News & Warnings

Drukenmiller Investment Services / Timmermans Asia Ltd / Hansen Peters Ltd / Sarandon Asia Ltd

Warnings
05/04/2017

The Financial Services and Markets Authority (FSMA) warns the public against the activities of Drukenmiller Investment Services, a company that offers investment services.

Drukenmiller Investment Services is not an authorized investment firm in Belgium. It is therefore not allowed to provide investment services in or from Belgium.

Moreover, according to the information available to the FSMA, the activities proposed could be of a fraudulent nature, i.e. boiler room fraud. More information on this form of fraud is available in the general warning published by the FSMA on 5 April 2017.

The FSMA thus strongly advises against responding to any offer of financial services made by Drukenmiller Investment Services and against transferring money to any account number it might mention.

Drukenmiller Investment Services uses the website www.drukenmiller-investment.com, the email addresses info@drukenmiller-investment.com, clientservices@drukenmiller-investment.com and compliance@drukenmiller-investment.com, the phone number +852 58 086 861 and the fax number +852 30 062 495. It claims to have its registered office in Hong Kong (Circle Tower, 28 Tang Lung Street, Causeway Bay, Hong Kong).

The firm also uses various bank accounts supposedly opened in the name of the following firms: Timmermans Asia Ltd, Hansen Peters Ltd and Sarandon Asia Ltd.

Drukenmiller Investment Services has already been the subject of a warning published by the Hong Kong supervisory authority (SFC), dated 5 January 2017 and by the Austrian supervisory authority (FMA), dated 25 November 2016.

If you wish to check in general whether a proposed transaction complies with the financial regulations, please use the search function (available in Dutch and French only) on the website of the FSMA. You can also contact the FSMA directly using our contact form.