the entity with whom the transaction is being made is authorised to provide such services by the MFSA or another reputable financial services regulator. Investors should also be extra cautious when being approached with offers of financial services via unconventional channels such as telephone calls or social media.