HK regulator warns public of suspicious Forex products offered by Eternity Prime Limited
Hong Kong’s Securities and Futures Commission (SFC) today warned the public of suspicious investment products named “Eternity.inc forex packages” offered by Eternity Prime Limited.
The products have not been authorised by the SFC for offering to the Hong Kong public and are suspected to have breached the Securities and Futures Ordinance (SFO). The SFC also noted that the products claim to have very high annual returns of 36-84%.
The SFC posted the products and their related information on its Suspicious Investment Products Alert List on 12 January 2024.
The regulator warns the public against investing in any non-SFC authorised investment products. As these products are not regulated by the SFC, their investors have no or very limited protection and may lose all their investments. The SFC once again reminds the public to be cautious and skeptical about “too-good-to-be-true” investment opportunities, and to stay vigilant when making investment decisions.
The SFC will take all appropriate actions where there is any breach of the law.