Stonebridge Ventures appears to be a scam
Mar 24, 2024 The OSC issues a warning against Stonebridge Ventures
On March 25, 2024, the Ontario Securities Commission (OSC) issued a warning against Stonebridge Ventures, stating that this broker is not registered in Ontario to engage in the business of trading in securities. https://www.osc.ca/en/investors/warnings/stonebridge-ventures
BrokersView has reviewed that Stonebridge Ventures is an unregulated broker
Stonebridge Ventures provides financial services through two websites: stonebridgeventures.net and stonebridgeventures.com. However, the company doesn’t provide any details regarding its regulatory status, implying potential non-compliance with relevant regulations. This is a red flag.While the company claims to be located in the UK, there are no indications that it is registered with the Financial Conduct Authority (FCA).In addition, the Ontario Securities Commission (OSC) has issued a warning against Stonebridge Ventures, stating that this broker is not registered in Ontario to engage in the business of trading in securitiesIn essence, Stonebridge Ventures 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. Stonebridge Ventures appears to be a scam.
BrokersView has identified that Stonebridge Ventures’s website is currently offline
BrokersView found that the domains “https://stonebridgeventures.com/; https://stonebridgeventures.net/” are currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker’s website often points to underlying regulatory or operational issues.
