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*** READ the Panama Advisories before investing...
Internal Administrator
Posted: Friday, August 12, 2011
Joined: 10/12/2010
Posts: 5780


Posted: 7/11/2002 1:40:00 PM

By: Newguy


The Panama CNV Securities Commission has issued a new list of companies not license to sell securities:

http://www.conaval.gob.pa/principal.asp?id=den&sb=ale

http://www.legalinfo-panama.com/vlite/showthread.php3?threadid=232

They are also receiving complaints at:
Fax: (507) 269-8842
P.O. Box 0832-1428WTC, Panamá, República de Panamá
email: info@conaval.gob.pa

If a company is not listed with the CNV, then it is not regulated.


The Panama Superintendent of Banks has another advisory at:

http://www.superbancos.gob.pa/english/advisory.html

and receive complaints at:
http://www.superbancos.gob.pa/contact/contact.asp
Fax: (507)264-9560
Superintendencia de Bancos
P.O. Box 0832-2397 W.T.C.
Panamá - República de Panamá
e-mail:superintendencia@superbancos.gob.pa

The only licensed trustees and banks in Panama are those authorized by superbancos.

__________________________________

My own advisory: Stay away from companies that list their address as:
>World Trade Center Building, 2nd. floor,
>53rd. Street, Marbella, Panama
>P.O. Box 0832-0588 World Trade Center, Panama
>Fax: +507 205 1800

That is an office suite with a switchboard and meeting rooms run by Regus on behalf of many "businesses" with no staff. They use the same fax number and have allotted the 205-16XX numbers.

http://www.sureglobal.com/locations_SouthAmerica1.htm
http://www.regus.com/html/locations/centre.asp?centre_id=62&agent=

And of course, don t invest offshore without your own attorney and save you and all of us a headache ...



 

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