YUM Group
We checked YUM Group against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
On its page footer, YUM Group says Copyright © 2019, but its domain check result shows that it is first created on February 1, 2022. Thus, it is using a false company foundation year. Founded in the UK, YUM Group shows it is a leading independent broker in the trading of foreign exchange. To be able to offer forex trading service in the UK, the broker must get at least one license from the FCA. However, it lists no FCA regulation info and we also find no license record on the FCA Registry. That is to say, YUM Group is unlicensed currently. On its “ABOUT US”, YUM introduces that it is regulated by the American Futures Association (NFA) with regulatory number 0545142. However, the company is actually not regulated by the NFA since it is not an NFA Member. That means it is not authorized to offer forex services. Based on the above information, we can conclude that Yum Group is 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 YUM Group.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.