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BBS Limited

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Risk Level - High

Scam Evidence & Warnings

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The BCSC issued a Warning against BBS Limited On 24 October 2023, the British Columbia Securities Commission (BCSC) issued a warning that BBS Limited was providing financial services or products without authorisation. You may visit: https://www.bcsc.bc.ca/enforcement/early-intervention/investment-caution-list/2023/bbs-limited

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BrokersView has Reviewed that BBS Limited ​ is an Unregulated Broker According to its website, it located in Canada. Upon investigation, there is no matching information was found in the Investment Industry Regulatory Organization of Canada (IIROC).The British Columbia Securities Commission (BCSC) issued a warning that BBS Limited was providing financial services or products without authorisation.The truth is that BBS Limited is not regualted by any regulator. Letting it hold or control investors' money is unsafe and the money can not be protected by any laws.Therefore, BBS Limited is a scam.

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BrokersView has identified that BBS Limited's website is currently offline BrokersView found that the domain "https://bbslimited.co/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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Does BBS Limited regulated? BBS Limited appears to be an unregulated platform.In an attempt to appear legitimate, BBS Limited provides an address in Canada. However, it is not financially registered in this country as our search for it in the register of the Investment Industry Regulatory Organization of Canada (IIROC) didn't find any matching entries.Furthermore, the British Columbia Securities Commission (BCSC) has confirmed that BBS Limited is not registered to trade in, or advice on securities and derivatives in BC. You can refer to here for the full warning.Therefore, BBS Limited is not regulated and poses significant risks to investors. Individuals dealing with it are vulnerable to fraud and identity theft as they are not protected by the regulatory framework. To mitigate risks over the trading journey, it is advised against engaging with unregulated brokers. Fully regulated ones is a better choice. View Source

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