06.03.2023
Rakuten Securities identified fraudsters with a similar logo
06.03.2023
Glory Faleke
Contributor

Rakuten Securities' Hong Kong office reported an increase in cases of scams involving the company's logo, name, and data.

This type of scam defrauds potential Rakuten Securities users into opening investment accounts. At the same time, these illegal businesses lack the necessary permits for this type of activity.

In light of these events, Rakuten Securities HK recommends double-checking the company's data and relying solely on information published on the broker's official website. The broker requests that all suspicious companies and individuals offering services on behalf of Rakuten Securities be notified via any available means.

Rakuten Securities is governed by the Australian Securities and Investments Commission and prioritizes the security of client accounts. In many ways, the broker exceeds the standards established by ASIC.