Belgium's Financial Services and Markets Authority (FSMA) warned yesterday of criminals who have stolen the FSMA's identity, defrauding consumers of money or inducing them to disclose private information.

Specifically, these bad actors misused FSMA's name and logo and impersonated its employees to mislead consumers, Victims were contacted by email at no-replyfsma@outlook.com, ldavis@finglobalsolution.com and recovery@tfsma.com. They contact victims of investment fraud with the promise that they can help recover lost money.

The Belgian watchdog noted that the fraudsters sent the following letters to potential victims:

The FSMA urges consumers to be extremely vigilant when receiving unsolicited information, and in particular not to respond to any requests to transfer money for financial services or products purportedly offered by the FSMA. The regulator has passed this information on to the judiciary.

In February, the FSMA issued a warning about 21 new fraudulent trading platforms appearing on the Internet.