Hong Kong Financial Trading Authority

Hong Kong Financial Trading Authority www.hkfta.org is a scam, I have to say it is much more convincing than the usual boiler rooms. It is on a warning list in Australia and elsewhere. It seems boiler rooms might use something like this to convince people they are regulated when in fact it is just another scam. This website is hosted on the same IP as www.shigesuke.net which is again listed as a boiler room scam. Also hosted is Kuanlaw.com which is listed elsewhere as a scam.

Seems they have the full package here, broker, regulator and lawyer. all they need to rip people off.

Schoolboy error though calling themselves 'authority'. They're trying to sound like 'HKMA', which is one of the two regulators down there.

Yes but convincing enough website if you were some unsuspecting pensioner that they'd picked on.

Oh I don't doubt it. They're all scum.

the real Hong Kong financial regulatory should be this, http://www.sfc.hk/sfc/html/EN/

everyonerich said:

the real Hong Kong financial regulatory should be this, http://www.sfc.hk/sfc/html/EN/

Click to expand...

Also see www.hkofx.com and Shanghai Commodities Exchange, mostly the same website content, same sort of scam no doubt