Warnings & News
WARNING CONCERNING THE COMPANY "MONACO FINANCE"
The CCAF warns the public about the company "MONACO FINANCE"
A company called "MONACO FINANCE", which wrongly claims to have implanted offices in Monaco (20 avenue de Fontvieille MC 98000 MONACO, phone number : 09 70 444 810 web site www.monacofinance.com) proposes financial advices to individuals, including through cold calling.
The CCAF wished to indicate that this company has received neither approval nor authorization to provide investment services or financial advices on the territory of the Principality of Monaco and is not entitled to be engaged in direct selling in the banking and finance sector or in receiving funds.
The CCAF therefore urges investors not to respond to the company’s offers and to refrain from passing them on to third parties in any form.
As a rule, you always have to check if the company proposing or advising financial investments is listed as an accredited company or establishment authorized to practice in the Principality of Monaco.
Unauthorised intermediaries are liable for criminal penalties.