Sweden, 19/10/2009
Finansinspektionen (the Swedish Financial Supervisory Authority) has today published this statement in order to warn investors against dealing with unauthorised firms. PGM Mergers & Acquisitions is not authorised by Finansinspektionen and is therefore not entitled to provide financial services. Finansinspektionen has not received any notification of cross-border activities from other EES countries.
PGM Mergers & Acquisitions has a website (www.pgmadvisory.com) using the following address: Harbour City World Commerce Centre 3-27 Canton Rd.Tsim Sha Tsui, Kowloon, Hong Kong.
PGM Mergers & Acquisitions’ representatives contact investors through unsolicited telephone calls and offer to buy their holdings of shares in an American OTC company, Cell Bio-Systems, Inc.. However, the investor must first pay a fee in advance, “Restriction Fee”. This is an advance fee fraud scheme.
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