FSMA warns of fake press articles promoting fraudulent trading platform BitKeltTrade
The FSMA warns consumers about fraudulent websites impersonating Belgian and international media to promote fake trading platforms, notably BitKeltTrade. These sites use fake news articles and manipulated images/videos to lend credibility. Consumers should verify providers' authorization with the FSMA before investing.
Related updates
FSMA to Assess AML/CFT Expertise of Insurance Intermediary AMLCOs in 2026
The Belgian FSMA announced it will assess during the last four months of 2026 the level of AML/CFT expertise and knowledge of AMLCOs at insurance intermediaries. Firms and AMLCOs are urged to review their current arrangements and remedy any deficiencies before the assessment. The detailed newsletter is available only in French and Dutch.
24 Aug 2026
FSMA Warns Public Against Fraudulent WhatsApp Groups Impersonating Bolero and GuardCap
The Belgian Financial Services and Markets Authority (FSMA) has issued a fresh warning about fraudulent WhatsApp groups that impersonate Bolero (KBC Bank NV) and GuardCap Asset Management Limited. Fraudsters advertise on social media, lure consumers into private groups, and promote fake AI-based investment plans with unrealistically high returns. The FSMA has added the entities behind these schemes to its list of firms operating unlawfully in Belgium.
20 Aug 2026
FSMA warns public against unauthorized activities of Cédric Bergans
The Belgian FSMA has issued a warning against Cédric Bergans, who is not authorized to offer financial products and services in Belgium. He operates under the name 'BC Edufin Academy' and provides coaching in financial matters, including forex trading and investment services. The FSMA advises consumers to be vigilant and reject any offers from him.
28 Jul 2026