Investor Alerts - Openways

Company: Openways
Regulator: The Dutch Authority for the Financial Markets
Jurisdiction: The Netherlands
Date: 20240415 15 Apr 2024
Link: https://www.afm.nl/nl-nl/consumenten/waarschuwingen/bekijk-de-waarschuwingen/boilerroom/openways
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 Openways. This company is a suspected boiler room. Openways 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 Openways does not have an AFM license or a European Passport.