TELA GROUP LIMITED claims to be registered in Hong Kong, China. It purports to have been in the market since 2014, but its domain name was registered at the end of 2021. This inconsistency is a red flag for a potential fraudulent platform. Our search in the register of the Hong Kong Securities and Futures Commission (HK SFC) doesn't return any corresponding records, indicating that its financial services or products are neither licensed nor supervised there. Additionally, the purported partnerships with Citibank and other renowned entities only exist on its website, making them baseless and untrustworthy. This is a fraudulent operation.
In essence, TELA GROUP LIMITED 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.
TELA GROUP LIMITED appears to be a scam.
TELA GROUP LIMITED claims to be registered in Hong Kong, China. It purports to have been in the market since 2014, but its domain name was registered at the end of 2021. This inconsistency is a red flag for a potential fraudulent platform. Our search in the register of the Hong Kong Securities and Futures Commission (HK SFC) doesn't return any corresponding records, indicating that its financial services or products are neither licensed nor supervised there. Additionally, the purported partnerships with Citibank and other renowned entities only exist on its website, making them baseless and untrustworthy. This is a fraudulent operation.In essence, TELA GROUP LIMITED 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.TELA GROUP LIMITED appears to be a scam.