The Cyprus Securities and Exchange Commission (CySEC) has recently detected new cases of fraudulent impersonation of its website https://www.cysec.gov.cy and detected persons fraudulently presenting themselves as CySEC Officers.

The fake websites are:

• cysec-regulatory.com
• www.cysecsupport.online
• www.cysec-support.online
• www.cysecgov.com
• www.cysecs.group

Investors should be particularly vigilant of imposters soliciting fees in exchange for settlement of bogus compensation claims.

CySEC reminds the public that it never sends unsolicited correspondence to investors, or the public, nor does it request payments, or individual personal data, financial or otherwise. It is therefore likely that any such demands will be part of a sophisticated online campaign to defraud investors.

As a regulatory authority, CySEC has no authority or jurisdiction to collect fees for any purpose from individual investors, nor does it have authority to appoint anyone to do so on its behalf.

CySEC does not authorize, verify, monitor, nor is it in any way involved in class actions, compensation schemes, payments between natural or legal entities or any public or private agencies.

The regulator urges the public to remain vigilant regarding any unsolicited communication purporting to be from CySEC and to refrain from giving money to anyone who claims to be representing CySEC. Investors receiving any such communications are strongly advised to contact CySEC to confirm the authenticity of the communication at info@cysec.gov.cy before taking any action.

This is not the first time CySEC encounters impersonators. In April 2022, for instance, the regulator issued a warning regarding individuals posing as its representatives.

The regulator has been informed that persons fraudulently presenting themselves as CySEC Officers or representatives are soliciting investors for fees in exchange for settlement of bogus compensation claims related to firms under CySEC supervision.