The Malta Financial Services Authority (“MFSA” or “the Authority”) has become aware of an entityby the name of IIG Banks which has an internet presence at https://iigbanks.com. Theaforementioned website is misusing the details of an MFSA licensed bank – IIG BANK (MALTA)LTD. Fraudsters are using the details and website contents of this genuine bank in an effort todeceive the public.
The Authority would like to inform the public that https://iigbanks.com is NOT a Malteseregistered company NOR is it authorised to provide any financial services in or from Malta.Additionally, https://iigbanks.com has NO association with IIG BANK (MALTA) LTD.
The website https://iigbanks.com therefore appears to be a clone of the website of the legitimateentity and the public should therefore refrain from undertaking any business or transactions withthe false entity.
The MFSA would like to remind consumers of financial services not to enter into any financialservices transactions unless they have ascertained that the entity with whom the transaction is being made is authorised to provide such services by the MFSA or another reputable financialservices regulator. A list of entities licensed by the MFSA can be viewed on the official website ofthe Authority at https://www.mfsa.mt/financial-services-register/.For more information on clone companies please refer to the Scam Detection Guidelines issued bythe MFSA at https://www.mfsa.mt/consumers/scams-warnings/typical-scams/.If you are a victim of a scam or think you might be dealing with an unauthorised entity or any typeof financial scam, first of all stop all transactions with the company and contact the MFSA athttps://www.mfsa.mt/about-us/contact/ as soon as a suspicion arises.