#Canada #Vancouver #BaFin #Financial Star News #FS Glows

Financial Star News Inc. Issues Important Clarification on Unaffiliated Impersonation

In a crucial communication aimed at addressing misconceptions arising in the financial community, Financial Star News Inc. has officially clarified its position against an unrelated company misusing its name. The company, which operates the website thefinancialstar.com, issued a statement on December 23, 2025, responding to concerns raised by Germany's financial regulator, BaFin. This regulator highlighted activities by an entity named Financial Star Inc., which has been impersonating Financial Star News Inc. by operating under a misleadingly similar name.

Background of the Issue

On May 22, 2025, BaFin published a warning about Financial Star Inc. and its marketing of the FS Glows app. The warning detailed practices involving identity fraud, unauthorized stock recommendations, and day-trading services dispersed through WhatsApp groups and various websites. This warning has sparked confusion, which has now prompted Financial Star News Inc. to ensure that the public fully understands the distinction between themselves and the impersonating entity.

The warning explicitly does not reference or involve Financial Star News Inc., urging consumers to differentiate between the two. To highlight this, Financial Star News Inc. provided details about its operations to reassure the public of its legitimacy and commitments.

Key Points of Clarification

To make the differences abundantly clear, Financial Star News Inc. has laid out critical identifiers:

• - Domain and Operations: Their operations are strictly tied to www.thefinancialstar.com.
• - Nature of Business: The company focuses on financial news and media publishing without delving into investment advice, brokerage services, or the provision of trading accounts or financial products.
• - Regulatory Status: Importantly, Financial Star News Inc. has no regulatory issues, nor does it share any relationship with BaFin or associated entities like Waystone Investment Management and the FS Glows app mentioned in the warning.

The Impersonators

The report underscored concerns regarding the impersonators, whose actions have raised serious alarm among consumers and the financial industry. They operate under names such as Financial Star Inc. and FS Glows, leveraging web domains including

• - waystonevote.net
• - waystonevote.online
• - waystone.digital

These unauthorized entities are clearly using the reputable brand established by Financial Star News Inc. without any permission, either express or implied, leading to further confusion and potential fraud.

Conclusion and Call to Action

Financial Star News Inc. emphasizes that any engagement with unauthorized parties claiming to represent them can expose individuals to risks that stem from fraudulent activities. The company calls on the public for vigilance and awareness when navigating financial services and products, especially concerning entities that mimic recognized brands.

For clarification or inquiries, individuals are encouraged to directly reach out to Financial Star News Inc. through verified communication channels found on their official website.

This incident serves as a useful reminder of the increasing prevalence of identity theft and impersonation in an age where digital communication sets the norm. Consumers must be cautious and informed when dealing with financial matters.

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This comprehensive clarification serves to assure stakeholders and consumers that Financial Star News Inc. maintains its dedication to providing transparent and reliable financial news without any involvement in the dubious activities of impersonators. As the digital marketplace evolves, the emphasis on authenticity and verification becomes paramount in protecting oneself from exploitation.