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Name: Pacific Wealth Global Ltd
Type: Unlicensed entities
Remarks: Unknown persons claiming to be the brokers of First Prime Group Ltd lured investors into investing in some high yield securities. Investors were told to remit money into First Prime Group Ltd or Pacific Wealth Global Ltd's bank account maintained at a bank in Hong Kong.
Add date: 18 May 2009
Note: Unlicensed entities often use names similar to legitimate companies to confuse investors.
Unlicensed entities

Sometimes entities appear to target Hong Kong investors whilst not having been licensed to carry out regulated activities in Hong Kong. They often adopt names similar to legitimate financial institutions to confuse investors. Alternatively, such unlicensed entities may provide financial investment trading platforms on the Internet. If you deal with a company which is not licensed by the SFC, you may not be protected by the regulatory framework enforced by the SFC.

Deal only with licensed entities and hang up on cold callers. To check whether an entity is an SFC licensee, visit our .

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