Kenneth Rijock

Kenneth Rijock

Sunday, April 3, 2016

PANAMA'S SECURITIES REGULATOR INTERVENES IN COMPANY LINKED TO GARY LUNDGREN


The  Superintendency of Securities (SMV) has intervened in Panama Wallstreet SA, a Panama City brokerage firm whose foreign clients have reportedly sustained major losses, and where securities fraud is alleged to have occurred. The SMV actually took over the firm's website, and posted its Notice of Intervention there. it appears below:

The company is controlled by a Dutch national, Jochem Bernard Buse, and it has been linked to the American expat, Gary James Lundgren, who was recently banned for life from securities trading by FINRA. Buse's previous securities firms, Thaler Traders SA and Thales Securities SA, were both involved in selling bogus High Yield Investment Programs, (HYIP) ficticious schemes that promise extraordinary returns, but, in truth and in fact, are merely Ponzi schemes.

Joachim Buse
Buse also sold HYIP investments offered by Lars Christiansen, who operated a Danish investment firm known as Saxo Bank, which has been the subject of multiple investigations. Buse was previously in business with the convicted high yield American fraudster, Marc Harris.



  

3 comments:

  1. Sad events in Panama

    ReplyDelete
  2. All the information related to the investment and different companies details is available in this post and if you want more information visit Epic Research.

    ReplyDelete
  3. It took me 3 months to close an account beginning in Dec. 2016 finally received funds on March 26, 2016. Just under the wire.
    Had bad "gut" feeling after visiting their offices. in December.

    ReplyDelete

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