The Financial Services and Markets Authority (FSMA) warns the public against the activities of Sheridan Wells Advisors, a company that offers investment services.
Sheridan Wells Advisors 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 Sheridan Wells Advisors and against transferring money to any account number it might mention.
Sheridan Wells Advisors uses the website www.sheridanwellsadvisors.com and the following contact details:
Adress: 50F Cheung Kong Centre, 2 Queen’s Road Central, Central, Hong Kong
Tel.: +852 8191 7477
Sheridan Wells Advisors has also been the subject of a warning by the supervisory authority of Hong Kong (SFC).
It also uses 10 bank accounts, which it claims were opened in the name of MUH Holdings Ltd., Macro International Investment Ltd, IAM Ltd, PDG Trading Ltd, Genivers Ltd, Gerffin Ltd, Pyramid trade Campany Ltd, Prome Company Ltd, Most Pro International investment Ltd and Rackons 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.