Tesalia Asset Management has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to Spireinvestltd. We’ve received over 3 complaints against Tesalia Asset Management.
Tesalia Asset Management is under investigation owing to allegations of illegal behavior. Financial regulators, such as the CSSF in Luxembourg and Norway’s Finanstilsynet, have issued warnings. The company lacks regulatory permission and makes questionable claims about its services and location, raising concerns about possible fraudulent activity.
If you’ve lost money or have had a bad experience with Tesalia Asset Management, you can work with an investigative agency. They can provide you with the help you need:
Key Takeaways
Is Tesalia Asset Management Regulated? Do They Have a License?
Tesalia Asset Management has been faced intense attention due to suspicions about its validity and operational methods. Several financial regulators have issued warnings against the business, casting considerable doubt on its claims and actions.
One of the most important cautions comes from the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, which states that Tesalia Asset Management is not overseen by them and is not authorized to provide investing services. This warning shows that the company does not have the requisite regulatory approval to operate in the jurisdiction where it claims to be based.
Norway’s Financial Supervisory Authority (Finanstilsynet) has also issued a warning on the company, raising additional concerns about its legitimacy and operational transparency.
Despite these cautions, Tesalia Asset Management describes itself as a single-family office based in Luxembourg. The company promises to provide a number of services, including asset management and private banking, and its address is listed as 4 Rue du Marché-aux-Herbes, L-1728 Luxembourg. However, these statements are exceedingly doubtful.
Given the lack of acknowledged regulatory control, its operations and alleged validity are seriously questioned.
Tesalia Asset Management is surrounded by several red flags. The most notable concern is a lack of regulation—despite claiming to be based in Luxembourg, it is not licensed by the CSSF or any other competent financial authorities. Furthermore, the company makes deceptive claims regarding its location and services, which raises issues.
Another red indicator is the company’s anonymous website, which contains little information regarding its legal status or current operations. This opacity frequently indicates potential risks of fraudulent activities. Investigations and warnings indicate that Tesalia Asset Management may be engaged in fraudulent activity, and investors should proceed with great caution.
Potential investors should exercise extreme caution in light of the numerous red flags and warnings issued by respectable financial regulatory agencies. Investors should be aware of aggressive sales pitches, unreasonably high profits, and any issues with withdrawing funds or accessing their accounts. Before doing business with a financial company, investors must properly evaluate its regulatory status.
Tesalia Asset Management appears to be a high-risk firm with insufficient permission and regulation. Given the serious concerns voiced by financial authorities, investors should avoid this company. If you have already invested with Tesalia Asset Management, you should seek professional help to reclaim your assets. Tesalia Asset Management is a highly suspect firm, with several regulatory warnings and probable evidence of fraud. Investors should proceed with caution.
The lack of regulation or the presence of poor regulation is a huge red flag. It means Tesalia Asset Management might be a scam or most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of Tesalia Asset Management, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
Trading Conditions and Deposit/Withdrawal Methods at Tesalia Asset Management
Tesalia Asset Management appears to be a high-risk firm with insufficient permission and regulation. Given the serious concerns voiced by financial authorities, investors should avoid this company. If you have already invested with Tesalia Asset Management, you should seek professional help to reclaim your assets. Tesalia Asset Management is a highly suspect firm, with several regulatory warnings and probable evidence of fraud. Investors should proceed with caution.
However, it’s worth noting that many forex scams disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, shady forex brokers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
Victims can get help from a specialized investigation agency that can look into the scam for them. Contact our recommended agency here.
Tesalia Asset Management Customer Service: Do They Handle Complaints Well?
When it comes to forex brokers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, shady brokers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Shady brokers understand that to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, customer support won’t resolve your issues and become increasingly unavailable.
If you have information on a scam or criminal operation, you can get access to 40+ investigative journalists & news outlets for free. Send us a detailed report here and if you qualify, we will forward your case ahead.
Tesalia Asset Management Reviews: What Do Others Say?
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Even if Tesalia Asset Management might not be a scam, brokers like them rely on fake reviews to increase their credibility.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust the online Tesalia Asset Management reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews posted by temporary accounts (profiles that only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of Tesalia Asset Management, chances are, you wouldn’t find many legitimate reviews.
Another prominent way brokers like Tesalia Asset Management enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “Tesalia Asset Management reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising Tesalia Asset Management.
You should always look out for consumer complaints. In the case of Tesalia Asset Management, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about Tesalia Asset Management? You can share your complaint in the comment section or submit an anonymous tip.
Is Tesalia Asset Management Legit Or a Scam?
Tesalia Asset Management is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind Tesalia Asset Management can run away with your money without any prior notice. It would help if you were extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust Tesalia Asset Management?
All the evidence suggests that Tesalia Asset Management might be a scam. You shouldn’t risk your funds with a broker you don’t fully trust.
If you’ve experience in dealing with this company or a similar one, we recommend working with a trusted investigative agency. That way, you can get professional help and resources.
Frequently Asked Questions
Is Tesalia Asset Management a scam?
Tesalia Asset Management scammed me. What do I do now?
Where is Tesalia Asset Management Located?
Are there any Tesalia Asset Management complaints?
How Forex Scams Work
Intelligence Commissioner investigates & reviews online money-making opportunities. We strive to provide critically helpful information to our readers and assist them in identifying scams. 
