Customer Protection Entity
SIPC staff are aware of a number of financial scams in which fraudsters claim to be a customer protection entity in order to trick victims, including non-U.S. investors, into giving the fraudsters access to brokerage accounts and personally identifiable information, and into sending money and other financial assets. Impersonation of legitimate companies is one of several characteristic features of advance fee fraud solicitations and other fraudulent schemes. Even where the fraudsters do not request that funds be sent directly to them, they may use the personal information they obtain to steal the individual’s identity and then misappropriate his or her financial assets.
SIPC is aware of the following websites which falsely claim to be customer protection entities. The below websites are fraudulent:
- Alliant Trust Systems: http://allianttrustsystems.org/
- Divyalifecare (impersonating SIPC): known malware site
- Economic and Financial Services Commission: http://efinsc.org and http://ecofinsc.org
- Global Providence Securities Litigation: http://www.globalprovidencesecuritieslitigation.com/
- Investor Protection Management (Insider Group): http://insidergroup.ru
- New York State Department of Regulations: http://newyorksdr.org/
- Paragon Reliance System: http://paragonreliance.com/
SIPC staff are also aware of financial scams in which fraudsters claim to be SIPC member broker-dealers. To find out if your brokerage firm is a SIPC member, check the List of Members or Contact Us. There is no SIPC protection available for customers of non-SIPC member broker-dealers.
SIPC is aware of the following websites in which the fraudster falsely claims to be a SIPC member:
- Gold Explorers LTD: https://www.goldexplorers.net/
- Marlowe Financial Group: http://marlowefinancial.com/
- Zenith Financials: http://zenithfinancials.com/
If you have been contacted by someone falsely claiming to be a SIPC member, please Contact Us.
There may be other such websites, now and in the future, with similar fraudulent intent.
If you believe you are the victim of an online fraud, you can report it to the U.S. government at www.ic3.gov.
If you have been contacted by someone impersonating SIPC, please Contact Us.