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uFund Tax Shelter
Information by Research TrustFinance
uFund operated the website www.ufund.be, presenting itself as a provider of investment services, likely leveraging the branding of the legitimate "Belgian Tax Shelter" scheme to appear credible. However, in June 2024, the Belgian Financial Services and Markets Authority (FSMA) issued a public warning, identifying uFund as a fraudulent online trading platform operating illegally without the required authorization. Following the regulatory action, the company's website became inactive.
Belgium
Industry
Financial