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Broker violations and abnormal records
  • 2024-05-13 BrokersView has reviewed that JS is an unregulated broker

    There are three signs that the financial services provided through js.mba could potentially be unlawful:

    1) Regulated brokers typically publicly disclose their licensing information to ensure transparency and compliance. However, JS, despite claiming to be regulated, only states that "Information on regulation, licenses, and other legal documents can be found in the personal cabinet". This lack of transparency raises concerns about its legitimacy and credibility, as it hinders investors' ability to verify the authenticity and legitimacy of the broker before registration.

    2) The address provided is vague. While it claims to be located in the UK, it only mentions that it is at 40 Bank Street, a building, without specifying the exact office room or floor within the building. This raises doubts about whether it is actually located in this building and suggests an intention to evade customers and authorities.

    3) We have not found any records on the Financial Conduct Authority (FCA) register that would validate the website's legitimacy. It appears that js.mba is operating outside of the regulatory framework enforced by the FCA, which is a significant indicator of a scam.

    In essence, JS 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. JS appears to be a scam.

    There are three signs that the financial services provided through js.mba could potentially be unlawful:1) Regulated brokers typically publicly disclose their licensing information to ensure transparency and compliance. However, JS, despite claiming to be regulated, only states that "Information on regulation, licenses, and other legal documents can be found in the personal cabinet". This lack of transparency raises concerns about its legitimacy and credibility, as it hinders investors' ability to verify the authenticity and legitimacy of the broker before registration.2) The address provided is vague. While it claims to be located in the UK, it only mentions that it is at 40 Bank Street, a building, without specifying the exact office room or floor within the building. This raises doubts about whether it is actually located in this building and suggests an intention to evade customers and authorities.3) We have not found any records on the Financial Conduct Authority (FCA) register that would validate the website's legitimacy. It appears that js.mba is operating outside of the regulatory framework enforced by the FCA, which is a significant indicator of a scam.In essence, JS 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. JS appears to be a scam.
  • 2024-08-13 The FCA identifies JS as a clone firm

    On August 14, 2024, the Financial Conduct Authority (FCA) issued a warning about the impersonation of JS Financial Planning Limited. The clone firm's sites are: js.mba, js.fo, and js.cyou. https://www.fca.org.uk/news/warnings/jsmba-jsfo-jscyou-clone-fca-authorised-appointed-representative

    On August 14, 2024, the Financial Conduct Authority (FCA) issued a warning about the impersonation of JS Financial Planning Limited. The clone firm's sites are: js.mba, js.fo, and js.cyou. https://www.fca.org.uk/news/warnings/jsmba-jsfo-jscyou-clone-fca-authorised-appointed-representative

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Q&A

3 comments

hadas ainbinder
its a scam! i lost money there!
2024-07-03
1
Reply
Dave mier
This site is a scam,and a very good one,they gave me a false paperes about a firm that is real, after talking with the firm i have been told that this is not them
2024-05-15
1
Reply
Yaki Hakimi
so i have lost 60000 shekels :(
2024-06-10
2
Reply
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