The inspection team has received calls from investors asking for more disclosure of traders whose real office address was not in accordance with the regulatory information. Given the feedback from the investors,The inspection team was about to pay a site visit to GW.

Surroundings

In order to complete the inspection in this session, the surveyors came to 7B Andrea Papakosta Street in the east of Nicosia and found two road signs hanging on the pillar with the bigger road sign showing road name by English and Greek.

Office

According to the regulatory information, the Cyprus licensed company of GM was located at 7B Andrea Papakosta Street, Nicosia, Cyprus 1037 The investigation team paid a site visit to the office.

The surveyors found a stone stage. The words GLOBIAWEALTH are easy to find even if standing far away from the stone stage at whose direction the surveyors were about to visit GW. 

Featured Photos

The surveyors went directly to the door of the company and its staff member brought the surveyors to the office and told the surveyors that the office belongs to PRC and GW’s office isn’t located here at present .

Conclusion

The site inspection by the inspection staff confirmed that the Cyprus licensed broker of GW doesn’t exist.