News & Warnings

Echler Solomon Feng

Warnings
07/06/2019

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

Echler Solomon Feng is not allowed to provide investment services in or from Belgium.

Moreover, according to the information available to the FSMA, it could be a so-called ‘boiler room’ fraud. More information on this form of fraud is available in the general warning published by the FSMA on 7 June 2019.

The FSMA therefore strongly advises against responding to any offer of financial services made by Echler Solomon Feng and against transferring money to any account number it might mention.

Echler Solomon Feng uses the website www.esfpm.com and the following contact details:

Adresse: Edificio Keng Ou, 371 Avenida da Praia Grande, Praia Grande, Macau
E-mail: enquiry@esfpm.com, a.philips@esfpm.com, s.kennedy@esfpm.com, d.hindle@esfpm.com, accounts@esfpm.com
Tel.: +86 532 66 01 9097, +86 532 8099 4032, +853 8294 2480, +1 212 316 1998, +08653266019097

It also uses 2 bank accounts, which it claims were opened in the name of Ashburn Worldwide and Ontario Group Ltd respectively.

Would you like to enquire more generally as to whether a transaction being proposed complies with the financial legislation? Please use the search function on the FSMA website. You can also contact the FSMA directly via the consumer contact form.