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Name: Paramount Bank
Type: Suspicious websites
Address(es): The company represents it has a head office in Hong Kong and an office in London.
Website: www.paramountbank.net
Remarks: The company represents it is regulated by the UK financial regulator. Please refer to the dated 10 November 2003 issued by the Hong Kong Monetary Authority for details.
Add date: 14 Jul 2004
Note: Suspicious website operators often use names similar to legitimate companies to confuse investors.
Suspicious websites

Dubious websites may offer too-good-to-be-true investment opportunities (e.g. pre-IPO stocks of fabricated companies sold at huge discounts, or funds with guaranteed multiple returns) that do not actually exist. Alternatively, such websites may be fraudulent copycat websites imitating the websites of reputable financial institutions to lure investors to part with their money and/or disclose personal information that the fraudsters may later use to swindle investors.

Do not respond to investment website offers unless you are sure of the legitimacy of the entity.

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