Taxwise Consultants and Financial Compensation Authority
Warning regarding Taxwise Consultants and Financial Compensation AuthorityFinansinspektionen (the Swedish Financial Supervisory Authority) has today published this statement in order to warn investors against dealing with unauthorised firms.
Taxwise Consultants has not received authorisation from Finansinspektionen and therefore is not entitled to provide financial services in Sweden. Finansinspektionen has not received any notification of cross-border activities from other EEA countries.
Reportedly, representatives from Taxwise Consultants contact Swedish investors through unsolicited telephone calls and offer them to buy shares in American companies. Investors must first pay a fee in advance (“security deposit”) to secure the deal. This appears to be an advance fee fraud scheme. They also refer to the fake regulator, Financial Compensation Authority, to increase its credibility.
Taxwise Consultants has a website (www.taxwise.org/index.php) and is using the following contact information:
13-15 West 28th Street
Level 4, New York City
New York, USA
Tel: +1 212 796 0786
Fax: + 1 646 786 4598
650 Massachusetts Avenue, Level 5
District of Columbia, USA
Tel: +1 202 660 4056
Fax: + 1 202 379 9852
Financial Compensation Authority is using the following contact information:
1015 G Street Northwest Washington DC 20004
Tel: +1 202 552 1554
Fax: + 1 202 510 9187