The Financial Services and Markets Authority (FSMA) warns the public against the activities of TSB Wealth, a company that offers investment services.
TSB Wealth 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 November 2018.
The FSMA therefore strongly advises against responding to any offer of financial services made by TSB Wealth and against transferring money to any account number it might mention.
TSB Wealth uses the website https://paul-smith-94n4.squarespace.com and www.tsb-wealth.com and the following contact details:
Addresses: Bleicherweg 10, 8002 Zürich, Switzerland
14 Wall St, New York, NY 10005, America
3 Lombard Street, London, EC3V 9AA, United Kingdom
Emails: firstname.lastname@example.org; email@example.com
Tel.: +41 435 083 716; +1 646 741 5146; +44 203 514 3038
TSB Wealth has also been the subject of a warning by the British financial supervisory authority, dated 20 February 2018.
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.