What if I give my broker a fake Address?

dergham

Recruit
Messages
1
Hello everyone
The suitable broker I trust does not work in my country
I am asking what is the consequences of giving the broker a fake address and a fake utility bill as a proof.
It is a lie not intended to harm any one
I will be giving my real identity ,of course, to be able to withdraw.
what if the hole thing is discovered? Is it regarded a counterfeiting? Will it lead to jail? Will the account be expropriated?
 
Last edited:

Gromvelt

Private, 1st Class
Messages
33
It all depends on the conditions and requirements of the broker.
But I have never thought about how to provide dishonest information.
 

Ollly555

Private, 1st Class
Messages
28
You're asking for trouble doing that. Don't give them an excuse not to pay you....
 

kim855

Private, 1st Class
Messages
58
I think it's sounds very risky. Not worth being blocked or getting in trouble for fraud.
 

Waldai

Recruit
Messages
22
Be careful with this one. It depends in which country is your broker. If regulated by EU regulation, than this would be treated as illegal action, and you might have some consequences, like blocking your account and funds, at least.
 

perryjohn765

Private, 1st Class
Messages
56
that will be a trouble for you. in case of unregulated broker that might not be an issue but with regulated you can get into serious trouble.
 

wtf888

Recruit
Messages
8
You must beware of your action, your withdrawal process. If broker broke out, you want sued to regulator, they will check the trader and investor's information, if doesnt match with actual. Regulators will not recognized your sued. Thus, you may bear the risk.
 

Malsa

Private
Messages
18
Well, they may ask for proof of address or residence permit, and if you can't prove it, you may be banned from working for the company.
 
Top