Wednesday, March 26, 2008

Investigation Launched into Suspected Finnish Investment Scam

The National Bureau of Investigation, Finland's central criminal police, has started an investigation into the activities of the WinClub "investment club". The NBI says that up to 10,000 people had made on-line investments in the club. The total value of the investments exceeds EUR 50 million.Individual investors may have lost thousands and even tens of thousands of euros in investments. The website of the on-line investment community was shut down at the beginning of this month. Only a few criminal complaints have been made so far.

No comments: