Home   Browse contents   View updates   Search  
     Quick search
Go
   

Dubai Financial Services Authority (DFSA): Contents

Dubai Financial Services Authority (DFSA)
Laws
Rulebook Modules
Sourcebook Modules
Consultation Papers
Policy Statements
DFSA Codes of Practice
Amendments to Legislation
Media Releases
2008
12 May 2008 — DFSA issues consumer alert : DIFC Investment Scam
Notices
Financial Markets Tribunal
Archive

Whole SectionText only Print Print Manager Link


  Versions
(1 version)
 
May 12 2008 onwards

12 May 2008 — DFSA issues consumer alert : DIFC Investment Scam



Alert: DIFC Investment Scam

The Dubai Financial Services Authority (DFSA) alerts the financial services community of a fraudulent internet investment scam, claiming to represent Dr Omar Bin Sulaiman, the Governor of the Dubai International Financial Centre (DIFC), inviting individuals to participate as a broker/agent in a DIFC individualised equity investment portfolio management program; a program that does not exist in reality. The invitation represents that the DIFC is privately looking for fiduciary agents and management experts who will be willing to act as investment portfolio holders and administrators. The fraudulent scheme offers financial rewards to those who participate. This e-mail is linked to organised fraud and the DFSA strongly advises that you do not respond to the invitation.