CMFAS Academy is NOT RELATED to cmfasexam.com


CMFAS Academy has been operating on CMFAS.COM.SG since 2008 and has no relationship whatsoever with other domain names.

We take this opportunity to warn the public to exercise caution when considering cheaper alternatives, especially from websites that do not even publish its basic business information such as company name, registration number, business address or contact number.

We have 420 verifiable Google reviews that are genuine, written by past candidates whom had not been incentivised to write them. We also have a Pass Guarantee program so you can get money back if you fail (T&C applies).

Click here to go to the home page of CMFAS Academy.

Documentation of Questionable Business Practices


The following document outlines several concerning practices observed on the similar sounding CMFASExam.com website and related materials. Each item is presented with supporting evidence for verification.

1. No Proper Company and Receipts/Invoices

The company does not provide receipts or invoices bearing its legal company registration information, which may violate consumer protection and tax regulations in many jurisdictions.

2. Misleading Government-Associated Logo

The company uses a logo featuring a lion head, which may create a false impression of being affiliated or officially endorsed by the Singapore government.

CMFASExam logo with lion head

3. Unsubstantiated Claim of Being "Incorporated by a Group of Veterans"

The website claims to be "incorporated by a group of veterans" with no evidence to support this assertion.

Screenshot of veterans claim

4. Use of Fake Employee Group Photo

The website displays an AI-generated employee group photo to create a false impression of company size.

Screenshot of fake employee photo

5. Unsubstantiated Claim of Serving 11K+ Clients

The website claims to have served over 9K or 11K+ clients without providing verifiable evidence.

Screenshot of 9000+ clients claim

6. Unbelievable Hiring Claims

The website claims forever to be hiring multiple positions to create an impression of being a large, established company.

Screenshot of hiring claims

7. False Claims About Company History

The website claims to have been in business for "decades" despite domain registration records showing the domain was only registered in 2018.

"CMFASExam has been in the market for decades. With years of experience, we fine-tune our questions and key study notes continuously. Giving you the top-notch practice questions and study materials to pass with ease"
Screenshot of decades claim

8. Fake Testimonials

The website displays testimonials purportedly written by personas with foreign-sounding names and using seemingly stock or AI-generated avatars. One of the testimonials is an outright fake as shown. It contains a typo error ("month" spelled as "moth").

Close-up of photoshopped testimonial

9. Fake Updates

The website claims to update its content monthly. The screenshot below exposes its false claim as the Module 4B exam had already been retired by IBF for more than 1 year ago.

Fake Update on Retired Exam

10. Untraceable Leadership Claim

The website claims to be run by a "William R. Bennett" as CEO, with no verifiable information available about this individual.

Screenshot of CEO claim
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