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    Media Announcements FSRA Alerts the Public of Suspected Fraudulent Scheme by Airo Capitals

    FSRA Alerts the Public of Suspected Fraudulent Scheme by Airo Capitals

    ADGM FSRA: Today

    The Financial Services Regulatory Authority (FSRA) of ADGM wishes to alert the financial services community and members of the public to a suspected fraudulent scheme and false and misleading claims made by an entity or purported entity named Airo Capitals which operates from the website at URL: https://airocapitals.com.

    It came to the FSRA’s attention that Airo Capitals has falsely claimed an association with ADGM and that it is regulated by the FSRA.

    The FSRA is concerned that the false claims made by Airo Capitals have the potential to mislead potential investors and the public to believe that Airo Capitals is licensed and authorised to operate in ADGM, or is regulated by the FSRA, when it is not.

    The FSRA advises the public that Airo Capitals:

    1. is not, and has never been, granted Financial Services Permission by the FSRA to carry on any Regulated Activity in or from ADGM; and
    2. is not, and has never been, incorporated in ADGM or licensed to undertake any form of commercial activities in ADGM.

    Only firms authorised by the FSRA can undertake Regulated Activities in ADGM.  The FSRA advises the market and investors not to deal with any firm until they have verified that the firm is authentic and has been granted the appropriate Financial Services Permission by the FSRA to undertake Regulated Activities in or from the ADGM.

    To determine if an entity has been granted a Financial Services Permission by the FSRA to carry on Regulated Activities in or from ADGM, you can search the FSRA’s Public Register.

    Anyone with concerns about a website or a firm purporting to be incorporated or registered in ADGM should check the ADGM Registration Authority’s Public Register.

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