24 August 2022

Investor alert: Jensen and Partners, Financial Organisation for Foreign Equities, Palle Securities Group and Financial Services Inspectorate.

The FMA is advising the public to exercise caution when conducting financial services with Jensen and Partners, Financial Organisation for Foreign Equities, Palle Securities Group and Financial Services Inspectorate.

We have received reports of Jensen and Partners and Palle Securities purporting to offer New Zealand residents the opportunity to sell their shares. The shares buyback offers involved advance fees to “unrestrict” shares or “recertification” deposit that needed to be paid before shares could be sold.

  1. Jensen and Partners claims to be a Swedish Corporation registered with Financial Organisation for Foreign Equities
  2. Palle Securities Group also claims to be a Swedish corporation registered with Financial Services Inspectorate.

Swedish financial regulator is Finansinspektionen (FI) and they have confirmed that Financial Organisation for Foreign Equities is not a Swedish government agency. Financial Services Inspectorate has been previously warned about as a fake regulator by the FMA and FI, Sweden in 2021. Jensen and Partners and Palle Securities are not registered or licensed companies in Sweden.

The FMA warns New Zealand consumers and investors to be wary of such advance fee scams and unsolicited communication asking them to buy/sell shares.

Jensen and Partners
Email: [email protected]; [email protected]
Website: https://jensen-and-partners.com
Address: Götgatan 78, 118 30 Stockholm, Sweden

Financial Organisation for Foreign Equities (Finansiell Organisation För Utländska Aktier)
Email: [email protected]
Website: https://fin-fe.org
Address: Östermalmstorg 1, 114 42 Stockholm, Sweden

Palle Securities Group
Email: [email protected]; [email protected]
Website: https://www.pallesecurities.com/
Address: Bastugatan 57, 118 25 Stockholm, Sweden

Financial Services Inspectorate (Finansiell Tjänster Inspektorat)
Email: [email protected]
Website: https://www.fsi-gov.org/
Address: Birger Jarlsgatan 4, 114 34 Stockholm, Sweden