CySEC joins global drive against relationship investment scams

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced that it is joining the International Organisation of Securities Commissions in a pre-Valentine’s Day global awareness campaign to combat relationship investment scams.

The regulator said the initiative is intended to highlight the growing sophistication of such schemes and the severe consequences they can have for investors’ financial security.

These schemes, which are also referred to as romance scams...