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18 Aug 2022, 10:47 am | Unauthorised firm

Instagram page falsely claims that Company is regulated by the DFSA

The Dubai Financial Services Authority (DFSA) alerts the financial services community and members of the public about a website which falsely claims that a company called "Relish Capital" is regulated by the DFSA.

The Instagram page with the handle “relish_capital” states in its biography and on a number of images posted on the page that it is authorised by the DFSA.  The website associated with the firm is www.relishcapital.co/home.

The DFSA confirms that the information on the Instagram page and website is false, and that no company called “Relish Capital” is regulated by the DFSA.

The DFSA strongly advises that you do not respond to any communication regarding the scam, and under no circumstances should you send or give any money to any party in connection with the scam.

The DFSA has a page on its website dedicated to alerts which it has issued about scams. All alerts issued by the DFSA may be accessed by going to: ALERTS

The DFSA has also issued warnings and guidance about the common types of scams perpetrated on consumers. For more information on these scams, please go to: HOW TO AVOID BEING SCAMMED

The DFSA encourages consumers to refer to the list of regulated Firms and Authorised Individuals licensed by the DFSA that is available on the DFSA's: PUBLIC REGISTER

If you have any concerns about the authenticity of any correspondence or documents that purport to be issued by the Dubai International Financial Centre (DIFC), DFSA or a DFSA regulated Firm, you should direct your concerns to the DIFC on Tel:+971 4 362 2222 and to the DFSA via the DFSA Complaints function on: COMPLAINTS 

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