Öffentliche Betrugswarnung – Verbraucherwarnung!ATB Holdings
- Warnung FSMA Belgium
ATB HOLDINGS (WWW.ATBHOLDINGS.COM)
The Financial Services and Markets Authority (FSMA) warns the public against the activities of ATB Holdings, a company that offers investment services.
ATB Holdings is not an authorized investment firm in Belgium. It is therefore not allowed to provide investment services in or from Belgium.
Moreover, according to the information available to the FSMA, the activities proposed could be of a fraudulent nature, i.e. boiler room fraud. More information on this form of fraud is available in the general warning published by the FSMA on 27 September 2017.
The FSMA thus strongly advises against responding to any offer of financial services made by ATB Holdings and against transferring money to any account number it might mention.
ATB Holdings uses the website www.atbholdings.com (link is external) and the following coordinates:
Addresses: 6th Floor, Owl Tower, 4-21-1, Higashiikebukuro, Toshima-ku, Tokyo, Japan
TradeTower, 28th Floor, Gangnam-gu, Seoul, South Korea
Emails: firstname.lastname@example.org (link sends e-mail) and email@example.com (link sends e-mail)
Tel.: +81 3 4540 0915 and +82 2 6410 8718
ATB Holdings appears to have links to TST International, a company about which the FSMA has also issued a warning.
Would you like to enquire more generally as to whether a transaction being proposed complies with the financial legislation? Please use the search engine on the FSMA website. You can also contact the FSMA directly via the consumer contact form.
2018-01-19, Public warning Finanstilsynet Denmark against ATB Holdings
Warning against ATB Holding and TST International
The Danish Financial Supervisory Authority (FSA) warns the public against the activities of ATB Holdings and Toronto Sumitomo Trading International (TST International).
It has come to the attention of the Danish Financial Supervisory Authority (FSA) that the companies ATB Holdings and Toronto Sumitomo Trading International (TST International) are providing investment services from Denmark, without any authorization to operate as an investment firm in Denmark.
The Danish FSA strongly advise against responding to any offer of financial services made by the companies ATB Holding and Toronto Sumitomo Trading International (TST International) and against transferring money to any account number the companies might mention.
Toronto Sumitomo Trading International (TST International) uses the websites www.tstinternational.com (link is external) (now closed), the email addresses firstname.lastname@example.org (link sends e-mail) and email@example.com (link sends e-mail) and the phone numbers +1 647 945 9743 and +81 3 4590 0813.
The company claims to have its registered offices in Canada (Bay Wellington Tower, 181 Bay St, Suite 3300, Toronto ON M5J 2T3) and in Japan (Otemachi Tower 29F, 1-5-6 Otermachin Chiyoda-ku, Tokyo 100-8176).
ATB Holdings uses the website www.atbholdings.com, the email address firstname.lastname@example.org and email@example.com. The company claims to have its registered offices in Tokyo, Japan (6th Floor, Owl Tower, 4-21-1, Higashiikebukuro, Toshima-ku) and Seoul, South Korea (Trade Tower, 28th Floor, Gangnam-gu).
The Danish Financial Supervisory Authority provides a database with information on which companies that are complying with the financial regulations. Go to: Companies under Supervision.
2018-03-02, Public warning SFC Hong Kong against ATB Holdings
Name: (New) ATB Holdings
Type: Unlicensed entities
Address(es): i) 6th Floor, Owl Tower, 4-21-1, Higashiikebukuro, Toshima-ku, Tokyo, Japan
ii) Trade Tower, 28th Floor, Gangnam-gu, Seoul, South Korea
Remarks: The company uses a bank account in Hong Kong in the name of Allied Shine Enterprises Limited for settlement.
Add date: 2 Mar 2018
Note: Unlicensed entities often use names similar to legitimate companies to confuse investors.
2018-08-27, Public warning by FSA Japan against the boiler room ATB Holdings
Investment Fraud - Investors Alert
1. Today, so-called "Cold Calling," a fraudulent practice aimed at soliciting investors, is conducted all over the world. "Cold-calling" is a practice where by an entity disguises itself as a brokerage firm or an asset management firm and approaches potential investors via non face-to-face channels, such as by phone, fax, and emails, in order to solicit investment in securities or financial products. Typically, a "cold caller" makes unsolicited calls to potential investors, cajoles them into deciding to purchase certain securities, and then, becomes unavailable for contact after the investor sends the money for that purchase. As a result, the investors cannot obtain the securities although they made the payment, and they also cannot get back the money they paid. Investors need to be more careful and vigilant, as cold callers have been using more varied and more sophisticated tactics. (For example, some cold callers execute transactions properly and make profits for investors at first. Then, they solicit bigger transaction and make the investors transfer the money for it. After that, the cold callers disappear.)
2. In most countries, a person is required to be registered with or licensed by the national regulatory body before conducting solicitation of securities transactions. However, cold-callers do not have such registration or licenses. One of the characteristics of cold callers is that it is extremely difficult to discover their whereabouts. Many cold callers indicate their office locations on their websites (or documents sent to investors), but they rarely operate at that location. Apparently, cold callers intentionally hide their whereabouts, so that they can avoid being visited by the investors they approach. Notably, it is very typical that cold callers claim that they are located in a country that is different from the location of the prospective victim. For example, there are many cases in which cold callers that have approached American or European investors claims that to have an office located in Japan (at a building in Tokyo, for instance.)
3. The FSA has received extensive information from overseas investors and foreign regulators with regard to cold callers who claim to be located in Japan. The FSA has made a list of entities which are not registered with or authorized by the FSA under the Financial Instrument and Exchange Act of Japan. Investors should be very careful and vigilant about conducting business with these entities, potentially opting against conducting any transactions via these entities.
4. Recognizing the need for cooperation among securities regulators in order to combat cold calling, the International Organization of Securities Commissions (IOSCO) - the international body consisted of securities regulators around the world - publicized a statement for investors alert on cold calling in February 2002 (see attachment). In the context of such international cooperation, the FSA brings attention and warning to investors by putting the list of suspected cold-callers below. Likewise, foreign regulators publicize the same kind of list and issue warnings to investors on their own websites. When you are solicited by an entity to invest in certain securities, it is very important for you to check the list below as well as other regulators' websites in advance of making decisions.
5. It has been noted that the entities listed below do not cover all exiting cold callers in the world. Other cold callers may exist. Therefore, it is recommended that investors check not only the list below, but also the "List of licensed (registered) Financial Institutions" and confirm whether the entity is registered with the FSA. If not registered, sufficient caution is necessary, such as not having a business with such entities.