CySEC Issues IMPORTANT WARNING: Be Alert to These Malicious Websites Impersonating Commission

The Cyprus Securities and Exchange Commission (CySEC) today issued an important warning about malicious websites impersonating the regulator. CySEC has determined that the website “cysecgov.org” and “cysecgov.cc” have been maliciously created and do not belong to CySEC. The email address “supportcenter@cysecgov.org” mentioned on “cysecgov.org” does not belong to CySEC either. 

“Through these websites and the email, individuals are fraudulently presenting themselves as officers or representatives of CySEC, approaching investors and demanding fees in exchange for allegedly arranging the recovery of losses suffered by investors as a result of their investments in companies under CySEC’s supervision,” stated CySEC in an official announcement.

CySEC notes that there has recently been an increase in cases where individuals fraudulently present themselves as representatives of CySEC, both through email and fake accounts on social media platforms (Facebook, Instagram, Telegram, Viber, and WhatsApp). CySEC urges the public to be alert to these scams, to remain vigilant and cautious of any unsolicited communication claiming to be from CySEC and to refrain from sending money to anyone claiming to represent it. 

To help the public to identify and avoid malicious sites, CySEC offers the following tips: 

• CySEC never contacts individuals by telephone or sends unsolicited correspondence and does not request personal data, financial or other information. 
• Investors are urged to contact CySEC to confirm the authenticity of communications by sending an email to info@cysec.gov.cy before taking any action, and to inform CySEC of any suspicious activity that comes to their attention. 
• Genuine emails from CySEC include addresses ending in cysec.gov.cy – although, there have been cases where fraudsters have disguised their web addresses to copy these. 
• CySEC has no authority or mandate to collect fees for any purpose from individual investors, nor does it have authority to appoint anyone to do so on its behalf. 
• CySEC does not authorise, verify, monitor, or engage in any way in class actions, compensation schemes, payments between natural or legal entities or any public or private organisations.