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Onboard Capital
On November 8, 2024, the Financial Conduct Authority (FCA) issued a warning against Onboard Capital, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/onboard-capital
On November 8, 2024, the Financial Conduct Authority (FCA) issued a warning against Onboard Capital, believing this company might be providing financial services or products without proper authorization in the UK. https://www.fca.org.uk/news/warnings/onboard-capitalAccording to its website, it claims to have been established in 2005, but after checking, it was found that its domain name was not registered until 2024. In addition, it claims to have two office addresses, one in the UK and one in Australia. Upon investigation, no matching information was found in the
Australia Securities & Investment Commission (ASIC). And the Financial Conduct Authority (FCA) issued a warning against Onboard Capital, believing this company might be providing financial services or products without proper authorization in the UK.
In essence, Onboard Capital 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.
Onboard Capital appears to be a scam.
According to its website, it claims to have been established in 2005, but after checking, it was found that its domain name was not registered until 2024. In addition, it claims to have two office addresses, one in the UK and one in Australia. Upon investigation, no matching information was found in the Australia Securities & Investment Commission (ASIC). And the Financial Conduct Authority (FCA) issued a warning against Onboard Capital, believing this company might be providing financial services or products without proper authorization in the UK.In essence, Onboard Capital 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.Onboard Capital appears to be a scam.
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