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Wed, Nov 12, 2025 | Jumada al-Awwal 22, 1447 | Fajr 05:14 | DXB 
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UAE authority warns against dealing with unlicensed firm
Customers have been advised to refer to the data of licensed companies published on SCA's website in order to stay away from any potential fraudulent operations
Public investors in the UAE have been warned against dealing with 'Limited TRCFX' by the Securities and Commodities Authority on Tuesday.
The company is not licensed to practice any financial activities and services as per SCA's regulation and licensing, the authority stated.
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It further added that it is not responsible for any dealings with the firm and urged investors to verify the identity of the entity with which they are dealing before signing any agreements or making any financial transfers.
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They have also been advised to refer to the data of licensed companies published on SCA's website in order to stay away from any potential fraudulent operations.
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