Unknown (Misrepresentation of trade name, such as "Wells Fargo Securities Co., Ltd.") has been flagged by Financial Services Agency for "Unregistered/Unlicensed entity offering financial products or services". 1. Location of office or Address
Unknown
2. Content, etc. of Business
Indication on the corporate website that the company conducts financial instruments business without the statutory registration in Japan
3. Notes
The company misrepresents itself as a registered Type I financial instruments b... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
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: Appears in regulatory warnings database|Uncertain regulatory status
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Unknown (Misrepresentation of trade name, such as "Wells Fargo Securities Co., Ltd.") is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Professional looking website
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
I was contacted by Unknown (Misrepresentation of trade name, such as "Wells Fargo Securities Co., Ltd.") 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
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Unknown (Misrepresentation of trade name, such as "Wells Fargo Securities Co., Ltd.") has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Cons: Flagged by Financial Services Agency|Cannot verify credentials