Mortimer Investment Review

The MAS published a warning against Mortimer Investment 

Addressing the fraudulent offering of financial services by Mortimer Investment, the Monetary Authority of Singapore (MAS) has issued a warning. With this action, the regulatory body demonstrates its dedication to protecting customers from dangers related to unauthorized businesses functioning within the financial sector.

It is recommended that customers proceed cautiously and thoroughly investigate any financial service provider before interacting with them. Ensuring a safer investing experience and reducing possible dangers may be done by checking the authorization status of companies and consulting with reliable financial advisors.

According to Scams Report, Mortimer Investment is an unlicensed broker.

Mortimer Investment’s claims of regulatory authorization have come under scrutiny following investigations that reveal discrepancies in the information provided on its website. While Mortimer Investment asserts authorization and regulation by The Securities Commission of the Bahamas (SCB) and affiliation with Mortimer PLC, authorized and regulated by the Financial Conduct Authority (FCA), these assertions have not been substantiated upon further examination.

Despite Mortimer PLC’s purported registration in England & Wales, no matching information could be found regarding its regulatory status with the SCB or the FCA. This lack of verification raises concerns about the legitimacy of Mortimer Investment’s regulatory claims and its relationship with its purported parent company.

Compounding these concerns, the Monetary Authority of Singapore (MAS) has issued a warning regarding Mortimer Investment’s provision of financial services or products in the UK without authorization. This warning highlights Mortimer Investment’s unauthorized activities and the potential risks it poses to investors.

In reality, Mortimer Investment operates without regulation from any reputable financial authorities. Entrusting Mortimer Investment with investors’ funds carries inherent risks, as these funds are not protected by regulatory safeguards or legal frameworks. Without regulatory oversight, investors may be exposed to fraudulent schemes, financial losses, and other risks.

Given these revelations, investors are strongly advised to exercise caution and refrain from engaging with Mortimer Investment or similar entities lacking verified regulatory authorization. Conducting thorough due diligence and seeking advice from trusted financial professionals can help mitigate the risk of falling victim to potential scams or fraudulent activities.