| Company: |
Swisschains
|
| Regulator: |
The Dutch Authority for the Financial Markets
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| Jurisdiction: |
The Netherlands
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| Date: |
20220704
04 Jul 2022
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| Link: |
https://www.afm.nl/nl-nl/consumenten/controleer-je-aanbieder/boilerroom/swisschains
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| Subject: |
Regarding market intermediaries (investment and trading advisers, collective investment schemes, brokers, dealers, and transfer agents)
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| Comments: |
The Dutch Authority for the Financial Markets (AFM) warns consumers not to respond to offers from Swisschains. This company is a suspected boiler room. Swisschains has approached persons, to offer them investment proposals. A boiler room is a collective term for fraudulent individuals and organizations using clever salespeople to call potential investors to pressure them into buying shares that promise high returns (cold calling). In reality the shares are either worthless or non-existent. The AFM has established that Swisschains does not have an AFM license or a European Passport.
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