FSMA Issues Warning Against Unauthorized Financial Activities by Cédric Bergans and BC Edufin Academy

The Belgian Financial Services and Markets Authority (FSMA) has issued a formal warning against Cédric Bergans, who also operates under the commercial name BC Edufin Academy, for conducting unauthorized financial activities. According to the FSMA, Cédric Bergans is not registered with or authorized by the regulator. Consequently, he is not permitted to provide regulated financial products or investment services to consumers in Belgium. Operating from an address at Rue Joseph Heusdens 31, 4460 Grâce-Hollogne, Bergans has promoted himself as a coach, particularly in financial matters. He previously managed the websites cedricbergans.com and bcedufin-academy.com, both of which have been taken offline. Information gathered by the supervisory authority indicates that Cédric Bergans has been providing investment advice and financial services while actively collecting funds from consumers. In addition, his platforms advertised training programs, including education on Forex trading. The FSMA highlights that the distribution of certain retail forex products is restricted and prohibited from commercialization in Belgium. The regulator also reiterated that participating in pyramid schemes is an unfair and illegal practice. Individuals who join such schemes risk losing their entire investment and may be held legally accountable for participating in a criminal offense. Because Cédric Bergans lacks the requisite authorization to conduct financial business in Belgium, the FSMA strongly advises the public against responding to any financial or investment offers from him or BC Edufin Academy. Investors are advised to verify the regulatory status of any financial entity or coach through official regulator registers before transferring any money.