Banque J. Safra Sarasin French Branch has been flagged by Commission de Surveillance du Secteur Financier for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". Unknown persons misuse the name of Banque J. Safra Sarasin (Luxembourg) SA, through its French branch and impersonate Banque J. Safra Sarasin (Luxembourg) SA’s and its French Branch’s employees. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I was contacted by Banque J. Safra Sarasin French Branch through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Pros: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
I was about to invest with Banque J. Safra Sarasin French Branch but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Commission de Surveillance du Secteur Financier has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database
I was contacted by Banque J. Safra Sarasin French Branch through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Blocked my account|No legitimate license|Fake returns