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Warning issued for new scam in UAE, even celebrities falling for it  SCA warning of a website impersonating licensed broker Equiti
March 27th, 2024 - 03:21 GMT

Warning issued for new trading scam in UAE, even celebrities falling for it

ALBAWABA - Investors are being cautioned by the Securities and Commodities Authority (SCA) of the United Arab Emirates about an unauthorized firm that is purporting to be the regulated worldwide broker Equiti, with its headquarters located in Dubai. The SCA warning noted that an unlicensed firm dubbed MRL Investments Ltd. and operating under the website Equiity.com is attempting to lure investors by impersonating as the licensed brokerage branded Equiti LLC ...
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