CBB warns about two fake financial institutions

CBB warns about two fake financial institutions

Manama: Mahmood Rafique, Editor: The Kingdom of Bahrain's Central Bank has issued a warning about two fake self-acclaimed financial institutions following the alleged frauds committed by Bridge Capital Advisors and Green Knight Financial Services in Bahrain.

The Central Bank of Bahrain (CBB) in a statement issued

on Thursday warned consumers against dealing with unlicensed self-acclaimed financial

institutions to offer investment in securities.

This warning comes as a result of a reported about

alleged investment frauds committed in the Kingdom by two entities, “Bridge

Capital Advisors” which claims to be based in Malaysia and “Green Knight

Financial Services” which claims to be based in the United