Investor Alerts - Trade Union Trust

Company: Trade Union Trust
Regulator: The Dutch Authority for the Financial Markets
Jurisdiction: The Netherlands
Date: 20230508 08 May 2023
Subject: Regarding market intermediaries (investment and trading advisers, collective investment schemes, brokers, dealers, and transfer agents)
Comments: The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from Trade Union Trust . This company is a suspected boiler room. Trade Union Trust has approached persons without being asked, 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 Trade Union Trust does not have an AFM license or a European Passport.