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Caution Investors Beci LTD – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)
Beci LTD is a company that claims to offer financial services such as trading, investing, and wealth management. However, the company has recently been under investigation by the Financial Market Authority (FMA) of Austria for allegedly engaging in fraudulent or manipulative practices. The FMA has issued a warning to the public about Beci LTD and advised them not to enter into any business relationship with the company. In this blog post, we will review the company and its practices, based on the information available from the FMA and other sources.
Regulation and Compliance:
According to the FMA, Beci LTD is not authorized to provide investment services or activities in Austria, nor is it supervised by the FMA. The company does not have a valid license or registration from any competent authority in the European Union or elsewhere. The FMA has also found evidence that the company may have been involved in insider dealing, market manipulation, misrepresentation of material information, and other violations of securities laws. The FMA has published a link to its warning on its website: https://www.fma.gv.at/en/beci-ltd/
The customer reviews of Beci LTD are mostly negative, with many complaints about the company’s lack of transparency, professionalism, and honesty. Some customers have reported that they have lost money or been unable to withdraw their funds from the company. Others have claimed that they have been pressured or misled by the company’s representatives or agents. Some examples of customer reviews are:
– “I invested 5000 euros with Beci LTD and they promised me high returns. But after a few months, they stopped answering my calls and emails. I tried to withdraw my money but they refused. They are scammers and thieves.”
– “Beci LTD is a fraud. They manipulated the market and made me lose all my savings. They also lied about their regulation and compliance. They are not regulated by anyone. Do not trust them.”
– “Beci LTD is a nightmare. They harassed me with phone calls and messages, trying to convince me to invest more money with them. They also gave me false information about their products and services. They are very unprofessional and dishonest.”
Products and Services:
Beci LTD claims to offer a variety of financial products and services, such as forex trading, stocks, commodities, indices, cryptocurrencies, CFDs, ETFs, bonds, futures, options, and more. However, these products and services are not verified or endorsed by any reputable source or authority. The company also does not provide any clear or accurate information about the risks, fees, commissions, spreads, leverage, margin requirements, or other terms and conditions of its products and services. The company’s website is poorly designed and contains many grammatical errors and inconsistencies.
Beci LTD claims to have its headquarters in Vienna, Austria, but this is not true. The company’s address is a virtual office that does not belong to the company. The company also claims to have offices in London, New York, Hong Kong, Dubai, and Singapore, but these are also false claims. The company does not have any physical presence or legal entity in any of these locations.
Beci LTD’s customer service is very poor and unreliable. The company does not have a dedicated phone number or email address for customer support. The only way to contact the company is through a web form on its website or through an online chat feature that is often offline or unresponsive. The company’s representatives or agents are rude, aggressive, and unhelpful. They often ignore or evade customer queries or complaints. They also use high-pressure tactics or deceptive strategies to persuade customers to invest more money in the company.
Beci LTD is a scam company that should be avoided at all costs. The company is not regulated or licensed by any authority and has been accused of engaging in fraudulent or manipulative practices by the FMA of Austria. The company’s products and services are dubious and risky and its customer service is terrible. The company has received many negative reviews from customers who have lost money or been scammed by the company. Therefore, we do not recommend Beci LTD to anyone who is looking for a reliable and trustworthy financial service provider.