Hoover Bright Independent Finance Advisor
De Belgische FSMA en de Zweedse Finaninspektionen waarschuwen tegen Hoover Bright Independent Finance Advisor.
Waarschuwing van de FSMA van 4 mei 2016
The Financial Services and Markets Authority (FSMA) warns the public against the activities of Hoover Bright Independent Finance Advisor, a company that offers investment services.
Hoover Bright Independent Finance Advisor 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 a fraudulent nature, i.e. boiler room fraud. More information on this form of fraud is available in the general warning published by the FSMA on 4 May 2016.
The FSMA thus strongly advises against responding to any offer of financial service made by Hoover Bright Independent Finance Advisor and against transferring money to any account number it might mention.
Hoover Bright Independent Finance Advisor uses the website www.hooverbright.com and the phone number (001) 617 855 5925. It claims to have its registered office in the United States of America (20/F, 1 Federal St., Boston, MA 02110).
Moreover, it uses a bank account that it claims to have opened in the name of CC Manuel Trading with Maybank Philippines, INC.
Hoover Bright Independent Finance Advisor has been the subject of warnings issued by the Netherlands Authority for the Financial Markets (AFM), dated 18 August 2015 and by Finansinspektionen, the Swedish supervisory authority, dated 27 February 2014.
If you wish to check in general whether a proposed transaction complies with the financial regulations, please use the search function (available in Dutch and French only) on the website of the FSMA. You can also contact the FSMA (email address: email@example.com).
Waarschuwing van Finansinspektionen van 27 februari 2014
Finansinspektionen (the Swedish Financial Supervisory Authority) has today published this statement in order to warn investors against dealing with unauthorised firms.
Hoover Bright Independent Finance Advisor 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 Hoover Bright Independent Finance Advisor contact investors through unsolicited telephone calls and offer to buy their holdings of 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.
Hoover Bright Independent Finance Advisor has a website (www.hooverbright.com) using the following contact information:
20/F, 1 Federal St Boston
Tel: (001) 617 855 5925
Fax: (001) 617 517 7707