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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:

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

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

The Panama Superintendent of Banks has another advisory at:

and receive complaints at:
Fax: (507)264-9560
Superintendencia de Bancos
P.O. Box 0832-2397 W.T.C.
Panamá - República de Panamá

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.

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


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