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Algoproai (Mirabaud Group Ltd)
Operating status: SCAM
Website: https://algoproai.com/
Broker violations and abnormal records
On November 14, 2024, the Italian Companies and Exchange Commission (CONSOB) ordered Algoproai (Mirabaud Group Ltd)’s website to be blacked out since it offers financial services illegally in Italy. https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-14-november-2024-abuse-/718268
On November 14, 2024, the Italian Companies and Exchange Commission (CONSOB) ordered Algoproai (Mirabaud Group Ltd)’s website to be blacked out since it offers financial services illegally in Italy. https://www.consob.it/web/consob-and-its-activities/news-in-detail/-/asset_publisher/kcxlUuOyjO9x/content/press-release-of-14-november-2024-abuse-/718268The website of Algoproai (Mirabaud Group Ltd) seems to be relatively new, with its domain registered in June 2024. The brand claims to be owned by a company called Mirabaud Group Ltd, allegedly regulated by the Financial Conduct Authority (FCA). However, this company has been flagged by the FCA as a clone firm operating a phishing website. Anyway, this fact indicates that Algoproai (Mirabaud Group Ltd) is not reliable. In addition, the Italian Companies and Exchange Commission (CONSOB) ordered Algoproai (Mirabaud Group Ltd)'s website to be blacked out since it offers financial services illegally in Italy.
In essence, Algoproai (Mirabaud Group Ltd) is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Algoproai (Mirabaud Group Ltd) appears to be a scam.
The website of Algoproai (Mirabaud Group Ltd) seems to be relatively new, with its domain registered in June 2024. The brand claims to be owned by a company called Mirabaud Group Ltd, allegedly regulated by the Financial Conduct Authority (FCA). However, this company has been flagged by the FCA as a clone firm operating a phishing website. Anyway, this fact indicates that Algoproai (Mirabaud Group Ltd) is not reliable. In addition, the Italian Companies and Exchange Commission (CONSOB) ordered Algoproai (Mirabaud Group Ltd)'s website to be blacked out since it offers financial services illegally in Italy.In essence, Algoproai (Mirabaud Group Ltd) is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Algoproai (Mirabaud Group Ltd) appears to be a scam.On December 3, 2024, the Financial Conduct Authority (FCA) issued a warning against algoproai.com, identifying this company as a clone of an FCA-authorized firm. https://www.fca.org.uk/news/warnings/algoproai-clone-fca-authorised-firm
On December 3, 2024, the Financial Conduct Authority (FCA) issued a warning against algoproai.com, identifying this company as a clone of an FCA-authorized firm. https://www.fca.org.uk/news/warnings/algoproai-clone-fca-authorised-firmBrokersView found that the domain "https://algoproai.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
BrokersView found that the domain "https://algoproai.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.
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