Investment Scam
Wed, 2006-02-22
The Bermuda Police Service Fraud Unit is aware of a new investment scam that is currently in circulation around the island. The letter, which appears to be from a European country, encourages the recipient to invest in teak plantations through the 'Prime Forestry Group' of Switzerland.
Previously, both the Financial Services Authority of the U. K. and Australia issued media releases urging people not to invest in this unauthorized financial business. It appears that the business is now targeting Bermuda, as the Fraud Unit recently began receiving letters from concerned members of the public.
For more information, contact the Fraud Unit on 295-0011.
