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New Pacific
Operating status: SCAM
Website: https://www.newpc-hk.com/
Broker violations and abnormal records
On 22 February, 2024, the Securities And Futures Commission(SFC) issued a warning against New Pacific, believing this company might be providing financial services or products without proper authorization in the HK. https://www.sfc.hk/en/alert-list/3003
On 22 February, 2024, the Securities And Futures Commission(SFC) issued a warning against New Pacific, believing this company might be providing financial services or products without proper authorization in the HK. https://www.sfc.hk/en/alert-list/3003According to its website, It claimed that it was regulated by the Securities and Futures Commission(SFC), but after inquiries, it was found that the SFC issued a warning to it. In addition, it is worth our attention that the website is not associated with New Pacific Capital Limited, which is an SFC-licensed corporation.
In essence, New Pacific 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.
New Pacific appears to be a scam.
According to its website, It claimed that it was regulated by the Securities and Futures Commission(SFC), but after inquiries, it was found that the SFC issued a warning to it. In addition, it is worth our attention that the website is not associated with New Pacific Capital Limited, which is an SFC-licensed corporation.In essence, New Pacific 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.New Pacific appears to be a scam.BrokersView found that the domain "https://www.newpc-hk.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://www.newpc-hk.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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