KNF warns against company impersonating well-known bank
20:38
The Polish Financial Supervision Authority (KNF) has entered JonGroce Limited from Jamaica, operating on the agricoletrade.com website, on the public alert list. The KNF has also sent to the District Prosecutor’s Office in Warsaw a notification of suspected offense regarding the company’s conducting of brokerage activity in Poland without the supervisor’s permission.
Dziennik Gazeta Prawna daily has recently written about the forex platform operating through the agricoletrade.com website and impersonating the well-known French Credit Agricole bank. The company’s logo confusingly resembles the bank’s logo, and the platform presents itself as part of a French giant to authenticate its operations.
According to the daily, some agricoletrade.com customers lost even several million zlotys. The newspaper’s investigation shows that the platform’s servers were registered in Russia in 2018.
