[ad_1]
Shares are attempted against shareholders who have not written off their shares and who are still kept in the initial register of "Nasdaq CSD SE" (formerly the Latvian Central Depository), offering to redeem shares even several cheaper than
FCMC warns of possible fraudulent schemes by protecting investors and the reliability of the financial instrument market and calls on shareholders to be particularly cautious in evaluating these offers before clarifying shares in stock market. In addition, if the shares are held in the original register, the shareholder should ensure that the shares he holds do not earn him dividends.
The FCMC informs that the alleged fraudsters are trying to ignore the real market value of the shares and conceal the fact that has accumulated dividends, convinced of the sale of shares, offering to pay a significantly lower price than their market value.
Before closing a sale of shares, the FCMC recommends checking the stock price in order to evaluate the value of the offer. If shares are held in the preliminary register of Nasdaq CSD SE, one must make sure that there are no accumulated dividends paid by the company and calculate how much they can be.
The FCMC stated that in case of any questions about the sale of shares of the company, it is always best to contact your bank or investment brokerage or company. at the FCMC. If it is determined that this may be due to such fraud, the CFMC will appeal to the state police.
The CFMC has received information on several such transactions that reveal signs of fraud. None of the potential victims have yet complained to the CFMC.
The information system available to the CFGB is as follows: a person asks shareholders whose shares during the privatization period have shares in listed companies, incl. by personally arriving at their place of residence or by phone, and trying to persuade them on the sale of shares with various arguments, offering a price significantly lower than their market value on the stock market. The shareholder is offered to settle the transaction immediately, to go to the nearest bank and to fill in all the necessary documents to complete the sale of the shares or to go to the notary, draw up a sales agreement and the power to to perform the transaction. After that, a potential fraudster can sell them at a much higher price and obtain dividends from the shares written off on the stock exchange.
For example, the buyer persuaded the person to sell 200 shares, offering approximately one euro per share, so the person only receives 200 euros. The person registered in the initial register has 200 shares, for which a total dividend of EUR 2,000 has been accumulated. The price of these shares is about 10 euros per share. Thus, if this person had written off the shares on his own behalf and sold them on the stock market, he would receive a dividend of 2,000 euros and 200 shares on the stock market could be sold for 2,000 euros, which would represent 4,000 euros.
Source link
