The AFM has received reports about Tortola Capital and Iberia Securities from various Dutch consumers. Tortola Capital and Iberia Securities approached consumers in the Netherlands with the offer of buying shares.
The AFM has established that Tortola Capital and Iberia Securities do not hold a licence from the AFM or a European passport, issued by another European supervisor, for providing investment services and/or performing investment activities in the Netherlands.
The AFM has initiated an investigation on the basis of signals, which investigation gave rise to the strong suspicion that Iberia Securities is a so-called 'boiler room'. There is also the suspicion that Tortola Capital and Iberia Securities are linked, or that Tortola Capital concerns the same boiler room as Iberia Securities.
Boiler room is the collective name for fraudulent persons and organisations that deploy several aggressive salespersons to call potential investors to interest them in investing in worthless and/or fake shares.
According to the www.iberiasecurities.com website, Iberia Securities is established at the following address:
Manuel Lasala 2
The following contact details are provided on Iberia's website:
Tel. +34 976 361877
Fax: +34 976 361878
According to the www.tortolacapital.com website, Tortola Capital makes use of the following addresses and contact details:
Tortola Capital European Headquarters:
Dépület, Gábor Dénes
1117 Budapest, Hungary
Tel : 36.1.577.2098 Fax: 36.1.577.2099
Tortola Capital Americas Headquarters:
68 South Service Road
The AFM is committed to promoting fair and transparent financial markets.
As an independent market conduct authority, we contribute to a sustainable financial system and prosperity in the Netherlands.