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Paams Funding Inc. as well as PFG Services

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Pursuant to Article 4 para. 7 first sentence of the Austrian Banking Act (BWG; Bankwesengesetz), the Austrian Financial Market Authority (FMA) may disclose to the general public by publication on the Internet, in the official gazette “Amtsblatt zur Wiener Zeitung”, or in any other newspaper with nationwide circulation, that a particular natural or legal person (person) is not entitled to carry out certain banking transactions, provided that said person has given cause for such action and informing the general public is deemed necessary and reasonable with regard to possible disadvantages of the person concerned.

By publication in the official gazette “Amtsblatt zur Wiener Zeitung” of 23 December 2015, the FMA informs that
Paams Funding Inc.
Raff Lehmann
32 South Orange Avenue
Orlando, FL 32801-3336
United States of America
Tel: +1 (407) 459-7872
Fax: +1 (407) 506-0810

as well as

PFG Services
Delph Infuso
United States of America
Tel: +1 (407) 459-7872

is not entitled to carry out banking transactions in Austria that require a licence. The provider is therefore neither allowed to conclude loan agreements nor to grant monetary loans on a commercial basis (credit business pursuant to Article 1 para. 1 no. 3 BWG).

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