NBS warning about the activity of the Chris Gardner Group

28. 06. 2019 | Information for Public

Národná banka Slovenska (NBS) warns the public about the activities of the Chris Gardner Group, a company which has main offices at Raadbuspladsen 16, 1550 Copenhagen, Denmark, and at 17 State Street, Suite 4000, New York. This company has been offering members of the public in Slovakia, via telephone and email, the opportunity to invest in shares of Altum Pharmaceuticals Inc. Until recently it was also offering services on its official website - www.chrisgardnergroup.com - which is now deactivated.

Národná banka Slovenska points out that the Chris Gardner Group does not have an authorisation that would allow it to conduct business in Slovakia under the Securities Act (No 566/2001). Furthermore, NBS has no record that the company is a provider of investment services under the European Union's ‘single passport'.

The investment activities performed by Chris Gardner Group are not subject to supervision by Národná banka Slovenska and funds invested with the company are not protected under Slovak law. NBS further points out to potential investors that the companies' services may not be marketed in Slovakia through a third party.

Národná banka Slovenska continues to warn consumers interested in investing in the financial market to consider carefully before concluding a contract with a financial services provider and to check the provider against the list of authorised providers listed on the NBS website. Given the rising number of email and other scams, NBS recommends consumers to give thorough consideration to all risks and aspects of any potential investment, including their own financial resources, investment preferences, and ability to bear potential losses.