24 Yield claims to be regulated by the Mauritius authority. Could you please help verify this?

24 Yield claims to be regulated by the Mauritius authority. Could you please help verify this?

Dear Investor,

24 Yield is believed to be a risky trading platform due to its questionable legitimacy.

Regarding the supposed license from the Mauritius Financial Services Commission (Mauritius FSC), the limited information provided by the authority makes it challenging to verify if 24 Yield and the services provided through 24yield.com are truly licensed and supervised by the Mauritius FSC. There might be potential identity theft involved, where a shady broker copies information from a genuine firm on the Mauritius FSC register to appear legitimate. Additionally, as an offshore area, Mauritius provides lax supervision and minimal protections.

Further compounding the concerns, the FCA has issued a warning, suspecting that 24 Yield may be providing financial services or products without proper authorization in the UK, meaning it operates outside regulatory oversight.

As such, investors are strongly advised to avoid trading with this platform to safeguard their assets.