
Luxembourg Regulator Flags Bogus Family Office Preying on European Startups
A sophisticated scam involving a fake Luxembourg-based family office, TAM, has been targeting European startups, resulting in significant financial losses. The Commission de Surveillance du Secteur Financier (CSSF), Luxembourg's main financial regulatory authority, has issued a warning regarding TAM's "fraudulent activities."TAM's scheme came to light after it targeted a startup...