Dear scamFRAUDalert,
The Dubai Financial Services Authority (DFSA) warns the financial services community and the public of a scam in which the scammers falsely claim to be an Authorised Firm, based in the Dubai International Financial Centre (DIFC) and regulated by the DFSA.
The scammers offer trading services to potential investors under the trading name “Amana Trade”. In doing so, the scammers have impersonated a legitimate DIFC incorporated and DFSA regulated Authorised Firm, namely, Amana Financial Services (Dubai) Limited, by:
• using the name “Amana Trade” which is similar to “Amana Financial Services (Dubai) Limited”; and
• falsely representing that it is a DFSA Authorised Firm.
scamFRAUDalert™ Report 