Between January and May 2020, the Malta Financial Services Authority (MFSA) has seen an increase in financial scams and issued 23 public warnings and notices, a figure which is equivalent to all the warnings and notices issued in 2019.
“Recent developments related to the COVID-19 pandemic have affected the state of the financial markets worldwide,” a spokesperson from the authority told The Malta Independent on Sunday.
Source: The Malta Independent
Updated 16:15