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Elite AI

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Risk Level - High

Scam Evidence & Warnings

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The AMF adds Elite AI to its warning list On January 27, 2024, the Financial Authority (Autorité des Marchés Financiers, AMF) added eliteai-t.com to warning list for it being an unauthorized company engaging in forex activities. https://www.amf-france.org/en/warnings/blacklists/forex/eliteai-tcom

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BrokersView has reviewed that Elite AI is an unregulated broker According to its website, it claims to be regulated by Financial Sector Conduct Authority (FSCA), Cayman Islands Monetary Authority (CIMA) and Vanuatu Financial Services Commission (VFSC). Upon investigation, no matching information was found in the FSCA and CIMA. Although the regulatory number it mentioned was found in VFSC, a comparison revealed that the company name on file was inconsistent with Elite AI, and there was no evidence to prove the connection between the two companies, so it is very likely that Elite AI stole the regulatory information of other compliant companies. In addition, the Financial Authority (Autorité des Marchés Financiers, AMF) added eliteai-t.com to warning list for it being an unauthorized company engaging in forex activities. In essence, Elite AI is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. Elite AI appears to be a scam.

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Is Elite AI a scam Dear Investor, Thank you for reaching out to us. We've investigated Elite AI and believe it to be a scam. In the footer, Elite AI claims to be multi-regulated. However, we have found that these regulation claims are either fake or copied from genuine counterparts. This is a significant fraudulent practice. The Financial Authority (Autorité des Marchés Financiers, AMF) has blacklisted Elite AI for offering financial services or products without authorization. Therefore, we strongly suggest you avoid using Elite AI to protect your investments. To mitigate the risk of being defrauded, it is imperative to conduct thorough research on your chosen broker before risking real money. It is strongly advised to stay clear of unregulated brokers. View Source

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Broker to check, Elite AI Dear Investor, Elite AI appears to be a scam. The company has made bold claims about its regulatory status, asserting that it is regulated by many authorities. However, upon investigation, no matching information was found: it either fabricates registration information or deceitfully uses other entities' information to appear real. The Financial Authority (Autorité des Marchés Financiers, AMF) has added Elite AI to its warning list for engaging in unauthorized forex activities. In essence, Elite AI is not overseen by any legitimate regulatory body, making it highly risky to trust them with your funds. Without legal protections, your investments are vulnerable. All signs point to Elite AI being a scam. Investors should stay clear. View Source

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