BILUXFITEX claims to offer investment packages with passive returns that seem too good to be true. This is a common tactic used by scammers to lure unsuspecting investors. However, the website of BILUXFITEX does not disclose any licensing information for verification, indicating that it is likely unregulated. In addition, the Financial Conduct Authority (FCA) has issued a warning about BILUXFITEX, flagging it as unauthorized.
In essence, BILUXFITEX 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.
BILUXFITEX appears to be a scam.
BILUXFITEX claims to offer investment packages with passive returns that seem too good to be true. This is a common tactic used by scammers to lure unsuspecting investors. However, the website of BILUXFITEX does not disclose any licensing information for verification, indicating that it is likely unregulated. In addition, the Financial Conduct Authority (FCA) has issued a warning about BILUXFITEX, flagging it as unauthorized.In essence, BILUXFITEX 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.BILUXFITEX appears to be a scam.