CSSF issues European Capital Partners warning
Chris Hamblin, Editor, London, 17 June 2021
Luxembourg's regulator has issued a warning concerning a fraudulent operation that misuses the name of the management company European Capital Partners (Luxembourg) SA.
The Commission de Surveillance du Secteur Financier (CSSF) is warning the public of unknown persons who contact HNWs and other potential investors in an unsolicited way by using the name “Europe Capital Partners” and by offering investment services, including so-called savings accounts referred to as “Livret Europe”, “Livret Energie” or “Livret Alliance.”
In doing so, they are fraudulently using the name, the logo and the address of the real management company, which has a licence to operate in Luxembourg in accordance with Chapter 15 of the Law of 17 December 2010 relating to undertakings for collective investment and is subject to the CSSF’s supervision. The real European Capital Partners (Luxembourg) has nothing to do with the scammers.