Warning against Kawwii International Group

Investor warning

Finansinspektionen (the Swedish Financial Supervisory Authority) has today published this statement in order to warn investors against dealing with unauthorised firms. Kawwii International Group is not authorised by Finansinspektionen and is therefore not entitled to provide financial services. Finansinspektionen has not received any notification of cross-border activities from other EES countries.


Kawwii International Group had a website (www.kawwii.com) using the following address: Iwanami Shoten Hitotsubashi Bldg. 4-3-12, Toranomon, Minato-Ku, Tokyo 105-8012.


Kawwii International Group’s representatives contact investors through unsolicited telephone calls and offer to buy their holdings of shares in an American OTC company. However, the investor must first pay a fee in advance, “Lock-up Provision”. This is an advance fee fraud scheme.


To find out whether a company or individual is authorised, check Finansinspektionen's website at: www.fi.se under "Authorisation".


Read more at Worthless Stock: How to Avoid Doubling Your Losses at http://www.sec.gov/investor/pubs/worthless.htm


Oprettet d.  27.01.2010  og sidst redigeret d.  27.01.2010