The Financial Services and Markets Authority (FSMA) warns the public against the activities of Sumitomo Gunma Holdings, a company that offers investment services.
Sumitomo Gunma Holdings 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 20 September 2018.
The FSMA therefore strongly advises against responding to any offer of financial services made by Sumitomo Gunma Holdings and against transferring money to any account number it might mention.
Sumitomo Gunma Holdings uses the website www.sghtrading.com and the following contact details:
Addresses: 13F Mita Kokusai Building, 1 Chome-4-28 Mita, Minato, Tokyo, 108-0073, Japan
8F Tower 8, 7 Jongro 5 gil, Jongro-gu, Seoul, Korea
Tel.: +81 3 4577 4640; +82 2 6433 9518
Sumitomo Gunma Holdings has also been the subject of a warning by the Danish supervisory authority (FSA).
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.