Company News

FSMA warns against Onex Busan Financial

The Financial Services and Markets Authority (FSMA) warns the public against the activities of Onex Busan Financial, a company that offers investment services. Onex Busan Financial is not an authorized investment firm in Belgium. It is therefore not allowed to provide investment services in or from Belgium.   See the article here. Posted on: 27/09/2017

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FSMA warns against ATB Holdings

The Financial Services and Markets Authority (FSMA) warns the public against the activities of ATB Holdings, a company that offers investment services. ATB Holdings is not an authorized investment firm in Belgium. It is therefore not allowed to provide investment services in or from Belgium. See the article here. Posted on: 27/09/2017

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FSMA warns against the activities of Nagaharu Global

The Financial Services and Markets Authority (FSMA) warns the public against the activities of Nagaharu Global, a company that offers investment services.​ Nagaharu Global is not an authorized investment firm in Belgium. It is therefore not allowed to provide investment services in or from Belgium. See the article here. Posted on: 27/09/2017

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FSMA warns against Novature Group

The Financial Services and Markets Authority (FSMA) warns the public against the activities of Novature Group, a company that offers investment services. Novature Group is not an authorized investment firm in Belgium. It is therefore not allowed to provide investment services in or from Belgium. See the article here. Posted on: 27/09/2017

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FSMA published a list of companies operating unlawfully in Belgium

The Financial Services and Markets Authority (FSMA) has, on several occasions, warned the public against the activities of various providers of/intermediaries in binary options and forex products, “recovery rooms” and “boiler rooms”, all operating unlawfully. As mentioned in these warnings, the providers/intermediaries/boiler rooms in question are not authorized investment firms or credit institutions in Belgium. They are therefore not allowed to provide ...

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FSMA warns against the fraudulent activities of Fintera

The Financial Services and Markets Authority (FSMA) warns the public against the fraudulent activities of Fintera, a company that is offering credit illegally to consumers. Fintera is not authorized or registered in Belgium as a lender or credit intermediary. Therefore, Fintera may not offer credit in Belgium. See the article here. Posted on: 29/09/2017

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Financial Services and Markets Authority (FSMA) warns against of Atlantic Capital Management

The Financial Services and Markets Authority (FSMA) warns the public against the activities of Atlantic Capital Management, a company that offers investment services. Atlantic Capital Management is not an authorized investment firm in Belgium. It is therefore not allowed to provide investment services in or from Belgium. Moreover, according to the information available to the FSMA, the activities proposed could be of ...

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The SEC charged Maksim Zaslavskiy and his companies for selling unregistered securities,

The Securities and Exchange Commission charged a businessman and two companies with defrauding investors in a pair of so-called initial coin offerings (ICOs) purportedly backed by investments in real estate and diamonds. The SEC alleges that Maksim Zaslavskiy and his companies have been selling unregistered securities, and the digital tokens or coins being peddled don’t really exist. According to the SEC’s ...

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CFTC Charges California Residents Hasan Sarwar a/k/a Alexander Sarwar, and Rachida Elfrimi With Operating a $1.19 Million Dollar Ponzi Scheme and Registration Violations

The Commodity Futures Trading Commission (CFTC) on September 28, 2017, filed a civil enforcement action in the U.S. District Court for the Southern District of New York against Defendants Hasan Sarwar a/k/a Alexander Sarwar (d/b/a Profit Management Int) of Rancho Cucamonga, California, and his spouse Rachida Elfrimi (d/b/a Profit Management). The CFTC Complaint charges the Defendants with defrauding commodity pool participants, making Ponzi-style payments ...

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FCA warns against Loan Choice / Loan Watch clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Loan Choice / Loan Watch. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. See the article here: Loan Choice / Loan Watch​ Posted on: 29/09/2017

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