Warning against XR-Group

Public warning

The Banking, Finance and Insurance Commission (CBFA) warns the public against the activities of XR-Group, which is contacting Belgian investors with a view to offering investment services.

XR-Group (website: www.xr-group.com) claims to be a firm with registered office in Hong Kong at Admiralty, 89 Queensway, Tower 2, Lippo Center.  It does not have the authorization in Belgium necessary to offer investment services in or from Belgium.

The CBFA thus advises the public against responding to any offers of investment services made in the name of XR-Group and against transferring money to any account number they might mention.

Anyone wishing more generally to enquire as to the regularity of any transaction proposed can find further information on the “Consumer Protection” page of the CBFA web site (www.cbfa.be) or by contacting the “Protection of Consumers of Financial Services” Department (telephone: +32 2 220 59 10; email address: peri@cbfa.be).

Press contact
Veerle De Schryver & Hein Lannoy
(Press Officers)
+32 2 220 57 06
Press@cbfa.be