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BeGlobalFund
Operating status: SCAM
Website: https://www.beglobalfund.com/
Broker violations and abnormal records
On December 29, 2023, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against BeGlobalFund, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warning-list/beglobalfund/
On December 29, 2023, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against BeGlobalFund, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warning-list/beglobalfund/The website of BeGlobalFund doesn't disclose any information about its regulatory status. This absence of licenses is a red flag.
Despite its assertion of being based in Switzerland, it has not adhered to the country's regulations to secure a license from the Swiss Financial Market Supervisory Authority (FINMA). This disregard for compliance has led to its inclusion in FINMA's warning list.
In essence, BeGlobalFund is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
BeGlobalFund appears to be a scam.
The website of BeGlobalFund doesn't disclose any information about its regulatory status. This absence of licenses is a red flag.Despite its assertion of being based in Switzerland, it has not adhered to the country's regulations to secure a license from the Swiss Financial Market Supervisory Authority (FINMA). This disregard for compliance has led to its inclusion in FINMA's warning list.In essence, BeGlobalFund is not regulated by any governing body. Entrusting this broker with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.BeGlobalFund appears to be a scam.On 23 January 2024, the British Columbia Securities Commission (BCSC) issued a warning that BeGlobalFund was providing financial services or products without authorisation. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/beglobalfund
On 23 January 2024, the British Columbia Securities Commission (BCSC) issued a warning that BeGlobalFund was providing financial services or products without authorisation. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2024/beglobalfund
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