Kane LPI Solutions Limited

Key Points

• Scam Allegations: Kane LPI Solutions Limited is implicated in cybercrimes, including fake DMCA takedown scams, impersonation of a legitimate firm, and fraudulent forex/CFD trading schemes. Scammers misuse the name and credentials of a legitimate DIFC-registered company to deceive investors.

• Regulatory Warnings: Authorities like the Dubai Financial Services Authority (DFSA), Malta Financial Services Authority (MFSA), and Canadian Securities Administrators have issued alerts about fraudulent entities impersonating Kane LPI Solutions Limited.

• Legitimate Entity: The real Kane LPI Solutions Limited is a regulated firm providing fund administration services, with offices in Dubai, Malta, Mauritius, and Bermuda. Scammers exploit its credentials to create fake websites and mislead investors.

• Consumer Risks: Victims report financial losses, inability to withdraw funds, and pressure tactics via Telegram and phone calls. Fake websites like kanelpisolutionsltd.com lack transparency and regulatory compliance.

• Cybercrime Connection: The linked source (cybercriminal.com) highlights a fake DMCA takedown scam, where scammers use the company’s name to extort or deceive victims, aligning with broader fraudulent activities.

Overview

Kane LPI Solutions Limited is a legitimate financial services firm specializing in fund administration and business process outsourcing. Headquartered in Dubai’s International Financial Centre (DIFC), it operates globally with offices in Bermuda, Malta, Mauritius, and South Africa. The company provides end-to-end administration services, leveraging proprietary technology (IMS) to support investment firms, insurers, and fund managers. It is regulated by the DFSA (Reference No. F005648) and the MFSA, with a focus on secure data handling and compliance.

However, scammers have hijacked the company’s identity to perpetrate cybercrimes, including fake DMCA takedown scams and fraudulent forex/CFD trading platforms. These scams involve fake websites (e.g., kanelpisolutionsltd.com, mobtrader.kanelpisolutionsltd.trade) that mimic the legitimate firm’s branding and credentials to lure investors into transferring funds to cryptocurrency wallets or unregistered accounts.

Allegations and Concerns

1. Impersonation Scam: Scammers falsely claim to be Kane LPI Solutions Limited, using its DFSA license number and DIFC address to create fake websites and social media ads. These entities pressure investors via Telegram and phone, often switching numbers between UAE and Canada.

2. Fake DMCA Takedown Scam: As reported by cybercriminal.com, scammers use the company’s name in fraudulent DMCA notices to extort or deceive victims, targeting websites or individuals with baseless copyright claims.

3. Unregulated Forex/CFD Trading: Fraudulent platforms posing as Kane LPI Solutions offer forex and CFD trading without licenses, misleading investors with promises of high returns (e.g., 12.7% quarterly). These platforms lack KYC compliance and fail to disclose trading conditions.

4. Regulatory Warnings:

   • DFSA (May 2024): Warned about scammers impersonating Kane LPI Solutions, using fake websites and unauthorized crypto transfers.

   • MFSA (July 2024): Flagged kanelpisolution.com for falselyfingerprints Kane LPI Solutions Limited for falsely claiming MFSA licensing, clarifying that the legitimate Kane LPI Solutions (Malta) Limited is regulated.

   • Canadian Securities Administrators (January 2025): Listed Kane LPI Solutions Ltd. as a potential risk to investors due to unauthorized securities activities.

5. Nonfunctional Websites: The fake website kanelpisolutionsltd.com is often inaccessible, raising suspicions about its legitimacy.

Customer Feedback

• Negative Feedback:

  • A user reported: “I’ve already registered. They called me a couple of times, and now I don’t know how to detach from them, because I don’t want to change my phone number.” This highlights aggressive contact tactics.

  • Another review noted: “Deposited only small amount and they have not returned it despite of that I can see that funds are available in app.” This indicates issues with fund withdrawal.

  • Brokerprofile.net warned: “Kane LPI Solutions Limited is run by fakers who provide you with false validation to win your trust. The 8 years experience they are talking about is not true.”

• Positive Feedback:

  • Some reviews praise the fake broker for “low spreads, quick withdrawals, and quality quotations.” One user claimed: “I even started earning more here,” but such comments lack verifiable sources and contradict regulatory warnings.

  • The legitimate Kane LPI Solutions has no direct customer reviews in the provided sources, as its services target institutional clients.

Risk Considerations

1. Financial Risk:

   • Investors engaging with fake Kane LPI Solutions platforms risk total loss of funds, as scammers use cryptocurrency wallets and unregistered accounts.

   • Lack of chargeback options for crypto transfers complicates recovery.

2. Reputational Risk:

   • Legitimate firm faces reputational damage due to scammers misusing its name.

   • Investors may mistakenly associate the legitimate firm with fraud.

3. Legal Risk:

   • Victims may pursue legal action against the legitimate firm, leading to costly battles.

   • Scammers operate in jurisdictions with weak oversight, complicating prosecution.

4. Cybersecurity Risk:

   • Fake DMCA scams and phishing via Telegram expose victims to data theft.

Business Relations and Associations

• Legitimate Entity:

  • Leadership: Authorized individuals include Ms. Marina Vella, Ms. Flora Elizabeth Howard, and Mr. John Kenneth Uprichard.

  • Offices: Dubai (DIFC), Malta, Mauritius, Bermuda, South Africa.

  • Technology: Proprietary IMS platform for fund administration.

• Fraudulent Entity:

  • No verifiable partnerships or individuals linked to the fake entity.

  • Scammers exploit DFSA and MFSA licenses for credibility.

Legal and Financial Concerns

• No Lawsuits Against Legitimate Firm: No records of lawsuits, debts, or bankruptcy.

• Fraudulent Activities:

  • Fake entity is unregistered and operates without licenses, violating securities laws.

  • Victims report difficulties recovering funds, with law enforcement as the primary recourse.

• Offshore Leaks Database: Listed in Paradise Papers, but inclusion does not imply illegality.

Risk Assessment Table

Expert Opinion

Analysis: The legitimate Kane LPI Solutions Limited is reputable but exploited by scammers using fake DMCA takedown scams and fraudulent forex/CFD platforms. Regulatory warnings highlight the scam’s severity, with fake websites and aggressive tactics targeting investors. Recovery of funds is nearly impossible due to crypto transactions.

Pros:

• Legitimate firm is well-regulated and serves institutional clients.

• No evidence of misconduct by the legitimate firm.

Cons:

• Widespread impersonation creates confusion and financial risk.

• Fake platforms lack compliance and transparency.

• Fund recovery is unlikely.

Cautionary Advice:

• Verify platforms via www.kanesolutions.com and DFSA/MFSA registries.

• Avoid kanelpisolutionsltd.com or sites requesting crypto transfers.

• Report suspicious communications to law enforcement and DFSA/MFSA.

• If victimized, contact law enforcement, though recovery is unlikely.

Key Citations

• DFSA Alert (May 2024): Warns about impersonation scam.

• MFSA Warning (July 2024): Clarifies legitimate entity and flags kanelpisolution.com.

• Canadian Securities Administrators (January 2025): Lists risk to investors.

• InvestExpertHub (April 2024): Exposes fake broker activities.

• Antiscam-Reviews (January 2025): Victim feedback and scam warnings.

• Cybercriminal.com: Details fake DMCA takedown scam.

• ICIJ Offshore Leaks Database: Mentions in Paradise Papers, no illegality implied.

• Kane Solutions Official Website: Outlines legitimate services.