The following investment firms have been added to the respect financial regulator warning lists.
Liberty Advisory Group Inc
Kredittilsynet has been informed that Liberty Advisory Group Inc
1440 Broadway Suite
2304 New York,
New York
10018
Has approached Norwegian investors offering to purchase shares on their behalf subject to payment of an advance fee. The company also offers services from a website www.libertyadvisorygroup.com
Kredittilsynet wishes to make it clear that Liberty Advisory Group Inc is not authorised to provide investment services in Norway, and therefore lacks the licence required under Norwegian law. The company is consequently not subject to Kredittilsynet’s supervisory oversight, nor has Kredittilsynet approved the services offered by the company. Kredittilsynet therefore recommends investors not to enter into agreements with or transfer assets to Liberty Advisory Group Inc.
Peterson & Jones Associates
Peterson and Jones Associates has been added to the UK's FSA warning list. Unfortunately no further information is available.
Verein Zukunft Neu
Pursuant to Article 4 para. 7 of the Bankwesengesetz (BWG; Banking Act), the Financial Market Authority (FMA) is entitled in individual cases to disclose to the general public by publication in the official gazette "Amtsblatt zur Wiener Zeitung", or in any other official bulletin with nationwide circulation, the name of a company not entitled to carry out certain banking transactions (Article 1 para. 1 no. 1 BWG).
By publication in the official gazette "Amtsblatt zur Wiener Zeitung" of 28 April 2009, the FMA is exercising this right and warns against the conclusion of banking transactions requiring a licence with the following provider:
Verein Zukunft Neu
Mooslackengasse
171190
Vienna
www.zukunft-neu.eu
This provider does not possess a licence issued by the FMA to carry out certain banking transactions in Austria. The acceptance of funds from other parties for the purpose of administration or as deposits (deposit business) is therefore not allowed.
Dufresne and Andy International
Dufresne and Andy International is not authorised by Finansinspektionen (the Swedish Financial Supervisory Authority) and is therefore not entitled to provide financial services.
Dufresne and Andy International has a website (www.dufresneandandyint.com) using the following address:
1535 Broadway,
New York,
NY
10036
USA.
Dufresne and Andy International's representatives contact investors by telephone and offer to buy their holdings of shares in an American OTC company. However, the investor must first pay a fee in advance, "Restriction Fee per Unit". This is an advance fee fraud scheme.
Knoll Ridge Group
Knoll Ridge Group is not authorised by Finansinspektionen (the Swedish Financial Supervisory Authority) and is therefore not entitled to provide financial services.
Knoll Ridge Group has a website (www.knollridgegroup.com) using the following address:
205 South 49th St.,
Atlanta,
GA,
United States.
Knoll Ridge Group's representatives contact investors by telephone and offer to buy their holdings of shares in an American OTC company. However, the investor must first pay a fee in advance, "Margin Equity". This is an advance fee fraud scheme.
Pacific Rim Wealth Management
Pacific Rim Wealth Management is not authorised by Finansinspektionen (the Swedish Financial Supervisory Authority) and is therefore not entitled to provide financial services.
Pacific Rim Wealth Management has a website (www.pacificrimwealthmgmt.com) using the following address:
16 Westlands Road,
Hong Kong.
Pacific Rim Wealth Management's representatives contact investors by telephone and offer to buy their holdings of shares in an American OTC company, World Wide Child Care Corp. (WWCC) formerly International Child Care Corp. (ICCR)
Morgan Singleton Associates
Morgan Singleton Associates is not authorised by Finansinspektionen (the Swedish Financial Supervisory Authority) and is therefore not entitled to provide financial services.
Morgan Singleton Associates has a website (www.morgansingleton.com) using the following address:
PO Box 62889,
Seattle,
Washington,
98381-1926,
USA.
Morgan Singleton Associates' representatives contact investors by telephone and offer to buy their holdings of shares in an OTC company, Phoenix Biologicals.
Milton Willard Financials
Milton Willard Financials is not authorised by Finansinspektionen (the Swedish Financial Supervisory Authority) and is therefore not entitled to provide financial services.
Milton Willard Financials has a website (www.miltonwillard.com) using the following address:
500 North Michigan
Suite 303,
Chicago,
Illinois
60611
United States.
Milton Willard Financials' representatives contact investors by telephone and offer to buy their holdings of shares in an American OTC company, Interact-TV, Inc. (ITVI).
