Finansinspektionen (the Swedish Financial Supervisory Authority) has today published this statement in order to warn investors against dealing with unauthorized firms. “Economic Frauds”, with a postal address of PO Box 22247, Fort Lauderdale, Florida 333 35, and website http://economicfrauds.com/ , is not authorized by Finansinspektionen and is therefore not entitled to provide financial services. Finansinspektionen has not received any notification of cross-border activities from other EES countries . Finansinspektionen has received a number of complaints that “Economic Frauds” are offering financial and legal services for which they have no authority to do so. All regulated business’ in Sweden are listed at Finansinspektionen’s website at www.fi.se . “Economic Frauds” issue warnings against other fraudulent organizations on their website http://economicfrads.com/ , looking to recruit victims of one fraud in order to further defraud these victims a second time. Their scam is an evolution of the Advanced Fee Fraud scheme. About Finansinspektionen The Swedish Financial Supervisory Authority, Finansinspektionen , is a public authority. Our role is to promote stability and efficiency in the financial system as well as to ensure an effective consumer protection. We authorise , supervise and monitor all companies operating in Swedish financial markets. Finansinspektionen is accountable to the Ministry of Finance.
