International Securities & Commodities Alerts Network (I-SCAN) - Tether-Group Ltd
| Warning ID: | 36714 |
|---|---|
| National Competent Authority (NCA): | The Netherlands - The Dutch Authority for the Financial Markets |
| Date Published At IOSCO: | 2025-03-25 |
| Last Updated: | 2025-03-25 |
| NCA URL: | https://www.afm.nl/nl-nl/consumenten/waarschuwingen/bekijk-de-waarschuwingen/boilerroom/tether-group-ltd |
| Commercial Name: | Tether-Group Ltd |
| Category: | Unregistered/Unlicensed entity offering financial products or services |
| Additional Information: | The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers fromTether-Group Ltd. This company is a suspected boiler room, a form of online investment fraud. Tether-Group Ltd has approached persons with out being a s ked, to offer them in vestment proposals. A boiler room is a collective term for fraudulent individuals and organizations using clever salespeople to call potential investors to pressure them into buying shares that promise high returns (cold calling). In reality the shares are either worthless or non-existent. The AFM has established that Tether-Group Ltd does not have an AFM license or a European Passport. |
