EU regulator warns about Fake ESMA Investigator stealing Personal Data


The key European financial markets regulator warns about fake ESMA Investigator stealing personal data. The watchdog has stated that it has been informed that an individual going under the name “Edward Stewart” has used ESMA’s identity and logo. 

13 April, AtoZForex The key European financial regulator, the European Securities and Markets Authority (ESMA) has made an announcement on its website. The watchdog has stated that it has been informed that an individual going under the name “Edward Stewart” has used ESMA’s identity and logo. The individual is reportedly misrepresenting himself as an employee of ESMA.

EU regulator warns about Fake ESMA Investigator stealing Personal Data

He has been falsely claiming to be an ESMA employee conducting investigations in a bid to steal personal data and convince the potential victims to transfer money. The ESMA further states that the individual is presenting himself as an investigator:

EXAMPLE: “My name is Edward Stewart, the one you spoke to yesterday over the phone. This is about the in depth investigation that we are conducting. Our investigation started off 2 Years and 3 Months ago…”

He also then asks potential victims for personal data:

EXAMPLE: “Now if you can provide us any proof such as receipts, or declaration of deposits…”

The ESMA also noted that the false employee has been signing off as a worker of ESMA, using a fabricated ESMA e-mail signature.

In relation to the case, ESMA has already filed a complaint with the French police in regards to this matter. The watchdog warns that all references to ESMA or its employee in these communications, and which do not originate from ESMA, are false and have been made without the knowledge of ESMA.

The regulator also brings the information on how to protect yourself to the investors. The ESMA has advised:

  • To check whether the e-mail received is genuine;
  • To inform your superior in case of suspicious e-mails;
  • To contact ESMA if any suspicion arises; and
  • To contact the police.

How to protect yourself from being scammed?

The regulator also cautions to be aware that fraudsters might utilize ESMA’s logo, name or the name of any of ESMA’s staff members. The regulator states:

Be aware of the following when making your checks:

  • ESMA is a European Supervisory Authority established by a Regulation of the European Parliament and of the Council;
  • ESMA is based in Paris, France and has no affiliates or branch offices elsewhere;
  • ESMA’s emails end with the address @esma.europa.eu; and
  • ESMA’s telephone number begins with the prefix +33 for France, no other prefix is valid.

The supervisor also reminds the investors’ community is that the official website of the body is https://www.esma.europa.eu.

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