CSSF warns finareassetmanagement.com misuses Finare Asset Management S.A. identity
CSSF warns unknown persons are impersonating Luxembourg investment firm Finare Asset Management S.A. via finareassetmanagement.com. The real firm is not involved.
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Source: cssf.lu · published
What happened
Luxembourg's financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), published a warning on 6 November 2026 concerning fraudulent activities by persons misusing the name of Finare Asset Management S.A. The CSSF lists the website www.finareassetmanagement.com and the email address support@finareassetmanagement.com as used in the scheme, and describes the conduct as identity theft and illicit activities. No phone number or office address is given in the warning.
How the scam works
The CSSF says unknown persons are impersonating Finare Asset Management S.A., a genuine Luxembourg investment firm, and that the real firm is not related to the fraudulent website. Finare Asset Management S.A. is impersonated and not involved. Clone firm scams like this copy the name and often the registration details of a legitimate, supervised company so that anyone who checks the regulator's register finds a real entry and believes they are dealing with an authorised business.
The website and email address are then used to offer investment services, such as managed portfolios, bonds or trading accounts. Contacts usually begin with an advert, cold call or email, and investors are asked to transfer money to an account controlled by the fraudsters, which does not belong to the genuine firm. Victims may be shown statements or dashboards that suggest strong performance, and further payments or fees may be requested before any withdrawal. Because the real firm has no relationship with the clone, money sent this way is not protected by the firm's supervision.
The CSSF warning is a statement of identity theft by unknown persons and does not suggest any wrongdoing by the genuine Finare Asset Management S.A. Before investing, check the regulator's register and contact the firm only through the details shown there, and compare email domains carefully with the official ones. Anyone who has sent money via finareassetmanagement.com should contact their bank and the police at once, and can inform the CSSF.
Source
CSSF warning, 6 November 2026: https://www.cssf.lu/en/2026/11/warning-concerning-fraudulent-activities-by-persons-misusing-the-name-of-finare-asset-management-s-a/
Red flags
- A website or email using a real investment firm's name on an unfamiliar domain such as finareassetmanagement.com.
- Unsolicited investment offers by email, phone or advert.
- Requests to send money to a bank account that does not belong to the regulated firm.
- Contact details that do not match those on the regulator's register.
If you were targeted
- 1Check the CSSF register and contact firms only through the details listed there.
- 2Do not send money or documents to finareassetmanagement.com or support@finareassetmanagement.com.
- 3If you have paid, contact your bank immediately and report the matter to the police.
- 4Inform the CSSF about suspicious offers using the firm's name.
- 5Be wary of anyone who later contacts you offering to recover lost funds for a fee.