The Financial and Consumer Affairs Authority of Saskatchewan Issues Investor Warning Against Hengry Global Capital Limited

The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) has recently issued an investor warning against Hengry Global Capital Limited. The investor warning has been issued by the FCAA in order to warn the entire Saskatchewan investor community about Hengry Global Capital Limited’s activities.

The Financial and Consumer Affairs Authority of Saskatchewan has intimated that Hengry Global Capital Limited is not authorized or regulated to operate in Saskatchewan. The platform has been claimed that it provides trading opportunities to Saskatchewan residents. According to Hengry Global Capital Limited, it is providing investment opportunities to investors to invest in commodities, shares, indices, stocks, and forex.

According to the Financial and Consumer Affairs Authority of Saskatchewan, Hengry Global Capital Limited is falsely claiming to be a regulated entity in Saskatchewan. The FCAA has raised its concerns that the platform is not a regulated entity to operate as a financial service provider in Saskatchewan.

Warning by the FCAA

The Financial and Consumer Affairs Authority of Saskatchewan has shared its concerns over the financial offerings of Hengry Global Capital Limited to the investors of Saskatchewan. The FCAA has revealed that Hengry Global Capital Limited is not a regulated entity to operate in Saskatchewan.

Therefore, the entire investment community must remain extremely cautious and vigilant when dealing with Hengry Global Capital Limited. As Hengry Global Capital Limited is an unlicensed entity, therefore, it is unsafe for the investors to interact with the platform.

The FCAA has urged the Saskatchewan investor community to not deal with the particular platform. The FCAA has also warned the investors’ community not to give their money to the particular trading platform. Otherwise, they may end up losing their money to Hengry Global Capital Limited.

Saskatchewan is Unregulated

According to the FCAA, Saskatchewan has been claiming that it is a regulated and licensed trading service provider in Saskatchewan. The platform claims that it has been authorized by the FCAA to operate as a financial service provider in Saskatchewan.

Therefore, the FCAA has cleared that it has not been approached by Hengry Global Capital Limited at all. The platform has been providing its services to the Saskatchewan locals claiming that it is authorized by the FCAA to do so.

By doing this, the FCAA is leading the investors to believe that it is a regulated entity operating in Saskatchewan, and it is fine to trade with it.

The FCAA has advised the investors that it is in their best interest not to invest and give away their money to a platform that is not regulated. The investors would always be at risk of losing their money and investments if they start trusting a platform that is not regulated

Hengry Global Capital Limited May Have Provided a Wrong Address

The FCAA has a reason to believe that Hengry Global Capital Limited has even provided a wrong address to mislead the investment community in Saskatchewan. On the website, Hengry Global Capital Limited claims to be located in Saskatchewan. The address Hengry Global Capital Limited has provided on its website is 2350 Albert Street, Regina, SK S4P 4A6, Canada. The FCAA believes that the address provided by the trading service provider is not for the provider itself but is for a different business.

Advice from Saskatchewan for Investors

The FCAA has advised that if an investor has invested or has lost their money to Hengry Global Capital Limited, they must contact FCAA right away. According to the FCAA, such investors are required to call the support line: 306-787-5936 that will direct them to the Securities Division at the FCAA.

Services by Hengry Global Capital Limited

Hengry Global Limited (https://www.hengryltd.com/) claims to be a regulated financial services provider. The platform claims it is providing several financial securities that the people of Saskatchewan can invest and earn gains from. The platform claims it adheres to the KYC and AML regulations.