The Financial Supervisory Authority of Norway has warned that a company being marketed to investors with promises of high returns and extensive future plans may be part of an investment scam. It said those promises and plans are not sufficiently documented and appear unrealistic, while the marketing presents significant upside without clearly communicating the risk of loss. The authority said investments of this type are highly risky and investors could lose all the money they invest. Norway's Consumer Authority added that the marketing shows similarities to a pyramid scheme, including promises of high and rapid earnings without adequately explaining the basis for the returns. It also said marketing must be accurate and balanced, with costs, terms, loss risk and how participants actually make money set out clearly.
Norwegian Finanstilsynet2026-06-25
Financial Supervisory Authority of Norway warns over company marketed with unrealistic high return claims and pyramid scheme traits
The Financial Supervisory Authority of Norway warned that a company promoted with promises of high returns and ambitious future plans may be part of an investment scam. It said the claims are poorly documented and unrealistic, and that investors could lose all their money. Norway's Consumer Authority added that the marketing shows pyramid scheme characteristics and must more clearly disclose costs, terms, risks and the basis for returns.