KAB Kuwait
We checked KAB Kuwait 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
KAB Kuwait is not a regulated broker even though it states offers that look good to be true. KAB Kuwait claims to be owned and operated by KAB Kuwait Group, a group licensed by the Kuwait Chamber of Commerce and Industry (license number: MM/673/300) and the Capital Markets Authority of Kuwait (license number: AP/2017/004). But please be informed that the above two authorities do not regulate forex. The truth is that KAB Kuwait is not under valid regulation by any regulators. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it 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 KAB Kuwait.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.