• Crypto currencies are a trending topic nowadays.
  • The idea of investing money and having it quickly doubled, tripled or maybe more, sounds attractive.
  • But maybe it’s too good to be true.
  • Stop!! it may be a fraud.
  • Cyber criminals have found ways to make fraud deals in this universe.
  • Thousands of people are getting trapped in online scams of cryptocurrency.
  • The victims cannot report this scam to anyone as the transactions are done virtually without being traced.
  • Do not reply to emails or inbound communications from strangers telling you they need help moving some money, where-after in exchange for your services, you’ll get a portion of the funds.
  • Do not give your personal information, bank details, passwords or access to your computers using remotely tools.
  • Beware of emails that appear to be from services you use soliciting you for action, such as resetting your password, or clicking on links.
  • Do not install software or log in to a website unless you are 100% sure it isn’t a fake one.
  • Verify the legitimacy of URLs, Telegram groups, Twitter accounts, and more.
  • Check on internet if other people have evaluated the performance of the person and the company that offers you the investment.
  • The information will be your best protection tool.

The “Commission de surveillance du secteur financier” in Luxembourg also publishes on its website alerts concerning investment companies without authorisation in Luxembourg. These alerts and other information can be found on the CSSF website:

In order to inform the public about these scams, the CSSF has also published a series of videos related to these financial frauds: