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Name: Global Option Solutions
Type: Unlicensed entities
Address(es): 32/F, Tower 1, Millennium City 1
388 Kwun Tong Road
Kwun Tong, Kowloon, Hong Kong
Website: www.globaloptionsolutions.com
Remarks: The company claimed to have a Hong Kong address which belongs to a business centre. Its sales representatives tried to solicit investors to invest in products offered by the Hong Kong Options and Futures Exchange (HKOFX), a fake market operator on the Alert List. The company uses a bank account in Hong Kong in the name of Adept Group Incorporation for settlement.
Add date: 14 May 2010
Note: Unlicensed entities often use names similar to legitimate companies to confuse investors.
Unlicensed entities

Sometimes entities appear to target Hong Kong investors whilst not having been licensed to carry out regulated activities in Hong Kong. They often adopt names similar to legitimate financial institutions to confuse investors. Alternatively, such unlicensed entities may provide financial investment trading platforms on the Internet. If you deal with a company which is not licensed by the SFC, you may not be protected by the regulatory framework enforced by the SFC.

Deal only with licensed entities and hang up on cold callers. To check whether an entity is an SFC licensee, visit our Public Register of Licensed Persons and Registered Institutions.

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