Finansinspektionen (the Swedish Financial Supervisory Authority) has today published this statement in order to warn investors against dealing with unauthorised firms. Cohen & Levy Asociates is not authorised 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.
Cohen & Levy Associates has a website (www.cohenlevyassoc.com) using the following address: 425 Lexington Avenue, New York, NY 10170.
Cohen & Levy Associates' representatives contact investors through unsolicited telephone calls and offer to buy their holdings of shares in an American OTC company. However, the investor must first pay a fee in advance, ("Stock Legend Registration per Share"). This is an advance fee fraud scheme.
All regulated business in Sweden are listed in the Company Register.