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Dakken Group

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Risk Level - High

Scam Evidence & Warnings

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The Spanish CNMV Added Dakken Group into Its Warnings and Alerts On 28 Mar 2022, the CNMV issued a warning that 5Markets has not been authorised to provide investment services, you may visit: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&nombre=CLANDESTINY%20GROUP%20LTD

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BrokersView has reviewed that Dakken Group is an Unregulated Forex Broker Dakken Group claims it is owned and operated by Clandestiny Group LLC, a company registered in the St Vincent and the Grenadines Financial Services Authority (SVG FSA) under the registration number: 1342 LLC 2021. We did find a match result to Clandestiny Group LLC. But as forex traders, you should know that SVG FSA does neither issue any licenses for forex trading nor regulate any forex activities. Having registration in SVG FSA does not mean having any regulation. This broker is merely a regulated firm that operates under no regulations.What's more, the Spanish National Securities Market Commission (CNMV) issued a warning that this firm has not been authorized to provide forex investments and services. So Dakken Group is not regulated by any regulators. That means investors' money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.

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The Italy CONSOB Added Dakken Group into Its Warnings On 16 May 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Dakken Group is not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela

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The UK FCA added Dakken Group into Its Warnings On July 4 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Dakken Group is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/dakken-group

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The Italy CONSOB Warns Dakken Group Again On 24 Oct 2022, the Italy Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that Dakken Group was not authorized to provide financial services in Italy. You may visit: https://www.consob.it/web/consob-and-its-activities/warnings?viewId=ultime_com_tutela

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BrokersView has Found that Dakken Group is Using a New Domain BrokersView has found that Dakken Group is using a new domain, https://dakkengroup.pro, to scam.

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BrokersView has identified that Dakken Group's website is currently offline BrokersView found that the domain "https://www.dakkengroup.com/" 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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