TELA GROUP LIMITED
We checked TELA GROUP LIMITED against the AskCheck register. It has been reported (2024) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
TELA GROUP LIMITED claims to be registered in Hong Kong, China. It purports to have been in the market since 2014, but its domain name was registered at the end of 2021. This inconsistency is a red flag for a potential fraudulent platform. Our search in the register of the Hong Kong Securities and Futures Commission (HK SFC) doesn't return any corresponding records, indicating that its financial services or products are neither licensed nor supervised there. Additionally, the purported partnerships with Citibank and other renowned entities only exist on its website, making them baseless and untrustworthy. This is a fraudulent operation. In essence, TELA GROUP LIMITED is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds. TELA GROUP LIMITED appears to be a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report TELA GROUP LIMITED.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.