Investor Alerts - Glotcapitals
| Company: | Glotcapitals |
|---|---|
| Regulator: | The Dutch Authority for the Financial Markets |
| Jurisdiction: | The Netherlands |
| Date: | 24 Dec 2024 |
| Link: | https://www.afm.nl/nl-nl/consumenten/waarschuwingen/bekijk-de-waarschuwingen/boilerroom/glotcapitals |
| Subject: | Regarding market intermediaries who are required to be licensed or registered (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 Glotcapitals. This company is a suspected boiler room, a form of online investment fraud. Glotcapitals has approached persons without being a sked, to offer the m 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 Glotcapitals does not have an AFM license or a European Passport. |
