HONG KONG: Independent financial advisory group Rothschild & Co has warned against the apparent spread of an unregulated fundraising scheme from China calling itself “Rothschild Family LCF Project”, “LCF Coins” or “LCF Cryptocurrency”.

“Investors should be aware that this unregulated fundraising scheme has falsely associated itself with the Rothschild name without authorisation. The group has seen signs that the scheme, or offshoots from the scheme, have begun to target members of the public outside of China in the past few weeks,” it said in a statement yesterday.

Rothschild & Co and members of the Rothschild family have denied any connection with the unregulated fundraising scheme.

According to Rothschild, the scheme appears to be a fund for investment in relation to virtual currencies and the Internet of Things, and to pay out money in tranches based on the time people invested. This indicates that the fund is very similar to a Ponzi scheme.

This unregulated scheme has been propagated by unknown individuals for several months in China through the internet and social media.

More recently this fraudulent scheme has been propagated on various English language websites and social media, inviting people to register through an email address, This email address is being protected from spambots. You need JavaScript enabled to view it. .">GetCoins@2017@gmail.com .

Messages have also been observed on the mobile community application BAND in Korea. It is understood that messages may also be circulating on other social media and other countries in Asia as well.

Rothschild & Co strongly recommends that members of the public who have invested or are considering investing in this unregulated scheme in any country should contact their local police immediately.

- The Sun Daily

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Yes Jaz Have seen this post quite a lot of late,how ever if you track back to the person who wrote it you will find that it is a pdf file that anyone could have written.I think if the Rothschild's with there Notoriety would have there Seal or David Mayer de Rothschild's share the Info you sent me. There is no Investment as stated which is Supposedly done through a email, incorrect. Why would they release a warning as such when they have control of Media Globally. Surely it would have made Headlines around the World with at least a spoke person representing the Rothschild's. Jaz there are going to be a lot of Companies that will be effected by this Merger and they are feeling it now. We've had a lot of Company Reps challenging the Authenticity of LCF Crypto Currency and when you see and understand whats going on Globally there is a need for them to be worried. All that aside Jaz what we are doing is Sharing and it is FREEDOM of CHOICE. Cost ZERO, not what was posted in your message and YES you will receive 3000 coins value $1500 usd and your own Back Office during the Promo period. By the way Jaz there is going to be a fee to Join LCF Crypto Currency, as to what that fee will be, we won't know till after the Launch in April.