Investor Alerts - Chronovalor

Company: Chronovalor
Regulator: The Dutch Authority for the Financial Markets
Jurisdiction: The Netherlands
Date: 20240326 26 Mar 2024
Link: https://www.afm.nl/nl-nl/consumenten/waarschuwingen/bekijk-de-waarschuwingen/boilerroom/chronovalor
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 Chronovalor. This company is a suspected boiler room. Chronovalor 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 Chronovalor does not have an AFM license or a European Passport.