Home Crypto News Swedish Financial Supervisory Authority Warns on ‘Fortuna Private Investments’

Swedish Financial Supervisory Authority Warns on ‘Fortuna Private Investments’

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The Swedish Financial Supervisory Authority, often known as Finansinspektionen (FI), has issued a warning on individuals claiming to symbolize a agency known as “Fortuna Private Investments.”

The people, who’re providing varied “financial services”, declare that they’ve an workplace situated in Sweden. However, FI has been unable to confirm that Fortuna Private Investments actually exists. “FI warns investors and others about doing business with firms that are not authorised to offer financial services,” the watchdog’s announcement stated.

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Fortuna Private Investments just isn’t below FI’s supervision, neither is it authorised by FI to conduct securities enterprise or some other monetary providers. FI additionally stated that it has not acquired any discover of cross-border enterprise actions by Fortuna Private Investments by different EEA nations.

Fortuna Private Investment’s web site boasts eye-popping returns

Therefore, it appears as if they “firm” could have some affiliation with fraudulent actions. In addition to its claims that it has an workplace in Sweden, Fortuna additionally lists contact data for addresses in New Zealand and Canada, and has a web site that seems to be actively on-line.

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The firm boasts that it “offers the world’s highest performing Managed FX strategy,” and that “world-leading institutional market analytics guide our strategies toward unmatched performance.”

The firm additionally claims to supply eye-poppingly excessive returns: a “20% average monthly return” and a “1,165.75% average annual return” for account holders. The firm claims to supply a “Standard Account” with a $3,000 USD minimal deposit, and a “VIP Account” with a $10,000 minimal deposit. Both accounts include a  “lifetime guarantee monthly performance fee” of 20-30%.

The agency additionally claims to be partnered with worldwide, multi-licensed brokerage agency MultiBank.

Finance Magnates reached out to Fortuna Private Investments through e mail, and didn’t hear again by press time. Comments from the agency can be added as they’re acquired.

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