ANSWER Dear Trader,We understand the distress and frustration this situation may have caused you. Indeed, we have recently received numerous negative reviews and complaints from Inefex's customers, accusing it of being a fraudulent broker. We urge you to report this case to your local authorities.As a third-party service, we are dedicated to advocating for the rights of victims and taking appropriate action against fraudulent entities. We are committed to providing support at no cost to you and doing our utmost to ensure a fair resolution to your complaint. We encourage you to file a complaint through our official platform at https://www.brokersview.com/complaint.As flagged by us, Inefex is not a fully regulated broker. While it claims to be operated by Novir Markets Ltd, a company supposedly registered with the Mauritius Financial Services Commission (Mauritius FSC), there are several signs that indicate risks associated with the broker. Offshore jurisdictions like Mauritius are sometimes criticized for their questionable standards and abilities to implement strict rules for financial brokerages. Since the Mauritius FSC doesn't strictly disclose specific information such as the licensee's phone numbers, physical addresses, and registered website addresses for investors to verify, it is a loophole exploited by some unscrupulous brokers to misappropriate this licensing information, impersonating a license holder in this jurisdiction.Therefore, we consistently underscore the importance of due diligence and exercising extreme caution when dealing with a broker registered solely with the Mauritius FSC.Please Note:Do not trust any individuals or businesses claiming that they can help you recover your lost funds. This is known as a Recovery Room Scam, which has been flagged by financial regulators. Their intention is not to assist you, but to further drain your resources. There are two warnings about this scam from financial regulators that you can refer to in order to gain a comprehensive understanding of the scam and learn how to recognize it. Access the FCA warning here, and the FSMA warning here.
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