CBCS warns consumers of Questra, Atlantic Global

WILLEMSTAD/PHILIPSBURG–Central Bank of Curaçao and St. Maarten (CBCS) warns consumers about Questra Holdings, Questra World, Atlantic Global Asset Management and related entities, since these entities are offering investment services, and are not supervised by CBCS.

The proposed programme these entities are offering has similarities with pyramid schemes, said the Central Bank. Questra Holdings, Questra World and Atlantic Global Asset Management do not fall under CBCS’ supervision or under any other regulator in Curaçao and/or St. Maarten.

Therefore, consumers are not legally protected and may be at a higher risk of losing their money, the Central Bank stated in its warning. For more information relative to pyramid schemes, please visit CBCS’ website http://centralbank.cw/investor-education-pyramid-schemes.

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Source: The Daily Herald https://www.thedailyherald.sx/islands/68411-cbcs-warns-consumers-of-questra-atlantic-global

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