Thursday, November 06, 2008

Warning on BVI firm Ross-Parkinson and NY-based International Equity Portfolio

The Swedish Financial Supervisory Authority, Finansinspektionen, has reported that Ross Parkinson (www. rossparkinson .com), having its headquarters in the British Virgin Islands and using the address Wickhams Cay, Road Town, Tortola, BVI, as well as New York-based International Equity Portfolio, are offering investment services without the required authorisation, and therefore they are not entitled to provide financial services.

Representatives of Ross-Parkinson have contacted investors by phone offering to buy their holdings of shares, however in advance they are asking the investors to pay a fee. This may be called an advance fee fraud scheme.

This warning was published on public sites with the purpose to protect the investing community.

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