Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Suspected Identity Theft Targeting Investor AB, Stockholm: BaFin Investigates Purported Sale Of Shares In “Porsche AG”

Date 28/11/2022

BaFin has become aware that a company operating under the name of Investor AB, Stockholm, is offering German investors the opportunity to purchase shares in Dr. Ing. h.c. F. Porsche Aktiengesellschaft (“Porsche AG”). Customers are also being offered the option of converting other shares into shares in “Porsche AG”. The seller of the shares in “Porsche AG” is purportedly Porsche Automobil Holding SEBaFin would like to make clear that Investor AB is not authorised to offer shares. Furthermore, there are no indications that Investor AB is actually behind the above-mentioned offers. Rather, Investor AB is likely the target of identity theft. The offer of shares in “Porsche AG” did not come from Volkswagen AG or any of its subsidiaries.

 

There has recently been an increase in reports of attempted fraud where investors are offered shares in well-known companies. However, these shares are not delivered to the clients after payment is made, and the offerors can no longer be reached; in some cases, the offered shares do not even exist.