The Financial Services and Markets Authority (FSMA) warns the public against the activities of the website named www.vuelex.com, which offers investment services without complying with Belgian financial legislation.
This ‘company’ is not authorized to provide investment services in or from Belgium.
Moreover, the offer made via that website shows numerous indications of fraud and seems to be similar to the fraudulent wealth management or savings plan offers denounced by the FSMA in the warning it published on 1 March 2019.
Vuelex uses the website www.vuelex.com and pretends to have offices in China and Japan.
This ‘company’ has also been the subject of a warning by the French supervisory authority (AMF) on 29 October 2020.
The FSMA thus strongly advises against responding to any offer of financial services made by that website and against transferring money to any account number it might mention.
More than ever, prudence is necessary.
If you have the least doubt about whether financial services being offered to you are lawful, please don’t hesitate to contact the FSMA directly via the consumer contact form. As well, feel free to notify us of any suspicious company that has not yet been the subject of a warning by the FSMA.
Source: FSMA
