The Australian Securities and Investments Commission (ASIC) has published a warning regarding limestonefx.com. The website misuses the data of Limestone FX Pty Ltd, an authorized representative of Baileyhenry Capital Group Pty Limited, which has a license to provide financial services in Australia. The website limestonefx.com incorrectly claims to be associated with the licensed company.
People who have invested through limestonefx.com now claim they cannot withdraw their investment. The regulator says it is unable to help victims recover their funds. It is recommended that they contact their financial institution to see if it can assist in tracking payments made. ASIC encourages investors to obtain independent financial advice before investing, and to check ASIC’s registers to see if the entity you’re dealing with holds an AFS license.