Finansinspektionen (the Swedish Financial Supervisory Authority) has
today published this statement in order to warn investors against dealing with unauthorised firms. New York Global Group, Inc. 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.
New York Global Group, Inc. has a website (www.newyorkggi.com) using the following address: 14 Wall Street, Suite 1225, New York, NY 10005.
New York Global Group, Inc.'s representatives contact investors through
unsolicited telephone calls and offer to buy their holdings of shares in an OTC company. However, the investor must first pay a fee in advance, "De-Restriction Fee 15%". This is an advance fee fraud scheme.
To find out whether a company or individual is authorised, check
Finansinspektionen's website at: www.fi.se under "Authorisation".
New York Global Group, Inc. is an impersonator of a genuine entity with the same name. The impersonator has NO connection with, and is not to be confused with, the genuine New York Global Group, Inc., a Regulation D exempt filer (SEC file no. 021-79407, received 05-20-07). The SEC's EDGAR database contains registration information for the genuine entity.