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Finansinspektionen (the Swedish Financial Supervisory Authority) has today published this statement in order to warn investors against dealing with unauthorised firms. Melqu Invest HB 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.
Melqu Invest HB has a website (www.melquinvest.com) using the following address: Ängsviks Torpsväg 5, 184 95 Ljusterö, Stockholm, Sweden.
Melqu Invest HB’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, “Seller’s 10% Refundable Payment Deposit Amount”. 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
Created 05.05.2010 Edited 05.05.2010