CySEC Issues Alert Over Fake Websites and Scams Impersonating the Regulator

The Cyprus Securities and Exchange Commission (CySEC) has issued a stern warning to the public regarding a number of fraudulent websites that are misrepresenting themselves as being associated with the regulatory body and claiming to offer services to recover investment losses. The commission identified several such malicious websites, including getyourmoneyback.ltd, getyoursback.org, theystole.net, chargebackinternational.com, chargebackme.com, and chargebackmoney.biz.

According to CySEC, these sites are being promoted through online advertisements and across various social media platforms, with their primary targets being individuals who have already suffered financial losses through online scams. The perpetrators behind these operations are actively seeking to collect personal and financial information by contacting investors through deceptive websites, emails, and phone calls, while falsely asserting a connection to the commission.

In its official announcement, CySEC warned that “there may be other similar websites which have not yet come to its attention,” emphasizing the evolving nature of the threat. The commission further explained that the fraudsters are using email addresses that closely resemble legitimate CySEC domains—specifically mimicking the @cysec.gov.cy format—to impersonate CySEC representatives or officials.

These impersonators are reportedly offering to help victims recover funds lost to both regulated and unregulated entities, but CySEC categorically denied any involvement in such recovery operations. “CySEC never contacts individuals by telephone or sends unsolicited correspondence and does not request personal data, financial or other information,” the commission clarified.

Investors were strongly urged by CySEC to verify any communication that appears to come from the regulator before responding or taking any action. The commission advised the public to contact report.fraud@cysec.gov.cy to confirm the legitimacy of such interactions and to report any suspicious activity.

CySEC reiterated that official emails from the commission are always sent from addresses ending in cysec.gov.cy, though it acknowledged that scammers are capable of masking email identities to appear genuine. The regulator also underscored that it “has no authority to collect fees from individual investors, nor does it authorise anyone to act on its behalf for this purpose.”

In addition, CySEC made it clear that it does not participate in, validate, or facilitate class action suits, compensation claims, or payments between individuals, entities, or any public or private organizations. The regulator has been active in issuing a series of alerts about unregulated firms and the impersonation of its representatives, all of which are accessible on its official website under the section titled CySEC warnings.

The commission also provides a dedicated investor guide aimed at helping individuals recognize and avoid scams, available on its website. In closing, CySEC called on the public to remain vigilant and “refrain from sending money to anyone claiming to represent the regulator,” urging caution in all dealings that appear to involve the commission or its name.

By fLEXI tEAM