In an announcement published in today’s issue of the official gazette “Amtsblatt zur Wiener Zeitung”, the Austrian Financial Market Authority warns against financial service transactions with the provider
Apex Trading Group
Internet: www.apex-tg.com
E-mail: info(at)apex-tg.com
with alleged offices in
Singapore Office:
31st Floor, Capital Tower, 168 Robinson Road
Singapore 068912 SINGAPORE
Phone: +(65) 6491 5300
Fax: +(65) 6491 5301
Japan Office:
18th Floor, Tokyo Sankei Building, 1-7-2 Ohtemechi,
Chiyouda-1, Tokyo 100-0004 JAPAN,
Phone: +(81) 344 964 940
Fax: +(81) 344 964 941
Financial Services Office:
41st Floor, Shin Kong Life Tower, 66 Chung-Hsiao West Road, Sec. 1,
Taipei , TAIWAN , R.O.C.
This provider, while mainly approaching potential clients by phone or through the Internet, is not in possession of a licence issued by the FMA allowing it to offer services such as advising clients on investing funds, managing client portfolios in accordance with mandates given by investors or brokering business opportunities for the acquisition or sale of certain financial instruments. Among other things, APEX offers blue chips at a 10% or higher discount from the current price. As supposed proof of the company’s respectability , phone numbers of allegedly satisfied clients are provided. If the client wants to sell the stocks he or she believes to have purchased, first the excuse of alleged blocking periods is used, and if the client keeps insisting all contacts are cut. Neither is the money remitted back nor are the supposedly purchased stocks transferred.
The Accounting and Corporate Regulatory Authority (ACRA – www.acra.gov.sg ) of the Republic of Singapore, where the APEX Trading Group allegedly has its main office, would like to emphasize that this provider is not registered with it and does not possess any licence.
For further information please contact
Klaus Grubelnik (FMA Media Spokesperson)
+43/(0)1/24959-5106
+43/(0676)/882 49 516